Nature of Operations and Principles of Consolidation (Tables)

12 Months Ended

Dec. 31, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]

The following table summarizes the cumulative effect of the changes to our consolidated balance sheet as of December 31, 2018 from the adoption of ASC 606:

	Balance at December 31, 2017		Adjustments due to ASC 606			Balance at January 1, 2018
Assets
Inventories, net	$	173.7	$	(10.5	)	$	163.2
Unbilled contract revenue	36.5		6.5			43.0
Prepaid expenses	14.4		(1.6		)	12.8
Liabilities
Accounts payable	$	105.4	$	0.2		$	105.6
Customer advances and billings in excess of contract revenue	109.6		(7.8		)	101.8
Other current liabilities	39.9		0.1			40.0
Long-term deferred tax liabilities	62.1		0.3			62.4
Equity
Retained earnings	$	364.3	$	1.6		$	365.9

The following tables summarize the current period impacts of adopting ASC 606 on our audited consolidated balance sheet and statement of operations:

	December 31, 2018
	As Reported		Balances without adoption of ASC 606		Effect of adoption Higher (Lower)
Assets
Accounts receivable, net of allowances	$	194.8	$	194.7	$	0.1
Inventories, net	233.1		254.1		(21.0		)
Unbilled contract revenue	54.5		46.5		8.0
Other current assets	47.2		47.3		(0.1		)
Liabilities
Customer advances and billings in excess of contract revenue	130.0		149.6		(19.6		)
Other current liabilities	44.7		43.6		1.1
Long-term deferred tax liabilities	76.4		75.1		1.3
Equity
Retained earnings	$	453.9	$	449.7	$	4.2

	Year Ended December 31, 2018
	As Reported		Balances without adoption of ASC 606		Effect of adoption Higher (Lower)
Sales	$	1,084.3	$	1,071.2	$	13.1
Cost of sales	788.4		778.7		9.7
Selling, general and administrative expenses	181.9		182.1		(0.2		)
Income tax expense	13.4		12.3		1.1
Net income from continuing operations attributable to Chart Industries, Inc.	88.0		85.4		2.6
Net income from continuing operations attributable to Chart Industries, Inc. per common share:
Basic	$	1.73	$	1.65	$	0.08
Diluted	$	1.67	$	1.59	$	0.08