Revenue (Tables)

12 Months Ended

Dec. 31, 2019

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table presents net sales disaggregated by product line for each segment:

(in millions) December 31,	2019		2018		2017
Fluid Handling
Process Valves and Related Products	$	685.1	$	685.4	$	640.1
Commercial Valves	332.1		325.4		310.1
Pumps and Systems	100.2		91.0		92.3
Total Fluid Handling	$	1,117.4	$	1,101.8	$	1,042.5
Payment & Merchandising Technologies
Payment Acceptance and Dispensing Products	$	608.6	$	594.2	$	575.9
Banknotes and Security Products	352.8		458.2		—
Merchandising Equipment	196.9		204.6		200.8
Total Payment & Merchandising Technologies	$	1,158.3	$	1,257.0	$	776.7
Aerospace & Electronics
Commercial Original Equipment	$	357.2	$	343.4	$	346.1
Military Original Equipment	217.2		195.7		159.0
Commercial Aftermarket Products	161.4		150.5		134.0
Military Aftermarket Products	63.0		53.9		52.3
Total Aerospace & Electronics	$	798.8	$	743.5	$	691.4
Engineered Materials
FRP - Recreational Vehicles	$	84.5	$	119.0	$	150.5
FRP - Building Products	91.9		92.2		95.2
FRP - Transportation	32.2		32.0		29.7
Total Engineered Materials	$	208.6	$	243.2	$	275.4
Total Net Sales	$	3,283.1	$	3,345.5	$	2,786.0

Contract with Customer, Asset and Liability

Net contract assets and contract liabilities consisted of the following:

(in millions) December 31,	2019		2018
Contract assets	$	55.8	$	54.9
Contract liabilities	$	88.4	$	50.8