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Revenue Recognition (Tables)
 9 Months Ended
Sep. 30, 2018
Disaggregation of Revenue [Line Items]  
Reconciliation of Disaggregated Revenue
A summary of revenues disaggregated by major end-market industries and reconciliation of disaggregated revenue by segment follows:
Three Months Ended September 30, 2018 
(in millions)
CCM
CIT
CFT
CBF
Total
General construction
$716.0 $— $— $— $716.0 
Aerospace
— 160.3 — 5.8 166.1 
Heavy equipment
29.8 — — 74.4 104.2 
Transportation
— — 36.6 9.7 46.3 
Medical
— 39.1 — — 39.1 
General industrial and other
31.0 40.8 35.8 2.1 109.7 
Total revenues $776.8 $240.2 $72.4 $92.0 $1,181.4 
Three Months Ended September 30, 2017
(in millions)
CCM
CIT
CFT
CBF
Total
General construction
$640.2 $— $— $— $640.2 
Aerospace
— 137.8 — 4.4 142.2 
Heavy equipment
— — — 63.0 63.0 
Transportation
— — 39.1 10.7 49.8 
Medical
— 35.4 — — 35.4 
General industrial and other
— 37.6 31.8 2.4 71.8 
Total revenues $640.2 $210.8 $70.9 $80.5 $1,002.4 

Nine Months Ended September 30, 2018 
(in millions)
CCM
CIT
CFT
CBF
Total
General construction
$2,030.4 $— $— $— $2,030.4 
Aerospace
— 465.9 — 15.6 481.5 
Heavy equipment
87.6 — — 232.9 320.5 
Transportation
— — 109.7 31.0 140.7 
Medical
— 108.4 — — 108.4 
General industrial and other
86.0 127.9 99.5 7.3 320.7 
Total revenues $2,204.0 $702.2 $209.2 $286.8 $3,402.2 
Nine Months Ended September 30, 2017 
(in millions)
CCM
CIT
CFT
CBF
Total
General construction
$1,717.5 $— $— $— $1,717.5 
Aerospace
— 395.7 — 13.5 409.2 
Heavy equipment
— — — 179.8 179.8 
Transportation
— — 110.8 30.8 141.6 
Medical
— 95.8 — — 95.8 
General industrial and other
— 115.3 91.6 9.5 216.4 
Total revenues
$1,717.5 $606.8 $202.4 $233.6 $2,760.3 
Revenues by Geographic Area
A summary of revenues based on the country to which the product was delivered and reconciliation of disaggregated revenue by segment follows:
Three Months Ended September 30, 2018 
(in millions)
CCM
CIT
CFT
CBF
Total
United States
$687.2 $171.6 $29.2 $41.1 $929.1 
International:
Europe 52.2 20.5 14.2 24.4 111.3 
Asia 3.8 24.8 24.0 18.9 71.5 
Canada 27.7 1.4 1.9 0.8 31.8 
Mexico and Latin America 1.0 12.1 2.3 3.3 18.7 
Middle East and Africa 3.3 6.8 0.4 0.5 11.0 
Other 1.6 3.0 0.4 3.0 8.0 
Total international 89.6 68.6 43.2 50.9 252.3 
Total revenues $776.8 $240.2 $72.4 $92.0 $1,181.4 
Three Months Ended September 30, 2017
(in millions)
CCM
CIT
CFT
CBF
Total
United States $572.1 $142.4 $27.4 $34.3 $776.2 
International: 
Europe 40.1 24.6 14.3 22.7 101.7 
Asia 4.5 23.6 22.2 16.3 66.6 
Canada 20.6 1.3 1.4 0.8 24.1 
Mexico and Latin America 0.3 11.6 3.8 3.5 19.2 
Middle East and Africa 1.9 5.8 0.5 0.3 8.5 
Other 0.7 1.5 1.3 2.6 6.1 
Total international 68.1 68.4 43.5 46.2 226.2 
Total revenues $640.2 $210.8 $70.9 $80.5 $1,002.4 
Nine Months Ended September 30, 2018 
(in millions)
CCM
CIT
CFT
CBF
Total
United States $1,949.8 $491.9 $85.5 $121.3 $2,648.5 
International: 
Europe 144.0 65.8 42.5 83.6 335.9 
Asia 12.6 73.3 68.4 58.4 212.7 
Canada 75.6 3.9 5.2 2.2 86.9 
Mexico and Latin America 3.3 36.5 4.9 10.8 55.5 
Middle East and Africa 12.2 21.1 1.8 1.0 36.1 
Other 6.5 9.7 0.9 9.5 26.6 
Total international 254.2 210.3 123.7 165.5 753.7 
Total revenues $2,204.0 $702.2 $209.2 $286.8 $3,402.2 
Nine Months Ended September 30, 2017 
(in millions)
CCM
CIT
CFT
CBF
Total
United States $1,531.4 $397.1 $81.6 $97.7 $2,107.8 
International: 
Europe 119.6 73.0 41.0 68.4 302.0 
Asia 8.9 74.1 62.5 45.6 191.1 
Canada 45.4 3.6 5.0 3.1 57.1 
Mexico and Latin America 1.2 35.2 7.4 9.4 53.2 
Middle East and Africa 8.8 19.1 1.5 2.1 31.5 
Other 2.2 4.7 3.4 7.3 17.6 
Total international 186.1 209.7 120.8 135.9 652.5 
Total revenues $1,717.5 $606.8 $202.4 $233.6 $2,760.3 
Summary of the Timing of Revenue Recognition A summary of estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied as of September 30, 2018, follows:
(in millions)
Remainder of 2018
20192020202120222023
Thereafter
Extended service warranties
$5.2 $20.1 $19.2 $18.1 $17.0 $15.8 $122.7 
Change in Contract Liabilities A summary of the change in contract liabilities for the nine months ended September 30, follows:
(in millions)
20182017
Balance as of January 1
$215.8 $195.2 
Revenue recognized (53.7)(53.6)
Revenue deferred 64.9 69.6 
Acquired liabilities 0.3 0.5 
Balance as of September 30 $227.3 $211.7 
Schedule of Change in Contract Assets A summary of the change in contract assets for the nine months ended September 30, follows:
(in millions)
2018
Balance as of January 1
$— 
Adoption of ASC 606 22.8 
Revenue recognized and unbilled 118.6 
Revenue billed (92.3)
Balance as of September 30 $49.1 
Products Transferred at a Point in Time or Over Time  
Disaggregation of Revenue [Line Items]  
Reconciliation of Disaggregated Revenue
A summary of the timing of revenue recognition and reconciliation of disaggregated revenue by reportable segment follows:
Three Months Ended September 30, 2018 
(in millions)
CCM
CIT
CFT
CBF
Total
Products transferred at a point in time
$771.4 $232.5 $72.4 $92.0 $1,168.3 
Products and services transferred over time
5.4 7.7 — — 13.1 
Total revenues $776.8 $240.2 $72.4 $92.0 $1,181.4 
Three Months Ended September 30, 2017
(in millions)
CCM
CIT
CFT
CBF
Total
Products transferred at a point in time
$635.2 $209.9 $70.9 $80.5 $996.5 
Products and services transferred over time
5.0 0.9 — — 5.9 
Total revenues $640.2 $210.8 $70.9 $80.5 $1,002.4 
Nine Months Ended September 30, 2018 
(in millions)
CCM
CIT
CFT
CBF
Total
Products transferred at a point in time
$2,188.1 $666.0 $209.2 $286.8 $3,350.1 
Products and services transferred over time
15.9 36.2 — — 52.1 
Total revenues $2,204.0 $702.2 $209.2 $286.8 $3,402.2 
Nine Months Ended September 30, 2017 
(in millions)
CCM
CIT
CFT
CBF
Total
Products transferred at a point in time
$1,702.5 $602.9 $202.4 $233.6 $2,741.4 
Products and services transferred over time
15.0 3.9 — — 18.9 
Total revenues $1,717.5 $606.8 $202.4 $233.6 $2,760.3