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Revenue (Tables)
3 Months Ended
Mar. 31, 2019
Revenue from Contract with Customer [Abstract]  
Revenue from External Customers by Products and Services
The following table presents net sales disaggregated by product line for each segment:
 
Three Months Ended
 
March 31,
(in millions)
2019
 
2018
Fluid Handling
 
 
 
Process Valves and Related Products
$
168.0

 
$
165.0

Commercial Valves
80.8

 
80.5

Other Products
24.9

 
21.1

Total Fluid Handling
$
273.7

 
$
266.6

 
 
 
 
Payment & Merchandising Technologies
 
 
 
Payment Acceptance and Dispensing Products
$
158.8

 
$
145.4

Banknotes and Security Products
98.6

 
99.8

Merchandising Equipment
46.4

 
47.2

Total Payment & Merchandising Technologies
$
303.8

 
$
292.4

 
 
 
 
Aerospace & Electronics
 
 
 
Commercial Original Equipment
$
90.3

 
$
84.7

Military and Other Original Equipment
51.5

 
42.1

Commercial Aftermarket Products
38.2

 
32.6

Military Aftermarket Products
14.6

 
11.0

Total Aerospace & Electronics
$
194.6

 
$
170.4

 
 
 
 
Engineered Materials
 
 
 
FRP - Recreational Vehicles
$
26.6

 
$
37.4

FRP - Building Products
23.6

 
23.8

FRP - Transportation
9.4

 
8.5

Total Engineered Materials
$
59.6

 
$
69.7

 
 
 
 
Total net sales
$
831.7

 
$
799.1

Contract with Customer, Asset and Liability
Net contract assets and contract liabilities consisted of the following:
(in millions)
March 31, 2019
 
December 31, 2018
Contract assets
$
58.9

 
$
54.9

Contract liabilities
$
40.8

 
$
50.8