Revenue (Tables)

6 Months Ended

Jun. 30, 2022

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				Six Months Ended
	June 30,				June 30,
(in millions)	2022		2021		2022		2021
Aerospace & Electronics
Commercial Original Equipment	$	60.6	$	53.7	$	119.2	$	108.3
Military and Other Original Equipment	57.1		62.8		114.4		125.6
Commercial Aftermarket Products	29.0		25.3		57.7		44.8
Military Aftermarket Products	14.8		15.7		27.3		32.8
Total Aerospace & Electronics	$	161.5	$	157.5	$	318.6	$	311.5
Process Flow Technologies
Process Valves and Related Products	$	186.7	$	184.3	$	369.6	$	358.6
Commercial Valves	77.2		98.2		175.4		187.7
Pumps and Systems	32.1		28.2		62.4		52.5
Total Process Flow Technologies	$	296.0	$	310.7	$	607.4	$	598.8
Payment & Merchandising Technologies
Payment Acceptance and Dispensing Products	$	211.4	$	197.3	$	422.4	$	382.3
Banknotes and Security Products	122.6		130.9		244.2		283.3
Total Payment & Merchandising Technologies	$	334.0	$	328.2	$	666.6	$	665.6
Engineered Materials
FRP - Recreational Vehicles	$	32.2	$	24.8	$	67.9	$	49.1
FRP - Building Products	31.8		26.5		59.2		48.3
FRP - Transportation	8.8		7.8		16.0		15.6
Total Engineered Materials	72.8		59.1		143.1		113.0
Net sales	$	864.3	$	855.5	$	1,735.7	$	1,688.9

Contract with Customer, Asset and Liability

Net contract assets and contract liabilities consisted of the following:

(in millions)	June 30, 2022		December 31, 2021
Contract assets	$	87.8	$	73.0
Contract liabilities	$	99.3	$	101.1