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Nature of Operations and Significant Accounting Policies (Narrative) (Details)
$ / shares in Units, shares in Thousands
12 Months Ended
Apr. 03, 2023
USD ($)
$ / shares
shares
Mar. 17, 2023
USD ($)
Dec. 31, 2023
USD ($)
reporting_unit
segment
$ / shares
shares
Dec. 31, 2022
USD ($)
shares
Dec. 31, 2021
USD ($)
shares
Dec. 31, 2020
USD ($)
Line of Credit Facility [Line Items]            
Number of reporting segments | segment     2      
One-time cash dividend     $ 23,700,000 $ 0 $ 0  
Transition service support period (up to) 18 months          
Cash allocated     227,200,000 $ 230,700,000    
Revenue recognized for government contracts in progress     $ 211,000,000      
Common stock distributed (in shares) | shares 56,700          
Common shares, par value (in dollars per share) | $ / shares $ 1.00   $ 1.00      
Dilutive equity instruments (in shares) | shares     700 0 0  
Stock-based awards outstanding, options (in shares) | shares     511 0 0  
Stock-based awards outstanding, equity instruments other than options (in shares) | shares       0 0  
Number of stock options excluded from computation of earnings per share (in shares) | shares     400      
Allowance for credit losses     $ 11,800,000 $ 6,100,000    
Allowance for credit losses activity     $ 0 $ 0    
Percentage of inventories costed using LIFO method     12.40% 12.20%    
Increase in value of inventories if LIFO inventories were valued under FIFO     $ 9,500,000 $ 14,800,000    
Reserve for excess and obsolete inventory     33,300,000 29,000,000    
Reserve for excess and obsolete inventory activity     0 0    
Impairment of long-lived assets     0 0 $ 0  
Depreciation expense     $ 39,600,000 42,200,000 44,100,000  
Number of reporting units | reporting_unit     2      
Goodwill impairment charges     $ 0 0 0  
Intangible asset impairment charges     0 0 0  
Net intangible assets     308,900,000 344,900,000 $ 388,500,000 $ 433,300,000
Intangibles with indefinite useful lives     $ 45,500,000 $ 45,500,000    
Minimum            
Line of Credit Facility [Line Items]            
Estimated cost of capital (percent)     11.00%      
Minimum | Buildings and improvements            
Line of Credit Facility [Line Items]            
Estimated useful lives of property, plant and equipment     10 years      
Minimum | Machinery and equipment            
Line of Credit Facility [Line Items]            
Estimated useful lives of property, plant and equipment     3 years      
Maximum            
Line of Credit Facility [Line Items]            
Estimated cost of capital (percent)     12.00%      
Maximum | Buildings and improvements            
Line of Credit Facility [Line Items]            
Estimated useful lives of property, plant and equipment     25 years      
Maximum | Machinery and equipment            
Line of Credit Facility [Line Items]            
Estimated useful lives of property, plant and equipment     10 years      
Weighted Average            
Line of Credit Facility [Line Items]            
Estimated cost of capital (percent)     11.40%      
Crane Net Investment            
Line of Credit Facility [Line Items]            
Net assets received in spinoff $ 382,900,000          
Related Party            
Line of Credit Facility [Line Items]            
Cash consideration 84,000,000          
Cash allocated 0          
SpinCo | Related Party            
Line of Credit Facility [Line Items]            
One-time cash dividend 275,000,000          
Term Facility | Credit Agreement | Line of Credit            
Line of Credit Facility [Line Items]            
Maximum borrowing capacity $ 350,000,000 $ 350,000,000        
Term loan facility, term 3 years 3 years