Revenue Revenue (Tables)

12 Months Ended

Dec. 31, 2019

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue [Table Text Block]

The following table represents our revenue disaggregated by end market for the years ended December 31, 2019, 2018, and 2017:

For the Year Ended December 31, 2019	Motion Technologies			Industrial Process			Connect & Control Technologies			Eliminations				Total
Auto and rail		$	1,222.6		$	—		$	—		$	(0.2	)		$	1,222.4
Chemical and industrial pumps		—			701.7			—			—				701.7
Aerospace and defense		9.1			—			409.2			—				418.3
Oil and gas		—			242.1			39.4			—				281.5
General industrial		10.1			—			215.3			(2.9		)		222.5
Total		$	1,241.8		$	943.8		$	663.9		$	(3.1	)		$	2,846.4
For the Year Ended December 31, 2018
Auto and rail		$	1,253.0		$	—		$	—		$	(0.2	)		$	1,252.8
Chemical and industrial pumps		—			598.7			—			—				598.7
Aerospace and defense		8.5			—			369.5			—				378.0
Oil and gas		—			228.4			39.6			—				268.0
General industrial		12.6			—			237.5			(2.5		)		247.6
Total		$	1,274.1		$	827.1		$	646.6		$	(2.7	)		$	2,745.1
For the Year Ended December 31, 2017
Auto and rail		$	1,159.1		$	—		$	—		$	(0.2	)		$	1,158.9
Chemical and industrial pumps		—			560.0			—			—				560.0
Aerospace and defense		9.6			—			348.0			—				357.6
Oil and gas		—			247.2			34.2			—				281.4
General industrial		7.3			—			223.4			(3.3		)		227.4
Total		$	1,176.0		$	807.2		$	605.6		$	(3.5	)		$	2,585.3

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

The following table represents our net contract assets and liabilities as of December 31, 2019.

	December 31, 2019				December 31, 2018				Change
Current contract assets		$	18.0			$	21.8			(17.4	)%
Noncurrent contract assets		—				0.7				(100.0	)%
Current contract liabilities		(57.4		)		(61.0		)		(5.9	)%
Net contract liabilities		$	(39.4	)		$	(38.5	)		2.3	%

Our net contract liability increased $0.9, or 2.3%, during 2019. During 2019, we recognized revenue of $42.7, related to contract liabilities at December 31, 2018.