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REVENUE Revenue (Tables)
 9 Months Ended
Sep. 30, 2019
Sep. 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 nine months ended September 30, 2019 and 2018.
For the Three Months Ended September 30, 2019
Motion Technologies
Industrial Process
Connect & Control Technologies
Eliminations
Total
Automotive and rail
 
$
301.1

 
 
$
—

 
 
$
—

 
 
$
—

 
 
$
301.1

 
Chemical and industrial pumps
 
—

 
 
185.7

 
 
—

 
 
—

 
 
185.7

 
Aerospace and defense
 
1.1

 
 
—

 
 
104.0

 
 
—

 
 
105.1

 
Oil and gas
 
—

 
 
54.6

 
 
11.4

 
 
—

 
 
66.0

 
General industrial
 
2.3

 
 
—

 
 
52.5

 
 
(0.8
)
 
 
54.0

 
Total
 
$
304.5

 
 
$
240.3

 
 
$
167.9

 
 
$
(0.8
)
 
 
$
711.9

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Nine Months Ended September 30, 2019
 
 
 
 
Automotive and rail
 
$
923.2

 
 
$
—

 
 
$
—

 
 
$
(0.1
)
 
 
$
923.1

 
Chemical and industrial pumps
 
—

 
 
515.9

 
 
—

 
 
—

 
 
515.9

 
Aerospace and defense
 
6.2

 
 
—

 
 
308.8

 
 
—

 
 
315.0

 
Oil and gas
 
—

 
 
172.7

 
 
30.0

 
 
—

 
 
202.7

 
General industrial
 
8.0

 
 
—

 
 
164.3

 
 
(1.7
)
 
 
170.6

 
Total
 
$
937.4

 
 
$
688.6

 
 
$
503.1

 
 
$
(1.8
)
 
 
$
2,127.3

 
For the Three Months Ended September 30, 2018
Motion Technologies
Industrial Process
Connect & Control Technologies
Eliminations
Total
Automotive and rail
 
$
305.4

 
 
$
—

 
 
$
—

 
 
$
—

 
 
$
305.4

 
Chemical and industrial pumps
 
—

 
 
145.6

 
 
—

 
 
—

 
 
145.6

 
Aerospace and defense
 
1.3

 
 
—

 
 
92.9

 
 
—

 
 
94.2

 
Oil and gas
 
—

 
 
59.4

 
 
12.5

 
 
—

 
 
71.9

 
General industrial
 
3.6

 
 
—

 
 
60.6

 
 
(0.7
)
 
 
63.5

 
Total
 
$
310.3

 
 
$
205.0

 
 
$
166.0

 
 
$
(0.7
)
 
 
$
680.6

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Nine Months Ended September 30, 2018
 
 
 
 
Automotive and rail
 
$
966.5

 
 
$
—

 
 
$
—

 
 
$
(0.1
)
 
 
$
966.4

 
Chemical and industrial pumps
 
—

 
 
440.3

 
 
—

 
 
—

 
 
440.3

 
Aerospace and defense
 
5.8

 
 
—

 
 
276.6

 
 
—

 
 
282.4

 
Oil and gas
 
—

 
 
157.7

 
 
31.6

 
 
—

 
 
189.3

 
General industrial
 
10.5

 
 
—

 
 
179.8

 
 
(2.0
)
 
 
188.3

 
Total
 
$
982.8

 
 
$
598.0

 
 
$
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, 2019 and December 31, 2018.
 
September 30,
2019
December 31,
2018
Change
Current contract assets
 
$
33.6

 
 
$
21.8

 
 
54.1
 %
 
Non-current contract assets
 
—

 
 
0.7

 
 
(100.0
)%
 
Current contract liabilities
 
(52.7
)
 
 
(61.0
)
 
 
(13.6
)%
 
Net contract liabilities
 
$
(19.1
)
 
 
$
(38.5
)
 
 
(50.4
)%