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REVENUES FROM CONTRACTS (Tables)
 9 Months Ended
Sep. 26, 2020
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
We disaggregate revenue from contracts with customers by major product line and based on the timing of recognition for each of our reportable segments and other operating segments, as we believe such disaggregation best depicts how the nature, amount, timing, and uncertainty of our revenues and cash flows are affected by economic factors, with such disaggregation presented below for the three and nine months ended September 26, 2020 and September 28, 2019:

Three months ended September 26, 2020
Reportable Segments and All OtherHVACDetection and MeasurementEngineered SolutionsAll OtherTotal
Major product lines
Cooling$79.7 $— $— $— $79.7 
Boilers, comfort heating, and ventilation74.9 — — — 74.9 
Underground locators, inspection and rehabilitation
equipment, and robotic systems		— 52.0 — — 52.0 
Signal monitoring, obstruction lighting, and bus fare collection systems— 33.2 — — 33.2 
Power transformers— — 95.1 — 95.1 
Process cooling equipment and services, and heat exchangers— — 28.0 0.2 28.2 
South African projects— — — 0.3 0.3 
$154.6 $85.2 $123.1 $0.5 $363.4 
Timing of Revenue Recognition
Revenues recognized at a point in time$154.6 $76.2 $8.4 $0.1 $239.3 
Revenues recognized over time— 9.0 114.7 0.4 124.1 
$154.6 $85.2 $123.1 $0.5 $363.4 
Nine months ended September 26, 2020
Reportable Segments and All OtherHVACDetection and MeasurementEngineered SolutionsAll OtherTotal
Major product lines
Cooling$214.2 $— $— $— $214.2 
Boilers, comfort heating, and ventilation191.2 — — — 191.2 
Underground locators, inspection and rehabilitation equipment, and robotic systems— 148.0 — — 148.0 
Signal monitoring, obstruction lighting, and bus fare collection systems— 121.2 — — 121.2 
Power transformers— — 319.6 — 319.6 
Process cooling equipment and services, and heat exchangers— — 105.2 3.8 109.0 
South African projects— — — 2.7 2.7 
$405.4 $269.2 $424.8 $6.5 $1,105.9 
Timing of Revenue Recognition
Revenues recognized at a point in time$405.4 $245.4 $31.6 $2.1 $684.5 
Revenues recognized over time— 23.8 393.2 4.4 421.4 
$405.4 $269.2 $424.8 $6.5 $1,105.9 
Three months ended September 28, 2019
Reportable Segments and All OtherHVACDetection and MeasurementEngineered SolutionsAll OtherTotal
Major product lines
Cooling$68.4 $— $— $— $68.4 
Boilers, comfort heating, and ventilation71.7 — — — 71.7 
Underground locators and inspection and rehabilitation
equipment 		— 45.0 — — 45.0 
Signal monitoring, obstruction lighting, and bus fare collection systems— 52.6 — — 52.6 
Power transformers— — 93.4 — 93.4 
Process cooling equipment and services, and heat exchangers— — 27.7 0.9 28.6 
South African projects— — — 5.1 5.1 
$140.1 $97.6 $121.1 $6.0 $364.8 
Timing of Revenue Recognition
Revenues recognized at a point in time$140.1 $91.0 $12.6 $0.4 $244.1 
Revenues recognized over time— 6.6 108.5 5.6 120.7 
$140.1 $97.6 $121.1 $6.0 $364.8 
Nine months ended September 28, 2019
Reportable Segments and All OtherHVACDetection and MeasurementEngineered SolutionsAll OtherTotal
Major product lines
Cooling$194.3 $— $— $— $194.3 
Boilers, comfort heating, and ventilation205.1 — — — 205.1 
Underground locators and inspection and rehabilitation equipment— 144.7 — — 144.7 
Signal monitoring, obstruction lighting, and bus fare collection systems— 139.7 — — 139.7 
Power transformers— — 296.8 — 296.8 
Process cooling equipment and services, and heat exchangers— — 101.3 7.7 109.0 
South African projects (1)
— — — (8.8)(8.8)
$399.4 $284.4 $398.1 $(1.1)$1,080.8 
Timing of Revenue Recognition
Revenues recognized at a point in time$399.4 $266.7 $38.0 $2.0 $706.1 
Revenues recognized over time (1)
— 17.7 360.1 (3.1)374.7 
$399.4 $284.4 $398.1 $(1.1)$1,080.8 

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(1) As further discussed below, during the nine months ended September 28, 2019, we reduced the amount of revenue associated with the large power projects in South Africa by $23.5.
Contract with Customer, Asset and Liability Our contract balances consisted of the following as of September 26, 2020 and December 31, 2019:
Contract BalancesSeptember 26, 2020December 31, 2019Change
Contract Accounts Receivable(1)
$223.2 $260.8 $(37.6)
Contract Assets70.3 63.4 6.9 
Contract Liabilities - current(83.3)(100.8)17.5 
Contract Liabilities - non-current(2)
(4.1)(3.3)(0.8)
Net contract balance$206.1 $220.1 $(14.0)
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(1) Included in “Accounts receivable, net” within the accompanying condensed consolidated balance sheets.
(2) Included in “Other long-term liabilities” within the accompanying condensed consolidated balance sheets.