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Revenue (Tables)
3 Months Ended
Mar. 31, 2020
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)
 
2020
 
2019
Fluid Handling
 
 
 
 
Process Valves and Related Products
 
$
157.2

 
$
168.0

Commercial Valves
 
75.9

 
80.8

Pumps and Systems
 
23.6

 
24.9

Total Fluid Handling
 
$
256.7

 
$
273.7

 
 
 
 
 
Payment & Merchandising Technologies
 
 
 
 
Payment Acceptance and Dispensing Products
 
$
166.7

 
$
158.8

Banknotes and Security Products
 
94.2

 
98.6

Merchandising Equipment
 
36.5

 
46.4

Total Payment & Merchandising Technologies
 
$
297.4

 
$
303.8

 
 
 
 
 
Aerospace & Electronics
 
 
 
 
Commercial Original Equipment
 
$
80.6

 
$
90.3

Military and Other Original Equipment
 
60.4

 
51.5

Commercial Aftermarket Products
 
33.9

 
38.2

Military Aftermarket Products
 
18.0

 
14.6

Total Aerospace & Electronics
 
$
192.9

 
$
194.6

 
 
 
 
 
Engineered Materials
 
 
 
 
FRP - Recreational Vehicles
 
$
18.8

 
$
26.6

FRP - Building Products
 
24.9

 
23.6

FRP - Transportation
 
7.2

 
9.4

Total Engineered Materials
 
$
50.9

 
$
59.6

 
 
 
 
 
Total net sales
 
$
797.9

 
$
831.7


Contract with Customer, Asset and Liability

(in millions)
March 31, 2020
 
December 31, 2019
Contract assets
$
66.2

 
$
55.8

Contract liabilities
$
96.4

 
$
88.4