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Revenue Recognition (Tables)
 3 Months Ended
Mar. 31, 2020
Revenue from Contract with Customer [Abstract]  
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 March 31, 2020, follows:
(in millions)
Remainder of 202020212022202320242025Thereafter
Extended service warranties$16.7  $21.3  $20.1  $18.9  $17.9  $17.0  $133.7  
Change in Contract Liabilities A summary of the change in contract liabilities for the three months ended March 31, follows:
(in millions)
20202019
Balance as of January 1
$247.4  $227.4  
Revenue recognized(13.3) (12.8) 
Revenue deferred20.1  15.6  
Balance as of March 31$254.2  $230.2  
Schedule of Change in Contract Assets A summary of the change in contract assets for the three months ended March 31, follows:
(in millions)
20202019
Balance as of January 1$100.5  $44.7  
Balance as of March 31103.6  58.1  
Change in contract assets$3.1  $13.4  
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 March 31, 2020
(in millions)
CCM
CIT
CFT
CBF
Total
General construction
$635.8  $—  $—  $—  $635.8  
Aerospace—  136.7  —  5.9  142.6  
Heavy equipment
21.5  —  —  54.1  75.6  
Transportation
—  —  35.3  8.2  43.5  
Medical
—  48.2  —  —  48.2  
General industrial and other
19.1  39.6  23.0  2.8  84.5  
Total revenues$676.4  $224.5  $58.3  $71.0  $1,030.2  
Three Months Ended March 31, 2019
(in millions)
CCM
CIT
CFT
CBF
Total
General construction
$621.6  $—  $—  $—  $621.6  
Aerospace
—  173.8  —  4.6  178.4  
Heavy equipment
27.2  —  —  75.2  102.4  
Transportation
—  —  32.3  9.2  41.5  
Medical
31.0  —  —  31.0  
General industrial and other
22.3  41.6  30.8  2.3  97.0  
Total revenues
$671.1  $246.4  $63.1  $91.3  $1,071.9  
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 March 31, 2020
(in millions)
CCM
CIT
CFT
CBF
Total
United States$596.9  $161.4  $28.3  $30.7  $817.3  
International:
Europe51.1  19.3  10.4  19.4  100.2  
Asia3.3  18.4  16.9  15.1  53.7  
Canada18.4  1.2  1.4  0.6  21.6  
Mexico1.2  11.2  0.6  2.3  15.3  
Middle East and Africa3.9  4.9  0.5  0.2  9.5  
Other1.6  8.1  0.2  2.7  12.6  
Total international79.5  63.1  30.0  40.3  212.9  
Total revenues$676.4  $224.5  $58.3  $71.0  $1,030.2  
Three Months Ended March 31, 2019
(in millions)
CCM
CIT
CFT
CBF
Total
United States$591.2  $182.1  $28.0  $32.5  $833.8  
International:
Europe52.1  18.4  13.1  30.5  114.1  
Asia4.1  23.8  19.0  20.4  67.3  
Canada17.5  1.1  1.6  0.5  20.7  
Mexico0.4  12.4  0.5  3.3  16.6  
Middle East and Africa3.4  7.3  0.6  0.4  11.7  
Other2.4  1.3  0.3  3.7  7.7  
Total international79.9  64.3  35.1  58.8  238.1  
Total revenues$671.1  $246.4  $63.1  $91.3  $1,071.9