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Revenue Recognition (Tables)
 6 Months Ended
Jun. 30, 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 June 30, 2020, follows:
(in millions)
Remainder of 202020212022202320242025Thereafter
Extended service warranties$11.4  $21.8  $20.6  $19.4  $18.3  $17.4  $140.0  
Change in Contract Liabilities A summary of the change in contract liabilities for the six months ended June 30, follows:
(in millions)
20202019
Balance as of January 1
$247.4  $227.4  
Revenue recognized(28.8) (30.2) 
Revenue deferred40.2  35.3  
Acquired liabilities—  2.7  
Balance as of June 30$258.8  $235.2  
Schedule of Change in Contract Assets A summary of the change in contract assets for the six months ended June 30, follows:
(in millions)
20202019
Balance as of January 1$100.5  $44.7  
Balance as of June 30101.9  58.1  
Change in contract assets$1.4  $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 June 30, 2020
(in millions)
CCM
CIT
CFT
CBF
Total
General construction
$699.2  $—  $—  $—  $699.2  
Aerospace—  80.8  —  2.9  83.7  
Heavy equipment
14.0  —  —  48.5  62.5  
Transportation
—  —  23.2  5.2  28.4  
Medical
—  62.8  —  —  62.8  
General industrial and other
21.7  40.4  23.3  2.2  87.6  
Total revenues$734.9  $184.0  $46.5  $58.8  $1,024.2  
Three Months Ended June 30, 2019
(in millions)
CCM
CIT
CFT
CBF
Total
General construction
$860.5  $—  $—  $—  $860.5  
Aerospace
—  164.6  —  5.7  170.3  
Heavy equipment
28.2  —  —  69.5  97.7  
Transportation
—  —  36.4  8.4  44.8  
Medical
—  37.6  —  —  37.6  
General industrial and other
26.3  43.2  30.9  3.5  103.9  
Total revenues
$915.0  $245.4  $67.3  $87.1  $1,314.8  

Six Months Ended June 30, 2020
(in millions)
CCM
CIT
CFT
CBF
Total
General construction
$1,335.0  $—  $—  $—  $1,335.0  
Aerospace—  217.5  —  8.8  226.3  
Heavy equipment
35.5  —  —  102.6  138.1  
Transportation
—  —  58.5  13.4  71.9  
Medical
—  111.0  —  —  111.0  
General industrial and other
40.8  80.0  46.3  5.0  172.1  
Total revenues$1,411.3  $408.5  $104.8  $129.8  $2,054.4  
Six Months Ended June 30, 2019
(in millions)
CCM
CIT
CFT
CBF
Total
General construction
$1,482.1  $—  $—  $—  $1,482.1  
Aerospace
—  338.4  —  10.3  348.7  
Heavy equipment
55.4  —  —  144.7  200.1  
Transportation
—  —  68.7  17.6  86.3  
Medical
—  68.6  —  —  68.6  
General industrial and other
48.6  84.8  61.7  5.8  200.9  
Total revenues
$1,586.1  $491.8  $130.4  $178.4  $2,386.7  
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 June 30, 2020
(in millions)
CCM
CIT
CFT
CBF
Total
United States
$657.2  $129.3  $20.7  $22.2  $829.4  
International:
Europe51.3  20.7  6.4  16.9  95.3  
Asia4.8  18.6  17.4  14.6  55.4  
Canada17.4  0.7  0.8  1.1  20.0  
Mexico and Latin America0.8  5.4  0.8  1.5  8.5  
Middle East and Africa2.4  2.4  0.2  0.2  5.2  
Other1.0  6.9  0.2  2.3  10.4  
Total international77.7  54.7  25.8  36.6  194.8  
Total revenues$734.9  $184.0  $46.5  $58.8  $1,024.2  
Three Months Ended June 30, 2019
(in millions)
CCM
CIT
CFT
CBF
Total
United States$824.6  $171.4  $31.7  $34.1  $1,061.8  
International:
Europe55.2  17.9  12.4  27.0  112.5  
Asia5.6  33.8  21.3  18.3  79.0  
Canada25.0  1.3  1.0  1.3  28.6  
Mexico and Latin America0.8  13.3  0.2  2.7  17.0  
Middle East and Africa2.0  6.2  0.4  0.2  8.8  
Other1.8  1.5  0.3  3.5  7.1  
Total international90.4  74.0  35.6  53.0  253.0  
Total revenues$915.0  $245.4  $67.3  $87.1  $1,314.8  
Six Months Ended June 30, 2020
(in millions)
CCM
CIT
CFT
CBF
Total
United States$1,254.1  $290.7  $49.0  $52.9  $1,646.7  
International:
Europe102.4  40.0  16.8  36.3  195.5  
Asia8.1  37.0  34.3  29.7  109.1  
Canada35.8  1.9  2.2  1.7  41.6  
Mexico2.0  16.6  1.4  3.8  23.8  
Middle East and Africa6.3  7.3  0.7  0.4  14.7  
Other2.6  15.0  0.4  5.0  23.0  
Total international157.2  117.8  55.8  76.9  407.7  
Total revenues$1,411.3  $408.5  $104.8  $129.8  $2,054.4  
Six Months Ended June 30, 2019
(in millions)
CCM
CIT
CFT
CBF
Total
United States$1,415.8  $353.5  $59.7  $66.6  $1,895.6  
International:
Europe107.3  36.3  25.5  57.5  226.6  
Asia9.7  57.6  40.3  38.7  146.3  
Canada42.5  2.4  2.6  1.8  49.3  
Mexico1.2  25.7  0.7  6.0  33.6  
Middle East and Africa5.4  13.5  1.0  0.6  20.5  
Other4.2  2.8  0.6  7.2  14.8  
Total international170.3  138.3  70.7  111.8  491.1  
Total revenues$1,586.1  $491.8  $130.4  $178.4  $2,386.7