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Revenue (Tables)
6 Months Ended
Jun. 30, 2018
Revenue from Contract with Customer [Abstract]  
Changes in Contract Assets and Contract Liabilities Balances
The following table represents changes in our contract assets and contract liabilities balances:
 
June 30, 2018
 
January 1, 2018
 
Year-to-date Change ($)
 
Year-to-date Change (%)
Contract assets
 
 
 
 
 
 
 
Accounts receivable, net of allowances
$
204.4

 
$
222.7

 
(18.3
)
 
8.2
 %
Unbilled contract revenue
41.2

 
43.5

 
(2.3
)
 
5.3
 %
 
 
 
 
 
 
 
 
Contract liabilities
 
 
 
 
 
 
 
Customer advances and billings in excess of contract revenue
$
108.9

 
$
100.3

 
8.6

 
(8.6
)%
Long-term deferred revenue
2.7

 
2.6

 
0.1

 
(3.8
)%
Disaggregation of Revenue by Product Application
The following table represents a disaggregation of revenue by product application along with the reportable segment for each category:
 
Three Months Ended June 30, 2018
 
Energy & Chemicals
 
Distribution & Storage
 
BioMedical
 
Intersegment Eliminations
 
Consolidated
Natural gas processing (including petrochemical) applications
$
69.0

 
$

 
$

 
$

 
$
69.0

Liquefied natural gas (LNG) applications
7.1

 
35.8

 

 
(0.3
)
 
42.6

Industrial gas applications
3.0

 

 

 

 
3.0

HVAC, power and refining applications
21.7

 

 

 

 
21.7

Bulk industrial gas applications

 
64.9

 

 

 
64.9

Packaged gas industrial applications

 
56.7

 

 

 
56.7

Respiratory therapy

 

 
34.3

 

 
34.3

Cryobiological storage

 

 
20.0

 

 
20.0

On-site generation systems

 

 
7.7

 

 
7.7

Total
$
100.8

 
$
157.4

 
$
62.0

 
$
(0.3
)
 
$
319.9

 
Six Months Ended June 30, 2018
 
Energy & Chemicals
 
Distribution & Storage
 
BioMedical
 
Intersegment Eliminations
 
Consolidated
Natural gas processing (including petrochemical) applications
$
127.7

 
$

 
$

 
$

 
$
127.7

Liquefied natural gas (LNG) applications
16.1

 
70.0

 

 
(1.3
)
 
84.8

Industrial gas applications
6.4

 

 

 

 
6.4

HVAC, power and refining applications
40.5

 

 

 

 
40.5

Bulk industrial gas applications

 
117.9

 

 

 
117.9

Packaged gas industrial applications

 
105.6

 

 

 
105.6

Respiratory therapy

 

 
63.2

 

 
63.2

Cryobiological storage

 

 
39.1

 

 
39.1

On-site generation systems

 

 
14.4

 

 
14.4

Total
$
190.7

 
$
293.5

 
$
116.7

 
$
(1.3
)
 
$
599.6

Disaggregation of Revenue by Timing
The following table represents a disaggregation of revenue by timing of revenue along with the reportable segment for each category:
 
Three Months Ended June 30, 2018
 
Energy & Chemicals
 
Distribution & Storage
 
BioMedical
 
Intersegment Eliminations
 
Consolidated
Point in time
$
23.7

 
$
134.7

 
$
59.4

 
$

 
$
217.8

Over time
77.1

 
22.7

 
2.6

 
(0.3
)
 
102.1

Total
$
100.8

 
$
157.4

 
$
62.0

 
$
(0.3
)
 
$
319.9

 
Six Months Ended June 30, 2018
 
Energy & Chemicals
 
Distribution & Storage
 
BioMedical
 
Intersegment Eliminations
 
Consolidated
Point in time
$
47.6

 
$
255.8

 
$
112.8

 
$

 
$
416.2

Over time
143.1

 
37.7

 
3.9

 
(1.3
)
 
183.4

Total
$
190.7

 
$
293.5

 
$
116.7

 
$
(1.3
)
 
$
599.6