Revenue (Tables)

9 Months Ended

Sep. 30, 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				Nine Months Ended
	September 30,				September 30,
(in millions)	2019		2018		2019		2018
Fluid Handling
Process Valves and Related Products	$	163.3	$	168.7	$	513.7	$	509.0
Commercial Valves	88.8		86.2		253.2		245.9
Other Products	24.0		23.8		73.5		67.2
Total Fluid Handling	$	276.1	$	278.7	$	840.4	$	822.1
Payment & Merchandising Technologies
Payment Acceptance and Dispensing Products	$	144.3	$	144.9	$	457.0	$	445.7
Banknotes and Security Products	51.9		126.7		239.0		348.1
Merchandising Equipment	52.7		55.8		147.7		150.4
Total Payment & Merchandising Technologies	$	248.9	$	327.4	$	843.7	$	944.2
Aerospace & Electronics
Commercial Original Equipment	$	85.9	$	85.2	$	267.6	$	256.0
Military and Other Original Equipment	55.4		51.5		162.3		142.2
Commercial Aftermarket Products	41.8		38.8		121.4		109.0
Military Aftermarket Products	14.1		14.0		45.0		39.8
Total Aerospace & Electronics	$	197.2	$	189.5	$	596.3	$	547.0
Engineered Materials
FRP - Recreational Vehicles	$	19.7	$	28.4	$	68.4	$	96.9
FRP - Building Products	22.8		23.5		70.5		70.7
FRP - Transportation	7.6		8.3		26.3		24.9
Total Engineered Materials	$	50.1	$	60.2	$	165.2	$	192.5
Total net sales	$	772.3	$	855.8	$	2,445.6	$	2,505.8

Contract with Customer, Asset and Liability

Net contract assets and contract liabilities consisted of the following:

(in millions)	September 30, 2019		December 31, 2018
Contract assets	$	49.8	$	54.9
Contract liabilities	$	42.1	$	50.8