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Revenue Revenue (Tables)
12 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue [Table Text Block]
The following table represents our revenue disaggregated by end market.
For the Year Ended December 31, 2021Motion TechnologiesIndustrial ProcessConnect & Control TechnologiesEliminationsTotal
Auto and rail$1,335.1 $ $ $ $1,335.1 
Chemical and industrial pumps 659.0   659.0 
Aerospace and defense8.3  261.4  269.7 
Energy 184.2 38.1  222.3 
General industrial25.2  255.2 (1.5)278.9 
Total$1,368.6 $843.2 $554.7 $(1.5)$2,765.0 
For the Year Ended December 31, 2020
Auto and rail$1,104.6 $— $— $(0.2)$1,104.4 
Chemical and industrial pumps— 660.5 — — 660.5 
Aerospace and defense6.7 — 284.7 — 291.4 
Energy— 182.5 31.3 — 213.8 
General industrial9.8 — 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 defense9.1 — 409.2 — 418.3 
Energy— 242.1 39.4 — 281.5 
General industrial10.1 — 215.3 (2.9)222.5 
Total$1,241.8 $943.8 $663.9 $(3.1)$2,846.4 
Contract with Customer, Asset and Liability [Table Text Block] The following table represents our net contract assets and liabilities.
As of December 3120212020Change
Current contract assets$20.6 $19.1 7.9 %
Noncurrent contract assets0.3 — **
Current contract liabilities(46.6)(56.2)(17.1)%
Noncurrent contract liabilities(4.4)(0.1)**
Net contract liabilities$(30.1)$(37.2)(19.1)%
** Resulting percentage change not considered meaningful
Our net contract liability decreased $7.1, or 19.1%, during 2021. During 2021, we recognized revenue of $48.5, related to contract liabilities at December 31, 2020.