REVENUE Revenue (Tables)

9 Months Ended

Sep. 30, 2018

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue [Table Text Block]

The following table represents our revenue disaggregated by product category for the three and nine months ended September 30, 2018.

For the Three Months Ended September 30, 2018	Industrial Process			Motion Technologies			Connect & Control Technologies			Eliminations				Total
Industrial pumps		$	145.6		$	—		$	—		$	—			$	145.6
Oil & gas pumps and components		59.4			—			12.5			—				71.9
Vehicle components		—			270.0			—			—				270.0
Aerospace & defense components		—			1.3			92.9			—				94.2
Rail components		—			35.4			—			—				35.4
Industrial components and other		—			3.6			60.6			(0.7		)		63.5
Total		$	205.0		$	310.3		$	166.0		$	(0.7	)		$	680.6
For the Nine Months Ended September 30, 2018	Industrial Process			Motion Technologies			Connect & Control Technologies			Eliminations				Total
Industrial pumps		$	440.3		$	—		$	—		$	—			$	440.3
Oil & gas pumps and components		157.7			—			31.6			—				189.3
Vehicle components		—			854.0			—			(0.1		)		853.9
Aerospace & defense components		—			5.8			276.6			—				282.4
Rail components		—			112.5			—			—				112.5
Industrial components and other		—			10.5			179.8			(2.0		)		188.3
Total		$	598.0		$	982.8		$	488.0		$	(2.1	)		$	2,066.7

Contract with Customer, Asset and Liability [Table Text Block]

The following table represents our net contract assets and liabilities as of September 30, 2018.

	September 30, 2018				January 1,  2018				Change
Current contract assets		$	21.3			$	43.2			(50.7	)%
Noncurrent contract assets		0.7				—				100.0	%
Current contract liabilities		(63.0		)		(61.7		)		2.1	%
Net contract liabilities		$	(41.0	)		$	(18.5	)		121.6	%