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REVENUE Revenue (Tables)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenue from Contract with Customer [Abstract]    
Disaggregation of Revenue [Table Text Block] The following table represents our revenue disaggregated by end market for the three months ended March 31, 2019 and 2018.
For the Three Months Ended March 31, 2019
Motion Technologies
Industrial Process
Connect & Control Technologies
Eliminations
Total
Automotive and rail
 
$
310.0

 
 
$

 
 
$

 
 
$

 
 
$
310.0

 
Chemical and industrial pumps
 

 
 
161.5

 
 

 
 

 
 
161.5

 
Aerospace and defense
 
2.3

 
 

 
 
99.5

 
 

 
 
101.8

 
Oil and gas
 

 
 
54.2

 
 
8.5

 
 

 
 
62.7

 
General industrial
 
2.9

 
 

 
 
57.0

 
 
(0.4
)
 
 
59.5

 
Total
 
$
315.2

 
 
$
215.7

 
 
$
165.0

 
 
$
(0.4
)
 
 
$
695.5

 
For the Three Months Ended March 31, 2018
Motion Technologies
Industrial Process
Connect & Control Technologies
Eliminations
Total
Automotive and rail
 
$
338.6

 
 
$

 
 
$

 
 
$

 
 
$
338.6

 
Chemical and industrial pumps
 

 
 
141.5

 
 

 
 

 
 
141.5

 
Aerospace and defense
 
1.8

 
 

 
 
87.6

 
 

 
 
89.4

 
Oil and gas
 

 
 
48.3

 
 
9.0

 
 

 
 
57.3

 
General industrial
 
1.8

 
 

 
 
61.3

 
 
(0.6
)
 
 
62.5

 
Total
 
$
342.2

 
 
$
189.8

 
 
$
157.9

 
 
$
(0.6
)
 
 
$
689.3

 
Contract with Customer, Asset and Liability [Table Text Block] The following table represents our net contract assets and liabilities as of March 31, 2019 and December 31, 2018.
 
March 31,
2019
December 31,
2018
Change
Current contract assets
 
$
22.6

 
 
$
21.8

 
 
3.7
 %
 
Non-current contract assets
 
0.7

 
 
0.7

 
 
 %
 
Current contract liabilities
 
(58.9
)
 
 
(61.0
)
 
 
(3.4
)%
 
Net contract liabilities
 
$
(35.6
)
 
 
$
(38.5
)
 
 
(7.5
)%