Net Sales

6 Months Ended

Jun. 30, 2021

Revenue From Contract With Customer [Abstract]

Net Sales

3. Net Sales

The Company defers revenue when cash payments are received in advance of satisfying the related performance obligation. These amounts are recorded as customer advances in the Condensed Consolidated Balance Sheets. The table below shows the change in the customer advances balance for the three and six months ended June 30, 2021 and 2020.

	Three Months Ended June 30,						Six Months Ended June 30,
	2021			2020			2021			2020
Balance at beginning of period	$	21.6		$	21.0		$	25.5		$	25.8
Cash received in advance of satisfying    performance obligations		29.3			15.9			59.8			44.8
Revenue recognized		(30.1	)		(21.6	)		(64.2	)		(54.1	)
Currency translation		0.2			0.5			(0.1	)		(0.7	)
Balance at end of period	$	21.0		$	15.8		$	21.0		$	15.8

Disaggregation of the Company’s revenue sources are disclosed in Note 17, “Segments.”