Revenue (Tables)

3 Months Ended

Mar. 31, 2021

Revenue from Contract with Customer [Abstract]

Revenue from External Customers by Products and Services

The following table presents net sales disaggregated by product line for each segment:

	Three Months Ended
	March 31,
(in millions)	2021		2020
Fluid Handling
Process Valves and Related Products	$	174.5	$	157.2
Commercial Valves	89.2		75.9
Pumps and Systems	24.3		23.6
Total Fluid Handling	$	288.0	$	256.7
Payment & Merchandising Technologies
Payment Acceptance and Dispensing Products 1	$	185.0	$	203.2
Banknotes and Security Products	152.5		94.2
Total Payment & Merchandising Technologies	$	337.5	$	297.4
Aerospace & Electronics
Commercial Original Equipment	$	54.7	$	80.6
Military and Other Original Equipment	62.8		60.4
Commercial Aftermarket Products	19.5		33.9
Military Aftermarket Products	17.1		18.0
Total Aerospace & Electronics	$	154.1	$	192.9
Engineered Materials
FRP - Recreational Vehicles	$	24.3	$	18.8
FRP - Building Products	21.8		24.9
FRP - Transportation	7.8		7.2
Total Engineered Materials	$	53.9	$	50.9
Net sales	$	833.5	$	797.9

Contract with Customer, Asset and Liability

(in millions)	March 31, 2021		December 31, 2020
Contract assets	$	80.2	$	66.7
Contract liabilities	$	95.5	$	103.0