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REVENUE Revenue (Tables)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue from Contract with Customer [Abstract]    
Disaggregation of Revenue by End Market Table
The following table represents our revenue disaggregated by end market for the three months ended March 31, 2021 and 2020.
For the Three Months Ended March 31, 2021Motion TechnologiesIndustrial ProcessConnect & Control TechnologiesEliminationsTotal
Auto and rail$364.0 $— $— $— $364.0 
Chemical and industrial pumps— 159.7 — — 159.7 
Aerospace and defense1.6 — 60.2 — 61.8 
Oil and gas— 42.6 8.5 — 51.1 
General industrial3.5 — 58.6 (0.3)61.8 
Total$369.1 $202.3 $127.3 $(0.3)$698.4 
For the Three Months Ended March 31, 2020Motion TechnologiesIndustrial ProcessConnect & Control TechnologiesEliminationsTotal
Auto and rail$292.4 $— $— $(0.1)$292.3 
Chemical and industrial pumps— 161.5 — — 161.5 
Aerospace and defense2.9 — 86.1 — 89.0 
Oil and gas— 65.8 7.8 — 73.6 
General industrial2.6 — 44.8 (0.5)46.9 
Total$297.9 $227.3 $138.7 $(0.6)$663.3 
Net Contract Assets and Liabilities Table The following table represents our net contract assets and liabilities as of March 31, 2021 and December 31, 2020.
March 31,
2021
December 31,
2020
Current contract assets, net$17.9 $19.1 
Non-current contract assets, net0.3 — 
Current contract liabilities(48.0)(56.2)
Non-current contract liabilities(4.5)(0.1)
Net contract liabilities$(34.3)$(37.2)