Revenue Revenue (Tables)

12 Months Ended

Dec. 31, 2020

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, 2020, 2019, and 2018:

For the Year Ended December 31, 2020	Motion Technologies			Industrial Process			Connect & Control Technologies			Eliminations			Total
Auto and rail		$	1,104.6		$	—		$	—		$	(0.2)		$	1,104.4
Chemical and industrial pumps		—			660.5			—			—			660.5
Aerospace and defense		6.7			—			284.7			—			291.4
Oil and gas		—			182.5			31.3			—			213.8
General industrial		9.8			—			200.5			(2.6)			207.7
Total		$	1,121.1		$	843.0		$	516.5		$	(2.8)		$	2,477.8
For the Year Ended December 31, 2019
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

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

The following table represents our net contract assets and liabilities as of December 31, 2020 and 2019.

	2020			2019			Change
Current contract assets		$	19.1		$	18.0		6.1	%
Current contract liabilities		(56.2)			(57.4)			(2.1)	%
Noncurrent contract liabilities		(0.1)			—			—	%
Net contract liabilities		$	(37.2)		$	(39.4)		(5.6)	%

Our net contract liability decreased $2.2, or 5.6%, during 2020. During 2020, we recognized revenue of $51.1, related to contract liabilities at December 31, 2019.