Contract Assets and Contract Liabilities (Tables)

9 Months Ended

Sep. 30, 2019

Revenue from Contract with Customer [Abstract]

Schedule of Change in Carrying Amount of Contract Assets and Contract Liabilities

The change in the carrying amount of contract assets and contract liabilities for the nine months ended September 30, 2019 is as follows:

In millions	Contract Assets
Balance at beginning of year	$	345.6
Acquisitions	217.4
Recognized in current year	445.1
Reclassified to accounts receivable	(415.7		)
Foreign currency impact	(12.7		)
Balance at September 30, 2019	$	579.7
In millions	Contract Liabilities
Balance at beginning of year	$	444.8
Acquisitions	314.7
Recognized in current year	781.3
Amounts in beginning balance reclassified to revenue	(412.9		)
Current year amounts reclassified to revenue	(270.3		)
Foreign currency impact	(12.3		)
Balance at September 30, 2019	$	845.3