REVENUES (Tables)

6 Months Ended

Jun. 30, 2020

REVENUES

Schedule of operating lease revenue

	Second Quarter Ended				Six Months Ended
	June 30				June 30
(millions)	2020		2019		2020		2019
Operating lease revenue*		$65.4		$102.7		$173.3		$203.8

Schedule of principal activities, separated by reportable segments and geographic region

Net sales at public exchange rates by reportable segment are as follows:

	Second Quarter Ended				Six Months Ended
	June 30				June 30
(millions)	2020		2019		2020		2019
Global Industrial
Product and sold equipment		$1,231.3		$1,301.0		$2,463.3		$2,513.5
Service and lease equipment		193.9		200.0		395.9		388.7
Global Institutional
Product and sold equipment		596.4		937.6		1,485.0		1,792.9
Service and lease equipment		111.7		172.8		290.1		338.3
Global Healthcare and Life Sciences
Product and sold equipment		271.9		230.9		494.0		440.5
Service and lease equipment		26.6		21.0		48.3		38.9
Other
Product and sold equipment		55.2		90.5		136.5		172.9
Service and lease equipment		186.4		215.3		380.9		408.1
Corporate
Product and sold equipment		12.3		-		12.3		-
Total
Total product and sold equipment		$2,167.1		$2,560.0		$4,591.1		$4,919.8
Total service and lease equipment		$518.6		$609.1		$1,115.2		$1,174.0

Net sales at public exchange rates by geographic region for the second quarter ended June 30 are as follows:

	Global				Global				Global Healthcare
	Industrial				Institutional				and Life Sciences				Other				Corporate
(millions)	2020		2019		2020		2019		2020		2019		2020		2019		2020		2019
North America		$658.0		$710.3		$492.7		$812.2		$104.6		$103.3		$152.6		$188.2		$12.3		$-
Europe		308.6		305.8		106.1		157.6		171.9		137.6		45.3		66.7		-		-
Asia Pacific		184.7		191.4		46.0		59.2		13.4		4.6		15.1		17.9		-		-
Latin America		115.9		130.7		30.3		40.3		1.8		1.2		10.8		12.1		-		-
Greater China		78.2		82.5		10.6		13.2		5.7		4.6		3.0		4.4		-		-
Middle East and Africa		79.8		80.3		22.4		27.9		1.1		0.6		14.8		16.5		-		-
Total		$1,425.2		$1,501.0		$708.1		$1,110.4		$298.5		$251.9		$241.6		$305.8		$12.3		$-

Net sales at public exchange rates by geographic region for the six months ended June 30 are as follows:

	Global				Global				Global Healthcare
	Industrial				Institutional				and Life Sciences				Other				Corporate
(millions)	2020		2019		2020		2019		2020		2019		2020		2019		2020		2019
North America		$1,349.6		$1,383.8		$1,272.3		$1,552.3		$212.6		$203.2		$320.9		$354.8		$12.3		$-
Europe		589.8		582.8		248.6		300.7		292.1		257.4		105.0		125.1		-		-
Asia Pacific		368.4		373.1		106.0		115.2		23.9		8.2		33.2		36.0		-		-
Latin America		245.0		255.9		70.1		79.8		2.8		2.2		22.8		24.5		-		-
Greater China		152.4		149.9		22.0		24.1		9.2		7.4		7.2		8.5		-		-
Middle East and Africa		154.0		156.7		56.1		59.1		1.7		1.0		28.3		32.1		-		-
Total		$2,859.2		$2,902.2		$1,775.1		$2,131.2		$542.3		$479.4		$517.4		$581.0		$12.3		$-

Net sales by geographic region were determined based on origin of sale. Revenues in the United States made up 53% and 54% of total during the six months ended June 30, 2020 and 2019, respectively.

Schedule of contract liability

	June 30		June 30
(millions)	2020		2019
Contract liability as of beginning of the year		$76.7		$67.7
Revenue recognized in the year from:
Amounts included in the contract liability at the beginning of the year		(76.7)		(67.7)
Increases due to billings excluding amounts recognized as revenue during the year ended		73.5		72.2
Business combinations		0.5		3.0
Contract liability as of end of period		$74.0		$75.2