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REVENUE Revenue (Tables)
 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Revenue from Contract with Customer [Abstract]    
Disaggregation of Revenue [Table Text Block]
The following table represents our revenue disaggregated by end market for the three and six months ended June 30, 2019 and 2018.
For the Three Months Ended June 30, 2019
Motion Technologies
Industrial Process
Connect & Control Technologies
Eliminations
Total
Automotive and rail
 
$
312.1

 
 
$
—

 
 
$
—

 
 
$
(0.1
)
 
 
$
312.0

 
Chemical and industrial pumps
 
—

 
 
168.7

 
 
—

 
 
—

 
 
168.7

 
Aerospace and defense
 
2.8

 
 
—

 
 
105.3

 
 
—

 
 
108.1

 
Oil and gas
 
—

 
 
63.9

 
 
10.1

 
 
—

 
 
74.0

 
General industrial
 
2.8

 
 
—

 
 
54.8

 
 
(0.5
)
 
 
57.1

 
Total
 
$
317.7

 
 
$
232.6

 
 
$
170.2

 
 
$
(0.6
)
 
 
$
719.9

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Six Months Ended June 30, 2019
 
 
 
 
 
Automotive and rail
 
$
622.1

 
 
$
—

 
 
$
—

 
 
$
(0.1
)
 
 
$
622.0

 
Chemical and industrial pumps
 
—

 
 
330.2

 
 
—

 
 
—

 
 
330.2

 
Aerospace and defense
 
5.1

 
 
—

 
 
204.8

 
 
—

 
 
209.9

 
Oil and gas
 
—

 
 
118.1

 
 
18.6

 
 
—

 
 
136.7

 
General industrial
 
5.7

 
 
—

 
 
111.8

 
 
(0.9
)
 
 
116.6

 
Total
 
$
632.9

 
 
$
448.3

 
 
$
335.2

 
 
$
(1.0
)
 
 
$
1,415.4

 
For the Three Months Ended June 30, 2018
Motion Technologies
Industrial Process
Connect & Control Technologies
Eliminations
Total
Automotive and rail
 
$
322.5

 
 
$
—

 
 
$
—

 
 
$
(0.1
)
 
 
$
322.4

 
Chemical and industrial pumps
 
—

 
 
153.2

 
 
—

 
 
—

 
 
153.2

 
Aerospace and defense
 
2.7

 
 
—

 
 
96.1

 
 
—

 
 
98.8

 
Oil and gas
 
—

 
 
50.0

 
 
10.1

 
 
—

 
 
60.1

 
General industrial
 
5.1

 
 
—

 
 
57.9

 
 
(0.7
)
 
 
62.3

 
Total
 
$
330.3

 
 
$
203.2

 
 
$
164.1

 
 
$
(0.8
)
 
 
$
696.8

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Six Months Ended June 30, 2018
 
 
 
 
 
Automotive and rail
 
$
661.1

 
 
$
—

 
 
$
—

 
 
$
(0.1
)
 
 
$
661.0

 
Chemical and industrial pumps
 
—

 
 
294.7

 
 
—

 
 
—

 
 
294.7

 
Aerospace and defense
 
4.5

 
 
—

 
 
183.7

 
 
—

 
 
188.2

 
Oil and gas
 
—

 
 
98.3

 
 
19.1

 
 
—

 
 
117.4

 
General industrial
 
6.9

 
 
—

 
 
119.2

 
 
(1.3
)
 
 
124.8

 
Total
 
$
672.5

 
 
$
393.0

 
 
$
322.0

 
 
$
(1.4
)
 
 
$
1,386.1

 
Contract with Customer, Asset and Liability [Table Text Block] The following table represents our net contract assets and liabilities as of June 30, 2019 and December 31, 2018.
 
June 30,
2019
December 31,
2018
Change
Current contract assets
 
$
28.3

 
 
$
21.8

 
 
29.8
 %
 
Non-current contract assets
 
—

 
 
0.7

 
 
(100.0
)%
 
Current contract liabilities
 
(55.8
)
 
 
(61.0
)
 
 
(8.5
)%
 
Net contract liabilities
 
$
(27.5
)
 
 
$
(38.5
)
 
 
(28.6
)%