Revenue (Tables)

12 Months Ended

Dec. 31, 2022

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,	2022		2021		2020
Aerospace & Electronics
Commercial Original Equipment	$	250.5	$	229.4	$	226.4
Military Original Equipment	231.2		239.7		258.7
Commercial Aftermarket Products	129.3		104.5		93.0
Military Aftermarket Products	56.3		64.7		72.6
Total Aerospace & Electronics	$	667.3	$	638.3	$	650.7
Process Flow Technologies
Process Valves and Related Products	$	749.8	$	717.1	$	631.6
Commercial Valves	232.2		374.2		286.3
Pumps and Systems	127.4		105.3		87.9
Total Process Flow Technologies	$	1,109.4	$	1,196.6	$	1,005.8
Payment & Merchandising Technologies
Payment Acceptance and Dispensing Products	$	874.3	$	805.7	$	670.8
Banknotes and Security Products	465.6		539.4		434.0
Total Payment & Merchandising Technologies	$	1,339.9	$	1,345.1	$	1,104.8
Engineered Materials
FRP- Recreational Vehicles	$	111.9	$	102.5	$	68.9
FRP- Building Products	112.5		94.9		83.1
FRP- Transportation	33.9		30.6		23.6
Total Engineered Materials	$	258.3	$	228.0	$	175.6
Total Net Sales	$	3,374.9	$	3,408.0	$	2,936.9

Contract with Customer, Asset and Liability

Net contract assets and contract liabilities consisted of the following:

(in millions) December 31,	2022		2021
Contract assets	$	88.6	$	73.0
Contract liabilities	$	142.9	$	101.1