Revenue Recognition (Tables)

3 Months Ended

Apr. 01, 2018

Revenue Recognition

Schedule of disaggregation of revenue

	For the period ended April 1, 2018
			(in millions)
	Americas		Europe		APMEA		Consolidated
Distribution Channel
Wholesale	$	136.6	$	82.7	$	13.9	$	233.2
OEM		19.1		39.5		0.5		59.1
Specialty		67.6		—		—		67.6
DIY		17.8		0.8		—		18.6
Total revenues	$	241.1	$	123.0	$	14.4	$	378.5
Principal Product Line
Residential & Commercial Flow Control	$	139.9	$	47.2	$	9.5	$	196.6
HVAC and Gas Products		62.5		53.9		4.3		120.7
Drainage and Water Re-use Products		16.5		21.6		0.3		38.4
Water Quality Products		22.2		0.3		0.3		22.8
Total revenues	$	241.1	$	123.0	$	14.4	$	378.5

Schedule of contract assets and contract liabilities

	Contract		Contract		Contract
	Assets		Liabilities - Current		Liabilities - Noncurrent
			(in millions)
Opening - January 1, 2018	$	0.6	$	11.3	$	2.1
Closing - April 1, 2018		1.7		11.5		2.4
Increase	$	1.1	$	0.2	$	0.3