Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2020

Revenue Recognition

Schedule of disaggregation of revenue

	Year ended December 31, 2020
			(in millions)
Distribution Channel	Americas		Europe		APMEA		Consolidated
Wholesale	$	580.3	$	279.0	$	52.8	$	912.1
OEM		75.9		143.3		3.1		222.3
Specialty		288.5		—		2.1		290.6
DIY		81.0		2.6		—		83.6
Total	$	1,025.7	$	424.9	$	58.0	$	1,508.6
	Year ended December 31, 2020
			(in millions)
Principal Product Line	Americas		Europe		APMEA		Consolidated
Residential & Commercial Flow Control	$	584.6	$	157.8	$	44.1	$	786.5
HVAC and Gas Products		263.9		184.0		11.7		459.6
Drainage and Water Re-use Products		75.8		79.4		1.1		156.3
Water Quality Products		101.4		3.7		1.1		106.2
Total	$	1,025.7	$	424.9	$	58.0	$	1,508.6

	Year ended December 31, 2019
			(in millions)
Distribution Channel	Americas		Europe		APMEA		Consolidated
Wholesale	$	609.5	$	305.0	$	59.2	$	973.7
OEM		83.5		143.2		1.9		228.6
Specialty		326.8		—		4.3		331.1
DIY		64.3		2.8		—		67.1
Total	$	1,084.1	$	451.0	$	65.4	$	1,600.5

	Year ended December 31, 2019
			(in millions)
Principal Product Line	Americas		Europe		APMEA		Consolidated
Residential & Commercial Flow Control	$	610.5	$	171.3	$	45.7	$	827.5
HVAC and Gas Products		294.6		188.2		15.2		498.0
Drainage and Water Re-use Products		80.2		88.8		3.4		172.4
Water Quality Products		98.8		2.7		1.1		102.6
Total	$	1,084.1	$	451.0	$	65.4	$	1,600.5

Schedule of contract assets and contract liabilities

	Contract		Contract		Contract
	Assets		Liabilities - Current		Liabilities - Noncurrent
			(in millions)
Balance - January 1, 2020	$	0.4	$	11.5	$	2.9
Change in period		(0.1)		0.2		(0.1)
Balance - March 29, 2020	$	0.3	$	11.7	$	2.8
Change in period		—		—		(0.1)
Balance - June 28, 2020	$	0.3	$	11.7	$	2.7
Change in period		(0.3)		1.1		—
Balance - September 27, 2020	$	—	$	12.8	$	2.7
Change in period		—		0.7		(0.2)
Balance - December 31, 2020	$	—	$	13.5	$	2.5
Balance - January 1, 2019	$	1.0	$	11.3	$	2.7
Change in period		(0.7)		0.1		—
Balance - March 31, 2019	$	0.3	$	11.4	$	2.7
Change in period		(0.2)		0.7		0.1
Balance - June 30, 2019	$	0.1	$	12.1	$	2.8
Change in period		—		(0.3)		0.2
Balance - September 29, 2019	$	0.1	$	11.8	$	3.0
Change in period		0.3		(0.3)		(0.1)
Balance - December 31, 2019	$	0.4	$	11.5	$	2.9