Cover Page	6 Months Ended
Cover Page	Jun. 30, 2020 shares
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2020
Document Transition Report	false
Entity File Number	001-38265
Entity Registrant Name	nVent Electric plc
Entity Incorporation, State or Country Code	L2
Entity Tax Identification Number	98-1391970
Entity Address, Address Line One	The Mille, 1000 Great West Road, 8th Floor (East)
Entity Address, City or Town	London
Entity Address, Postal Zip Code	TW8 9DW
Entity Address, Country	GB
Country Region	44
City Area Code	20
Local Phone Number	3966-0279
Title of 12(b) Security	Ordinary Shares, nominal value $0.01 per share
Trading Symbol	NVT
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	169,929,586
Entity Central Index Key	0001720635
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Amendment Flag	false

Condensed Consolidated and Combined Statements of Income and Comprehensive Income (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Income Statement [Abstract]
Net sales	$ 447.2	$ 539.5	$ 968.1	$ 1,077.5
Cost of goods sold	286.9	327.3	612.5	655.4
Gross profit	160.3	212.2	355.6	422.1
Selling, general and administrative	104.3	113.1	227.4	233.2
Research and development	10.7	12.1	22.6	24.4
Operating income	45.3	87.0	105.6	164.5
Net interest expense	9.4	11.9	19.3	22.4
Other expense	0.7	1.0	1.5	1.9
Income before income taxes	35.2	74.1	84.8	140.2
Provision for income taxes	9.4	13.2	40.4	22.9
Net income	25.8	60.9	44.4	117.3
Comprehensive income, net of tax
Net income	25.8	60.9	44.4	117.3
Changes in cumulative translation adjustment	6.6	3.2	(16.9)	6.2
Changes in market value of derivative financial instruments, net of tax	(4.8)	12.7	12.2	6.5
Comprehensive income	$ 27.6	$ 76.8	$ 39.7	$ 130.0
Earnings per ordinary share
Basic pro forma earnings per ordinary share (in dollars per share)	$ 0.15	$ 0.36	$ 0.26	$ 0.67
Diluted pro forma earnings per ordinary share (in dollars per share)	$ 0.15	$ 0.35	$ 0.26	$ 0.67
Weighted average ordinary shares outstanding
Basic (shares)	169.9	171.5	169.9	174.0
Diluted (shares)	170.4	173.0	170.7	175.6
Cash dividends paid per ordinary share (in usd per share)	$ 0.175	$ 0.175	$ 0.35	$ 0.35

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Current assets
Cash and cash equivalents	$ 235.0	$ 106.4
Accounts and notes receivable, net of allowances of $6.5 and $5.4, respectively	300.2	334.3
Inventories	247.5	244.7
Other current assets	100.4	113.3
Total current assets	883.1	798.7
Property, plant and equipment, net	276.8	284.5
Other assets
Goodwill	2,297.3	2,279.1
Intangibles, net	1,139.6	1,160.5
Other non-current assets	115.6	117.5
Total other assets	3,552.5	3,557.1
Total assets	4,712.4	4,640.3
Current liabilities
Current maturities of long-term debt and short-term borrowings	20.0	17.5
Accounts payable	134.9	187.1
Employee compensation and benefits	61.5	71.9
Other current liabilities	169.8	185.7
Total current liabilities	386.2	462.2
Other liabilities
Long-term debt	1,187.6	1,047.1
Pension and other post-retirement compensation and benefits	211.0	207.2
Deferred tax liabilities	253.8	237.8
Other non-current liabilities	95.6	93.5
Total liabilities	2,134.2	2,047.8
Equity
Ordinary shares $0.01 par value, 400.0 authorized, 169.9 and 169.5 issued at June 30, 2020 and December 31, 2019, respectively	1.7	1.7
Additional paid-in capital	2,508.3	2,502.7
Retained earnings	171.5	186.7
Accumulated other comprehensive loss	(103.3)	(98.6)
Total equity	2,578.2	2,592.5
Total liabilities and equity	$ 4,712.4	$ 4,640.3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Accounts and notes receivable, allowances	$ 6.5	$ 5.4
Ordinary shares, par value (in dollars per share)	$ 0.01
Ordinary shares authorized (in shares)	400,000,000.0
Ordinary shares issued (in shares)	169,900,000	169,500,000

Condensed Consolidated and Combined Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Operating activities
Net income	$ 44.4	$ 117.3
Adjustments to reconcile net income to net cash provided by (used for) operating activities
Depreciation	19.0	17.2
Amortization	32.0	30.2
Deferred income taxes	26.2	(2.2)
Share-based compensation	6.1	8.4
Changes in assets and liabilities, net of effects of business acquisitions
Accounts and notes receivable	31.9	(7.6)
Inventories	(2.9)	(19.7)
Other current assets	10.0	(7.5)
Accounts payable	(49.3)	(44.0)
Employee compensation and benefits	(9.4)	(11.9)
Other current liabilities	(16.5)	(21.5)
Other non-current assets and liabilities	(1.0)	(0.9)
Net cash provided by (used for) operating activities	90.5	57.8
Investing activities
Capital expenditures	(17.2)	(17.6)
Proceeds from sale of property and equipment	1.4	6.1
Acquisitions, net of cash acquired	(27.0)	0.0
Net cash provided by (used for) investing activities	(42.8)	(11.5)
Financing activities
Net receipts of revolving long-term debt	150.0	119.0
Repayments of long-term debt	(7.5)	(5.0)
Dividends paid	(59.5)	(61.5)
Shares issued to employees, net of shares withheld	2.7	5.2
Repurchases of ordinary shares	(3.2)	(235.7)
Net cash provided by (used for) financing activities	82.5	(178.0)
Effect of exchange rate changes on cash and cash equivalents	(1.6)	(2.0)
Change in cash and cash equivalents	128.6	(133.7)
Cash and cash equivalents, beginning of period	106.4	159.0
Cash and cash equivalents, end of period	$ 235.0	$ 25.3

Condensed Consolidated and Combined Statements of Changes in Equity (Unaudited) - USD ($) shares in Millions, $ in Millions	Total	Ordinary shares	Additional paid-in capital	Retained earnings	Accumulated other comprehensive loss
Beginning balance (in shares) at Dec. 31, 2018		177.2
Beginning balance at Dec. 31, 2018	$ 2,687.1	$ 1.8	$ 2,709.7	$ 83.4	$ (107.8)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	56.4			56.4
Other comprehensive income (loss), net of tax	(3.2)				(3.2)
Dividends declared	(30.6)			(30.6)
Share repurchases (in shares)		(3.0)
Share repurchases	(79.9)	$ (0.1)	(79.8)
Exercise of options, net of shares tendered for payment (in shares)		0.3
Exercise of options, net of shares tendered for payment	$ 3.6		3.6
Issuance of restricted shares, net of cancellations	0.0	0.3
Shares surrendered by employees to pay taxes	$ (2.6)	$ (0.1)	(2.6)
Share-based compensation	4.3		4.3
Ending balance (in shares) at Mar. 31, 2019		174.7
Ending balance at Mar. 31, 2019	2,635.1	$ 1.7	2,635.2	109.2	(111.0)
Beginning balance (in shares) at Dec. 31, 2018		177.2
Beginning balance at Dec. 31, 2018	2,687.1	$ 1.8	2,709.7	83.4	(107.8)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 117.3
Share repurchases (in shares)	(9.0)
Share repurchases	$ (232.7)
Ending balance (in shares) at Jun. 30, 2019		169.1
Ending balance at Jun. 30, 2019	2,537.8	$ 1.7	2,490.7	140.5	(95.1)
Beginning balance (in shares) at Mar. 31, 2019		174.7
Beginning balance at Mar. 31, 2019	2,635.1	$ 1.7	2,635.2	109.2	(111.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	60.9			60.9
Other comprehensive income (loss), net of tax	15.9				15.9
Dividends declared	(29.6)			(29.6)
Share repurchases (in shares)		(5.9)
Share repurchases	(152.8)	$ 0.0	(152.8)
Exercise of options, net of shares tendered for payment (in shares)		0.3
Exercise of options, net of shares tendered for payment	4.8		4.8
Shares surrendered by employees to pay taxes	(0.6)	$ 0.0	(0.6)
Share-based compensation	4.1		4.1
Ending balance (in shares) at Jun. 30, 2019		169.1
Ending balance at Jun. 30, 2019	2,537.8	$ 1.7	2,490.7	140.5	(95.1)
Beginning balance (in shares) at Dec. 31, 2019		169.5
Beginning balance at Dec. 31, 2019	2,592.5	$ 1.7	2,502.7	186.7	(98.6)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	18.6			18.6
Other comprehensive income (loss), net of tax	(6.5)				(6.5)
Dividends declared	(29.8)			(29.8)
Share repurchases (in shares)		(0.2)
Share repurchases	(3.2)	$ 0.0	(3.2)
Exercise of options, net of shares tendered for payment (in shares)		0.3
Exercise of options, net of shares tendered for payment	$ 6.4		6.4
Issuance of restricted shares, net of cancellations	0.0	0.3
Shares surrendered by employees to pay taxes	$ (3.3)	$ (0.1)	(3.3)
Share-based compensation	1.9		1.9
Ending balance (in shares) at Mar. 31, 2020		169.8
Ending balance at Mar. 31, 2020	2,576.6	$ 1.7	2,504.5	175.5	(105.1)
Beginning balance (in shares) at Dec. 31, 2019		169.5
Beginning balance at Dec. 31, 2019	2,592.5	$ 1.7	2,502.7	186.7	(98.6)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 44.4
Share repurchases (in shares)	(0.2)
Share repurchases	$ (3.2)
Ending balance (in shares) at Jun. 30, 2020		169.9
Ending balance at Jun. 30, 2020	2,578.2	$ 1.7	2,508.3	171.5	(103.3)
Beginning balance (in shares) at Mar. 31, 2020		169.8
Beginning balance at Mar. 31, 2020	2,576.6	$ 1.7	2,504.5	175.5	(105.1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	25.8			25.8
Other comprehensive income (loss), net of tax	1.8				1.8
Dividends declared	(29.8)			(29.8)
Exercise of options, net of shares tendered for payment (in shares)		0.0
Exercise of options, net of shares tendered for payment	0.2		0.2
Shares surrendered by employees to pay taxes	(0.6)	$ 0.0	(0.6)
Share-based compensation	4.2		4.2
Ending balance (in shares) at Jun. 30, 2020		169.9
Ending balance at Jun. 30, 2020	$ 2,578.2	$ 1.7	$ 2,508.3	$ 171.5	$ (103.3)

Supplemental Balance Sheet Information

6 Months Ended

Jun. 30, 2020

Disclosure Supplemental Balance Sheet Information [Abstract]

Supplemental Balance Sheet Information


In millions	June 30, 2020		December 31, 2019
Inventories
Raw materials and supplies	$	71.6	$	67.1
Work-in-process	25.8		25.6
Finished goods	150.1		152.0
Total inventories	$	247.5	$	244.7
Other current assets
Contract assets	$	56.1	$	69.4
Prepaid expenses	32.3		32.5
Prepaid income taxes	9.4		9.0
Other current assets	2.6		2.4
Total other current assets	$	100.4	$	113.3
Property, plant and equipment, net
Land and land improvements	$	39.8	$	40.6
Buildings and leasehold improvements	177.3		181.6
Machinery and equipment	450.5		440.4
Construction in progress	17.6		16.5
Total property, plant and equipment	685.2		679.1
Accumulated depreciation and amortization	408.4		394.6
Total property, plant and equipment, net	$	276.8	$	284.5
Other non-current assets



Deferred compensation plan assets	$	16.3	$	17.3
Lease right-of-use assets	47.3		44.2
Deferred tax assets	24.8		40.9
Other non-current assets	27.2		15.1
Total other non-current assets	$	115.6	$	117.5
Other current liabilities

Dividends payable	$	29.7	$	29.7

Accrued rebates	31.5		44.1
Contract liabilities	13.1		13.7
Accrued taxes payable	19.2		24.8
Current lease liabilities	14.4		14.7
Other current liabilities	61.9		58.7
Total other current liabilities	$	169.8	$	185.7
Other non-current liabilities

Income taxes payable	$	34.3	$	31.9

Deferred compensation plan liabilities	16.3		17.3
Non-current lease liabilities	37.1		33.7
Other non-current liabilities	7.9		10.6
Total other non-current liabilities	$	95.6	$	93.5

Supplemental Balance Sheet Information (Tables)

6 Months Ended

Jun. 30, 2020

Disclosure Supplemental Balance Sheet Information [Abstract]

Supplemental Balance Sheet Information


In millions	June 30, 2020		December 31, 2019
Inventories
Raw materials and supplies	$	71.6	$	67.1
Work-in-process	25.8		25.6
Finished goods	150.1		152.0
Total inventories	$	247.5	$	244.7
Other current assets
Contract assets	$	56.1	$	69.4
Prepaid expenses	32.3		32.5
Prepaid income taxes	9.4		9.0
Other current assets	2.6		2.4
Total other current assets	$	100.4	$	113.3
Property, plant and equipment, net
Land and land improvements	$	39.8	$	40.6
Buildings and leasehold improvements	177.3		181.6
Machinery and equipment	450.5		440.4
Construction in progress	17.6		16.5
Total property, plant and equipment	685.2		679.1
Accumulated depreciation and amortization	408.4		394.6
Total property, plant and equipment, net	$	276.8	$	284.5
Other non-current assets



Deferred compensation plan assets	$	16.3	$	17.3
Lease right-of-use assets	47.3		44.2
Deferred tax assets	24.8		40.9
Other non-current assets	27.2		15.1
Total other non-current assets	$	115.6	$	117.5
Other current liabilities

Dividends payable	$	29.7	$	29.7

Accrued rebates	31.5		44.1
Contract liabilities	13.1		13.7
Accrued taxes payable	19.2		24.8
Current lease liabilities	14.4		14.7
Other current liabilities	61.9		58.7
Total other current liabilities	$	169.8	$	185.7
Other non-current liabilities

Income taxes payable	$	34.3	$	31.9

Deferred compensation plan liabilities	16.3		17.3
Non-current lease liabilities	37.1		33.7
Other non-current liabilities	7.9		10.6
Total other non-current liabilities	$	95.6	$	93.5

Supplemental Balance Sheet Information (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Inventories
Raw materials and supplies	$ 71.6	$ 67.1
Work-in-process	25.8	25.6
Finished goods	150.1	152.0
Total inventories	247.5	244.7
Other current assets
Contract assets	56.1	69.4
Prepaid expenses	32.3	32.5
Prepaid income taxes	9.4	9.0
Other current assets	2.6	2.4
Total other current assets	100.4	113.3
Property, plant and equipment, net
Land and land improvements	39.8	40.6
Buildings and leasehold improvements	177.3	181.6
Machinery and equipment	450.5	440.4
Construction in progress	17.6	16.5
Total property, plant and equipment	685.2	679.1
Accumulated depreciation and amortization	408.4	394.6
Total property, plant and equipment, net	276.8	284.5
Other non-current assets
Deferred compensation plan assets	16.3	17.3
Lease right-of-use assets	47.3	44.2
Deferred tax assets	24.8	40.9
Other non-current assets	27.2	15.1
Total other non-current assets	115.6	117.5
Other current liabilities
Dividends payable	29.7	29.7
Accrued rebates	31.5	44.1
Contract liabilities	13.1	13.7
Accrued taxes payable	19.2	24.8
Current lease liabilities	14.4	14.7
Other current liabilities	61.9	58.7
Total other current liabilities	169.8	185.7
Other non-current liabilities
Income taxes payable	34.3	31.9
Deferred compensation plan liabilities	16.3	17.3
Non-current lease liabilities	37.1	33.7
Other non-current liabilities	7.9	10.6
Total other non-current liabilities	$ 95.6	$ 93.5

Basis of Presentation and Responsibility for Interim Financial Statements	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Basis of Presentation and Responsibility for Interim Financial Statements	Basis of Presentation and Responsibility for Interim Financial Statements Business nVent Electric plc ("nVent," "we," "us," "our" or the "Company") is a leading global provider of electrical connection and protection solutions. The Company is comprised of three reporting segments: Enclosures, Thermal Management and Electrical & Fastening Solutions. The Company was incorporated in Ireland on May 30, 2017. Although our jurisdiction of organization is Ireland, we manage our affairs so that we are centrally managed and controlled in the United Kingdom (the "U.K.") and have tax residency in the U.K. Separation from Pentair On April 30, 2018, Pentair plc ("Pentair" or "former Parent") completed the separation of its Water business and its Electrical business into two independent, publicly-traded companies (the "separation"). To effect the separation, Pentair distributed to its shareholders one ordinary share of nVent for every ordinary share of Pentair held as of the record date of April 17, 2018. As a result of the distribution, nVent is an independent publicly-traded company and began "regular way" trading under the symbol "NVT" on the New York Stock Exchange on May 1, 2018. Basis of presentation The accompanying unaudited condensed consolidated financial statements of nVent have been prepared following the requirements of the Securities and Exchange Commission ("SEC") for interim reporting. As permitted under those rules, certain footnotes or other financial information that are normally required by accounting principles generally accepted in the United States of America ("GAAP") can be condensed or omitted. We are responsible for the unaudited condensed consolidated financial statements included in this document. The financial statements include all normal recurring adjustments that are considered necessary for the fair presentation of our financial position and operating results. As these are condensed financial statements, one should also read our consolidated and combined financial statements and notes thereto, which are included in our Annual Report on Form 10-K for the year ended December 31, 2019. Revenues, expenses, cash flows, assets and liabilities can and do vary during each quarter of the year. Additionally, in March 2020, the World Health Organization declared novel coronavirus 2019 (“COVID-19”) a pandemic. The effects of the COVID-19 pandemic have had and may continue to have an unfavorable impact on our business. The broader implication of COVID-19 on our results of operations and overall financial performance remains uncertain. We may experience reduced customer demand or constrained supply that could materially adversely impact our business, financial condition, results of operations and overall financial performance in future periods. Therefore, the results and trends in these interim financial statements may not be indicative of those for a full year. Adoption of new accounting standards In March 2020, the SEC amended Rule 3-10 of Regulation S-X regarding financial disclosure requirements for registered debt offerings involving subsidiaries as either issuers or guarantors. This amended rule narrows the circumstances that require separate financial statements or summarized financial disclosures of subsidiary issuers and guarantors and simplifies the summarized disclosures required in lieu of those statements. As a result of this amended rule, we have included narrative disclosures in lieu of separate financial statements and summarized financial disclosures as amounts presented would not be material because the guarantor and subsidiary issuer do not have material independent assets and operations unrelated to investments in consolidated subsidiaries.

Revenue

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Revenue

Disaggregation of revenue

We disaggregate our revenue from contracts with customers by geographic location and vertical for each of our segments, as we believe these best depict how the nature, amount, timing and uncertainty of our revenue and cash flows are affected by economic factors.

Geographic net sales information, based on geographic destination of the sale, was as follows:


	Three months ended June 30, 2020
In millions	Enclosures		Thermal Management		Electrical & Fastening Solutions		Total
U.S. and Canada	$	140.8	$	51.2	$	100.6	$	292.6
Developed Europe ⁽¹⁾	55.5		24.0		21.4		100.9
Developing ⁽²⁾	19.6		16.4		6.3		42.3
Other Developed ⁽³⁾	3.4		4.2		3.8		11.4
Total	$	219.3	$	95.8	$	132.1	$	447.2


	Six months ended June 30, 2020
In millions	Enclosures		Thermal Management		Electrical & Fastening Solutions		Total
U.S. and Canada	$	314.9	$	121.8	$	203.1	$	639.8
Developed Europe⁽¹⁾	117.4		53.6		48.6		219.6
Developing ⁽²⁾	39.0		33.3		15.0		87.3
Other Developed ⁽³⁾	6.5		7.6		7.3		21.4
Total	$	477.8	$	216.3	$	274.0	$	968.1


	Three months ended June 30, 2019
In millions	Enclosures		Thermal Management		Electrical & Fastening Solutions		Total
U.S. and Canada	$	186.1	$	73.4	$	109.6	$	369.1
Developed Europe ⁽¹⁾	47.5		30.2		28.2		105.9
Developing ⁽²⁾	23.6		21.9		9.5		55.0
Other Developed ⁽³⁾	2.8		3.3		3.4		9.5
Total	$	260.0	$	128.8	$	150.7	$	539.5


	Six months ended June 30, 2019
In millions	Enclosures		Thermal Management		Electrical & Fastening Solutions		Total
U.S. and Canada	$	366.5	$	157.3	$	207.0	$	730.8
Developed Europe⁽¹⁾	98.4		65.3		54.8		218.5
Developing⁽²⁾	45.3		42.9		19.6		107.8
Other Developed⁽³⁾	5.3		8.4		6.7		20.4
Total	$	515.5	$	273.9	$	288.1	$	1,077.5
⁽¹⁾ Developed Europe includes Western Europe and Eastern Europe included in European Union.
⁽²⁾ Developing includes China, Eastern Europe not included in European Union, Latin America, Middle East and Southeast Asia.
⁽³⁾ Other Developed includes Australia and Japan.

Vertical net sales information was as follows:


	Three months ended June 30, 2020
In millions	Enclosures		Thermal Management		Electrical & Fastening Solutions		Total
Industrial	$	133.6	$	35.7	$	25.9	$	195.2
Commercial & Residential	23.7		32.8		72.1		128.6
Energy	18.5		26.1		15.4		60.0
Infrastructure	43.5		1.2		18.7		63.4
Total	$	219.3	$	95.8	$	132.1	$	447.2


	Six months ended June 30, 2020
In millions	Enclosures		Thermal Management		Electrical & Fastening Solutions		Total
Industrial	$	290.1	$	82.2	$	51.9	$	424.2
Commercial & Residential	55.4		72.6		154.2		282.2
Energy	45.3		58.7		30.4		134.4
Infrastructure	87.0		2.8		37.5		127.3
Total	$	477.8	$	216.3	$	274.0	$	968.1


	Three months ended June 30, 2019
In millions	Enclosures		Thermal Management		Electrical & Fastening Solutions		Total
Industrial	$	154.8	$	54.7	$	29.9	$	239.4
Commercial & Residential	26.7		39.9		87.9		154.5
Energy	26.2		31.9		14.7		72.8
Infrastructure	52.3		2.3		18.2		72.8
Total	$	260.0	$	128.8	$	150.7	$	539.5


	Six months ended June 30, 2019
In millions	Enclosures		Thermal Management		Electrical & Fastening Solutions		Total
Industrial	$	309.9	$	113.4	$	56.6	$	479.9
Commercial & Residential	49.3		84.4		167.8		301.5
Energy	52.1		72.0		28.2		152.3
Infrastructure	104.2		4.1		35.5		143.8
Total	$	515.5	$	273.9	$	288.1	$	1,077.5

Contract balances

Contract assets and liabilities consisted of the following:


In millions	June 30, 2020		December 31, 2019		$ Change		% Change
Contract assets	$	56.1	$	69.4	$	(13.3)	(19.2)	%
Contract liabilities	13.1		13.7		(0.6)		(4.4)	%

Net contract assets	$	43.0	$	55.7	$	(12.7)	(22.8)	%

The $12.7 million decrease in net contract assets from December 31, 2019 to June 30, 2020 was primarily the result of timing of milestone payments. The majority of our contract liabilities at December 31, 2019 were recognized in revenue during the six months ended June 30, 2020. There were no material impairment losses recognized on our contract assets for the three months or six months ended June 30, 2020.

Remaining performance obligations

We have elected the practical expedient to disclose only the value of remaining performance obligations for contracts with an original expected length of one year or more. On June 30, 2020, we had $98.5 million of remaining performance obligations on contracts with an original expected duration of one year or more. We expect to recognize the majority of our remaining performance obligations on these contracts within the next 12 to 18 months.

Restructuring

6 Months Ended

Jun. 30, 2020

Restructuring and Related Activities [Abstract]

Restructuring

During the six months ended June 30, 2020 and the year ended December 31, 2019, we initiated and continued execution of certain business restructuring initiatives aimed at reducing our fixed cost structure and realigning our business. Specifically in the first six months of 2020, certain initiatives were executed in response to the decrease in expected demand attributed to the effect of the COVID-19 pandemic and significant decline in oil and gas prices. Restructuring initiatives during the six months ended June 30, 2020 included the reduction in hourly and salaried headcount of approximately 200 employees.

Restructuring related costs included in Selling, general and administrative expense in the Condensed Consolidated Statements of Income and Comprehensive Income included costs for severance and other restructuring costs as follows:


	Three months ended						Six months ended
In millions	June 30, 2020		June 30, 2019		June 30, 2020		June 30, 2019
Severance and related costs	$	2.7	$	0.7	$	6.2	$	3.5
Other	0.3		0.4		1.1		1.2
Total restructuring costs	$	3.0	$	1.1	$	7.3	$	4.7

Other restructuring costs primarily consist of asset impairment and various contract termination costs.

Restructuring costs by reportable segment were as follows:


	Three months ended						Six months ended
In millions	June 30, 2020		June 30, 2019		June 30, 2020		June 30, 2019
Enclosures	$	1.1	$	0.1	$	4.2	$	0.1
Thermal Management	1.5		0.8		2.6		2.8
Electrical & Fastening Solutions	0.1		0.1		0.1		1.0
Other	0.3		0.1		0.4		0.8
Total	$	3.0	$	1.1	$	7.3	$	4.7

Activity related to accrued severance and related costs recorded in Other current liabilities in the Condensed Consolidated Balance Sheets is summarized as follows for the six months ended June 30, 2020:


In millions
Beginning balance	$	9.5

Costs incurred	6.2
Cash payments and other	(6.7)
Ending balance	$	9.0

Earnings Per Share

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Earnings Per Share

Basic and diluted earnings per share were calculated as follows:


	Three months ended						Six months ended
In millions, except per-share data	June 30, 2020		June 30, 2019		June 30, 2020		June 30, 2019
Net income	$	25.8	$	60.9	$	44.4	$	117.3
Weighted average ordinary shares outstanding
Basic	169.9		171.5		169.9		174.0
Dilutive impact of stock options, restricted stock units and performance share units	0.5		1.5		0.8		1.6
Diluted	170.4		173.0		170.7		175.6
Earnings per ordinary share



Basic earnings per ordinary share	$	0.15	$	0.36	$	0.26	$	0.67



Diluted earnings per ordinary share	$	0.15	$	0.35	$	0.26	$	0.67
Anti-dilutive stock options excluded from the calculation of diluted earnings per share	4.5		2.1		3.4		2.0

Acquisitions	6 Months Ended
Acquisitions	Jun. 30, 2020
Business Combinations [Abstract]
Acquisitions	Acquisitions On August 30, 2019, we completed the acquisition of Eldon Holding AB ("Eldon") for $127.8 million, net of cash acquired. Eldon, now part of our Enclosures segment, is an innovative European based manufacturer of enclosures that protect sensitive electrical, electronic and data and telecommunications components. The excess purchase price over tangible net assets and identified intangible assets acquired has been preliminarily allocated to goodwill in the amount of $50.6 million, none of which is expected to be deductible for income tax purposes. Identifiable intangible assets acquired included $46.7 million of definite-lived customer relationships with an estimated useful life of 17 years. The preliminary purchase price allocation is subject to further refinement, primarily related to the impacts associated with income taxes and other accruals. On February 10, 2020, we acquired substantially all of the assets of WBT LLC ("WBT") for $29.9 million in cash. The U.S. based WBT business manufactures high-quality cable tray systems that will be marketed as part of the nVent CADDY product line within our Electrical & Fastening Solutions segment and nVent HOFFMAN product line within our Enclosures segment. The excess purchase price over tangible net assets and identified intangible assets acquired has been preliminarily allocated to goodwill in the amount of $13.8 million, substantially all of which is expected to be deductible for income tax purposes. Identifiable intangible assets acquired included $11.3 million of definite-lived customer relationships with an estimated useful life of 12 years. The pro forma impact of these acquisitions is not material.

Goodwill and Other Identifiable Intangible Assets

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Identifiable Intangible Assets

The changes in the carrying amount of goodwill by reportable segment were as follows:


In millions	December 31, 2019		Acquisitions/ divestitures		Foreign currency translation/other		June 30, 2020
Enclosures	$	315.4	$	5.6	$	0.4	$	321.4
Thermal Management	925.5		—		(1.6)		923.9
Electrical & Fastening Solutions	1,038.2		13.8		—		1,052.0
Total goodwill	$	2,279.1	$	19.4	$	(1.2)	$	2,297.3

Identifiable intangible assets consisted of the following:


	June 30, 2020										December 31, 2019
In millions	Cost		Accumulated amortization		Net		Cost		Accumulated amortization		Net
Definite-life intangibles
Customer relationships	$	1,207.0	$	(356.9)	$	850.1	$	1,197.9	$	(326.1)	$	871.8
Proprietary technology and patents	16.3		(8.1)		8.2		14.8		(7.4)		7.4

Total definite-life intangibles	1,223.3		(365.0)		858.3		1,212.7		(333.5)		879.2
Indefinite-life intangibles
Trade names	281.3		—		281.3		281.3		—		281.3
Total intangibles	$	1,504.6	$	(365.0)	$	1,139.6	$	1,494.0	$	(333.5)	$	1,160.5

Identifiable intangible asset amortization expense was $16.0 million and $15.1 million for the three months ended June 30, 2020 and 2019, respectively and $32.0 million and $30.2 million for the six months ended June 30, 2020 and 2019, respectively.

Estimated future amortization expense for identifiable intangible assets during the remainder of 2020 and the next five years is as follows:


	Q3-Q4
In millions	2020		2021		2022		2023		2024		2025
Estimated amortization expense	$	32.0	$	63.0	$	62.9	$	62.7	$	62.1	$	62.1

Derivatives and Financial Instruments

6 Months Ended

Jun. 30, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives and Financial Instruments

Derivative financial instruments

We are exposed to market risk related to changes in foreign currency exchange rates. To manage the volatility related to this exposure, we periodically enter into a variety of derivative financial instruments. Our objective is to reduce, where it is deemed appropriate to do so, fluctuations in earnings and cash flows associated with changes in foreign currency exchange rates. The derivative contracts contain credit risk to the extent that our bank counterparties may be unable to meet the terms of the agreements. The amount of such credit risk is generally limited to the unrealized gains, if any, in such contracts. Such risk is minimized by limiting those counterparties to major financial institutions of high credit quality.

Foreign currency contracts

We conduct business in various locations throughout the world and are subject to market risk due to changes in the value of foreign currencies in relation to our reporting currency, the U.S. dollar. We manage our economic and transaction exposure to certain market-based risks through the use of foreign currency derivative financial instruments. Our objective in holding these derivatives is to reduce the volatility in net earnings and cash flows associated with changes in foreign currency rates. The majority of our foreign currency contracts have an original maturity date of less than one year.

At June 30, 2020 and December 31, 2019, we had outstanding foreign currency derivative contracts with gross notional U.S. dollar equivalent amounts of $38.4 million and $34.5 million, respectively. The impact of these contracts on the Condensed Consolidated Statements of Income and Comprehensive Income was not material for any period presented.

Cross currency swaps

At both June 30, 2020 and December 31, 2019, we had outstanding cross currency swap agreements with a combined notional amount of $303.5 million. The agreements are accounted for as either cash flow hedges, to hedge foreign currency fluctuations on certain intercompany debt, or as net investment hedges, to manage our exposure to fluctuations in the Euro-U.S. Dollar exchange rate. At June 30, 2020 and December 31, 2019, we had deferred foreign currency gains of $14.1 million and $1.9 million, respectively, in Accumulated other comprehensive loss associated with our cross currency swap activity.

Fair value of financial instruments

The following methods were used to estimate the fair values of each class of financial instruments:

•short-term financial instruments (cash and cash equivalents, accounts and notes receivable, accounts and notes payable and variable-rate debt) — recorded amount approximates fair value because of the short maturity period;

•long-term fixed-rate debt, including current maturities — fair value is based on market quotes available for issuance of debt with similar terms, which are inputs that are classified as Level 2 in the valuation hierarchy defined by the accounting guidance;

•foreign currency contract agreements — fair values are determined through the use of models that consider various assumptions, including time value, yield curves, as well as other relevant economic measures, which are inputs that are classified as Level 2 in the valuation hierarchy defined by the accounting guidance; and

•deferred compensation plan assets (mutual funds, common/collective trusts and cash equivalents for payment of certain non-qualified benefits for retired, terminated and active employees) — fair value of mutual funds and cash equivalents are based on quoted market prices in active markets that are classified as Level 1 in the valuation hierarchy defined by the accounting guidance; fair value of common/collective trusts are valued at net asset value ("NAV"), which is based on the fair value of underlying securities owned by the fund divided by the number of shares outstanding.

The recorded amounts and estimated fair values of total debt, excluding unamortized issuance costs and discounts, were as follows:


	June 30, 2020						December 31, 2019
In millions	Recorded Amount		Fair Value		Recorded Amount		Fair Value
Variable rate debt	$	412.1	$	412.1	$	269.6	$	269.6
Fixed rate debt	800.0		897.6		800.0		863.5
Total debt	$	1,212.1	$	1,309.7	$	1,069.6	$	1,133.1

Financial assets and liabilities measured at fair value on a recurring basis were as follows:


Recurring fair value measurements	June 30, 2020
In millions	Level 1		Level 2		Level 3		NAV		Total
Foreign currency contract liabilities	$	—	$	(0.1)	$	—	$	—	$	(0.1)
Foreign currency contract assets	—		14.6		—		—		14.6
Deferred compensation plan assets	12.0		—		—		4.3		16.3
Total recurring fair value measurements	$	12.0	$	14.5	$	—	$	4.3	$	30.8


Recurring fair value measurements	December 31, 2019
In millions	Level 1		Level 2		Level 3		NAV		Total
Foreign currency contract liabilities	$	—	$	(3.4)	$	—	$	—	$	(3.4)
Foreign currency contract assets	—		7.6		—		—		7.6
Deferred compensation plan assets	12.8		—		—		4.5		17.3
Total recurring fair value measurements	$	12.8	$	4.2	$	—	$	4.5	$	21.5

Debt

6 Months Ended

Jun. 30, 2020

Debt Disclosure [Abstract]

Debt

Debt and the average interest rates on debt outstanding were as follows:


In millions	Average interest rate at June 30, 2020	Maturity Year	June 30, 2020		December 31, 2019
Revolving credit facility	1.559%	2023	$	284.6	$	134.6
Senior notes - fixed rate	3.950%	2023	300.0		300.0
Senior notes - fixed rate	4.550%	2028	500.0		500.0
Term loan facility	1.555%	2023	127.5		135.0

Unamortized debt issuance costs and discounts	N/A	N/A	(4.5)		(5.0)
Total debt			1,207.6		1,064.6
Less: Current maturities and short-term borrowings			(20.0)		(17.5)
Long-term debt			$	1,187.6	$	1,047.1

Senior notes

In March 2018, nVent Finance S.à r.l. (“nVent Finance” or "Subsidiary Issuer"), a 100-percent owned subsidiary of nVent, issued $300.0 million aggregate principal amount of 3.950% senior notes due 2023 (the "2023 Notes") and $500.0 million aggregate principal amount of 4.550% senior notes due 2028 (the "2028 Notes" and, collectively with the 2023 Notes, the "Notes"). Interest on the Notes is payable semi-annually in arrears on April 15 and October 15 of each year.

The Notes constitute general unsecured senior obligations of the Subsidiary Issuer and rank equally in right of payment with all existing and future unsubordinated and unsecured indebtedness and liabilities of the Subsidiary Issuer. The guarantees of the Notes by the Parent Company Guarantor constitute general unsecured obligations of the Parent Company Guarantor and rank equally in right of payment with all existing and future unsubordinated and unsecured indebtedness and liabilities of the Subsidiary Issuer. Subject to certain qualifications and exceptions, the indenture pursuant to which the Notes were issued contains covenants that, among other things, restrict nVent’s, nVent Finance’s and certain subsidiaries’ ability to merge or consolidate with another person, create liens or engage in sale and lease-back transactions.

There are no significant restrictions on the ability of nVent to obtain funds from its subsidiaries by dividend or loan. None of the assets of nVent or its subsidiaries represents restricted net assets pursuant to the guidelines established by the SEC.

Senior credit facilities

In March 2018, nVent Finance entered into a credit agreement with a syndicate of banks providing for a five-year $200.0 million senior unsecured term loan facility (the "Term Loan Facility") and a five-year $600.0 million senior unsecured revolving credit facility (the "Revolving Credit Facility" and, together with the Term Loan Facility, the "Senior Credit Facilities"). We have the option to request to increase the Revolving Credit Facility in an aggregate amount of up to $300.0 million, subject to customary conditions, including the commitment of the participating lenders.

In March 2020, as a proactive measure to maximize our liquidity in response to the effect of the COVID-19 pandemic, we drew down $150.0 million on our Revolving Credit Facility. The proceeds remain available to be used for working capital, general corporate or other purposes. Total availability under the Revolving Credit Facility was $315.4 million as of June 30, 2020.

Our debt agreements contain certain financial covenants, the most restrictive of which are in the Senior Credit Facilities, including that we may not permit (i) the ratio of our consolidated debt (net of our consolidated unrestricted cash in excess of $5.0 million but not to exceed $250.0 million) to our consolidated net income (excluding, among other things, non-cash gains and losses) before interest, taxes, depreciation, amortization and non-cash share-based compensation expense ("EBITDA") on the last day of any period of four consecutive fiscal quarters to exceed 3.75 to 1.00 and (ii) the ratio of our EBITDA to our consolidated interest expense for the same period to be less than 3.00 to 1.00. In addition, subject to certain qualifications and exceptions, the Senior Credit Facilities also contain covenants that, among other things, restrict our ability to create liens, merge or consolidate with another person, make acquisitions and incur subsidiary debt. As of June 30, 2020, we were in compliance with all financial covenants in our debt agreements, and there is no material uncertainty about our ongoing ability to meet those covenants.

Debt outstanding, excluding unamortized issuance costs and discounts, at June 30, 2020 matures on a calendar year basis as follows:


	Q3-Q4
In millions	2020		2021		2022		2023		2024		2025		Thereafter		Total
Contractual debt obligation maturities	$	10.0	$	20.0	$	20.0	$	662.1	$	—	$	—	$	500.0	$	1,212.1

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The effective income tax rate for the six months ended June 30, 2020 was 47.6%, compared to 16.3% for the six months ended June 30, 2019. The liability for uncertain tax positions was $19.4 million and $17.0 million at June 30, 2020 and December 31, 2019, respectively. We record penalties and interest related to unrecognized tax benefits in Provision for income taxes and Net interest expense, respectively, on the Condensed Consolidated Statements of Income and Comprehensive Income, which is consistent with our past practices. Valuation allowances are recorded to reduce the amount of deferred tax assets in jurisdictions where, based on the weight of information available to us, we determine that it is more likely than not the related tax benefits will not be realized. In the six-month period ended June 30, 2020, as a result of the assessment of the available information, we established a valuation allowance of $19.4 million on certain foreign deferred tax assets. On March 27, 2020, the United States enacted the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) in response to the COVID-19 pandemic. The CARES Act contains numerous income tax provisions, such as relaxing limitations on the deductibility of interest and the ability to carryback net operating losses arising in taxable years from 2018 through 2020. The CARES Act provisions provided a permanent cash benefit of $7.5 million, offset by base erosion and anti-abuse tax of $1.1 million related to 2019 that was recorded as a discrete tax item in the first quarter of 2020. In April 2020, the Internal Revenue Service released final regulations as part of the Tax Cuts and Jobs Act of 2017 that place limitations on the deductibility of certain interest expense for U.S. tax purposes retroactively to 2019. These regulations resulted in a discrete tax expense of approximately $4.5 million in the second quarter of 2020.

Shareholders' Equity	6 Months Ended
Shareholders' Equity	Jun. 30, 2020
Equity [Abstract]
Shareholders' Equity	Shareholders' Equity Share repurchases On July 23, 2018, the Board of Directors authorized the repurchase of our ordinary shares up to a maximum dollar limit of $500.0 million (the "2018 Authorization"). On February 19, 2019, the Board of Directors authorized the repurchase of our ordinary shares up to a maximum dollar limit of $380.0 million (the "2019 Authorization"). The 2018 and 2019 Authorizations expire on July 23, 2021. During the six months ended June 30, 2020, we repurchased 0.2 million of our ordinary shares for $3.2 million under the 2018 Authorization. During the six months ended June 30, 2019, we repurchased 9.0 million of our ordinary shares for $232.7 million, respectively, under the 2018 Authorization. As of June 30, 2020, we have $585.1 million available for share repurchases under the combined 2018 and 2019 Authorizations which total $880.0 million. In March 2020, to enhance our liquidity position in response to the COVID-19 pandemic, we elected to temporarily suspend any share repurchases under our existing share repurchase program. In July 2020, we lifted the temporary suspension of share repurchases. The existing program remains authorized by the Board of Directors and we may resume share repurchases in the future at any time, depending upon market conditions, our capital needs and other factors. Dividends payable On May 14, 2020, the Board of Directors declared a quarterly cash dividend of $0.175 per ordinary share payable on August 7, 2020, to shareholders of record at the close of business on July 24, 2020. The balance of dividends payable included in Other current liabilities on our Condensed Consolidated Balance Sheets was $29.7 million at both June 30, 2020 and December 31, 2019.

Segment Information

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Segment Information

We evaluate performance based on net sales and segment income (loss) and use a variety of ratios to measure performance of our reporting segments. These results are not necessarily indicative of the results of operations that would have occurred had each segment been an independent, stand-alone entity during the periods presented. Segment income (loss) represents operating income exclusive of intangible amortization, acquisition related expenses, costs of restructuring activities, impairments and other unusual non-operating items.

Financial information by reportable segment is as follows:


	Three months ended						Six months ended
In millions	June 30, 2020		June 30, 2019		June 30, 2020		June 30, 2019
Net sales
Enclosures	$	219.3	$	260.0	$	477.8	$	515.5
Thermal Management	95.8		128.8		216.3		273.9
Electrical & Fastening Solutions	132.1		150.7		274.0		288.1
Total	$	447.2	$	539.5	$	968.1	$	1,077.5
Segment income (loss)
Enclosures	$	28.2	$	48.2	$	69.1	$	93.8
Thermal Management	14.4		25.3		34.7		59.6
Electrical & Fastening Solutions	34.7		41.6		68.2		72.8
Other	(9.0)		(10.3)		(22.2)		(25.2)
Total	$	68.3	$	104.8	$	149.8	$	201.0

The following table presents a reconciliation of segment income to income before income taxes:


	Three months ended						Six months ended
In millions	June 30, 2020		June 30, 2019		June 30, 2020		June 30, 2019
Segment income	$	68.3	$	104.8	$	149.8	$	201.0
Intangible amortization	(16.0)		(15.1)		(32.0)		(30.2)
Restructuring and other	(6.2)		(2.7)		(10.5)		(6.3)
Acquisition transaction and integration costs	(0.8)		—		(1.7)		—

Net interest expense	(9.4)		(11.9)		(19.3)		(22.4)

Other expense	(0.7)		(1.0)		(1.5)		(1.9)


Income before income taxes	$	35.2	$	74.1	$	84.8	$	140.2

Leases

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Leases

We have operating leases for office space, production facilities, distribution centers, warehouses, sales offices, fleet vehicles and equipment. In accordance with our accounting policy, leases with an initial term of 12 months or less are not recognized on the balance sheet; we recognize lease expense for these leases on a straight-line basis over the lease term. We elected the practical expedient for all leases to include both lease and non-lease components within our lease assets and lease liabilities.

Our lease agreements do not contain any material residual value guarantees, any material bargain purchase options or material restrictive covenants. We have no material sublease arrangements with third parties or lease transactions with related parties.

During the three months ended June 30, 2020 and June 30, 2019, rent expense was $5.0 million and $4.9 million, respectively. During the six months ended June 30, 2020 and June 30, 2019, rent expense was $10.1 million and $9.1 million, respectively. Rent expense figures are primarily related to operating lease costs. Costs associated with short-term leases, variable rent and subleases were immaterial.

Our leases have remaining lease terms of one to ten years, some of which include options to extend the leases for up to five years. Renewal options that are reasonably certain to be exercised are included in the lease term. The incremental borrowing rate is used in determining the present value of lease payments, unless an implicit rate is specified. Incremental borrowing rates on a collateralized basis are determined based on the economic environment in which leases are denominated and the lease term. The weighted average remaining lease term and weighted average discount rate were as follows:


	June 30, 2020		June 30, 2019
Weighted average remaining lease term
Operating leases	5 years		5 years
Weighted average discount rate
Operating leases	3.8	%	4.5	%

Future lease payments under non-cancelable operating leases as of June 30, 2020 were as follows:


In millions
Remainder of 2020	$	8.8
2021	14.3
2022	10.1
2023	6.5
2024	4.8
2025	4.2
Thereafter	9.8
Total lease payments	$	58.5
Less imputed interest	(7.0)
Total reported lease liability	$	51.5

As of June 30, 2020, we have no material additional operating leases that have not yet commenced.

Supplemental cash flow information related to operating leases were as follows:


	Six months ended
In millions	June 30, 2020		June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities	$	9.2	$	8.5
Lease right-of-use assets obtained in exchange for new lease liabilities	6.9		3.6

Supplemental balance sheet information related to operating leases was as follows:


In millions	Classification	June 30, 2020		December 31, 2019
Assets
Lease right-of-use assets	Other non-current assets	$	47.3	$	44.2
Liabilities
Current lease liabilities	Other current liabilities	$	14.4	$	14.7
Non-current lease liabilities	Other non-current liabilities	37.1		33.7
Total lease liabilities		$	51.5	$	48.4

Commitments and Contingencies	6 Months Ended
Commitments and Contingencies	Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Warranties and guarantees In connection with the disposition of our businesses or product lines, we may agree to indemnify purchasers for various potential liabilities relating to the sold business, such as pre-closing tax, product liability, warranty, environmental, or other obligations. The subject matter, amounts and duration of any such indemnification obligations vary for each type of liability indemnified and may vary widely from transaction to transaction. Generally, the maximum obligation under such indemnifications is not explicitly stated and as a result, the overall amount of these obligations cannot be reasonably estimated. Historically, we have not made significant payments for these indemnifications. We believe that if we were to incur a loss in any of these matters, the loss would not have a material effect on our financial position, results of operations or cash flows. We recognize, at the inception of a guarantee, a liability for the fair value of the obligation undertaken in issuing the guarantee. We provide service and warranty policies on our products. Liability under service and warranty policies is based upon a review of historical warranty and service claim experience. Adjustments are made to accruals as claim data and historical experience warrant. Our liability for service and product warranties as of June 30, 2020 and December 31, 2019 was not material. Stand-by letters of credit, bank guarantees and bonds In the ordinary course of business, we are required to commit to bonds, letters of credit and bank guarantees that require payments to our customers for any non-performance. The outstanding face value of these instruments fluctuates with the value of our projects in process and in our backlog. In addition, we issue financial stand-by letters of credit primarily to secure our performance to third parties under self-insurance programs. As of June 30, 2020 and December 31, 2019, the outstanding value of bonds, letters of credit and bank guarantees totaled $69.4 million and $70.0 million, respectively.

Basis of Presentation and Responsibility for Interim Financial Statements (Policies)	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
New accounting standards	Adoption of new accounting standards In March 2020, the SEC amended Rule 3-10 of Regulation S-X regarding financial disclosure requirements for registered debt offerings involving subsidiaries as either issuers or guarantors. This amended rule narrows the circumstances that require separate financial statements or summarized financial disclosures of subsidiary issuers and guarantors and simplifies the summarized disclosures required in lieu of those statements. As a result of this amended rule, we have included narrative disclosures in lieu of separate financial statements and summarized financial disclosures as amounts presented would not be material because the guarantor and subsidiary issuer do not have material independent assets and operations unrelated to investments in consolidated subsidiaries.

Revenue (Tables)

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Revenue by Category

Geographic net sales information, based on geographic destination of the sale, was as follows:


	Three months ended June 30, 2020
In millions	Enclosures		Thermal Management		Electrical & Fastening Solutions		Total
U.S. and Canada	$	140.8	$	51.2	$	100.6	$	292.6
Developed Europe ⁽¹⁾	55.5		24.0		21.4		100.9
Developing ⁽²⁾	19.6		16.4		6.3		42.3
Other Developed ⁽³⁾	3.4		4.2		3.8		11.4
Total	$	219.3	$	95.8	$	132.1	$	447.2


	Six months ended June 30, 2020
In millions	Enclosures		Thermal Management		Electrical & Fastening Solutions		Total
U.S. and Canada	$	314.9	$	121.8	$	203.1	$	639.8
Developed Europe⁽¹⁾	117.4		53.6		48.6		219.6
Developing ⁽²⁾	39.0		33.3		15.0		87.3
Other Developed ⁽³⁾	6.5		7.6		7.3		21.4
Total	$	477.8	$	216.3	$	274.0	$	968.1


	Three months ended June 30, 2019
In millions	Enclosures		Thermal Management		Electrical & Fastening Solutions		Total
U.S. and Canada	$	186.1	$	73.4	$	109.6	$	369.1
Developed Europe ⁽¹⁾	47.5		30.2		28.2		105.9
Developing ⁽²⁾	23.6		21.9		9.5		55.0
Other Developed ⁽³⁾	2.8		3.3		3.4		9.5
Total	$	260.0	$	128.8	$	150.7	$	539.5


	Six months ended June 30, 2019
In millions	Enclosures		Thermal Management		Electrical & Fastening Solutions		Total
U.S. and Canada	$	366.5	$	157.3	$	207.0	$	730.8
Developed Europe⁽¹⁾	98.4		65.3		54.8		218.5
Developing⁽²⁾	45.3		42.9		19.6		107.8
Other Developed⁽³⁾	5.3		8.4		6.7		20.4
Total	$	515.5	$	273.9	$	288.1	$	1,077.5
⁽¹⁾ Developed Europe includes Western Europe and Eastern Europe included in European Union.
⁽²⁾ Developing includes China, Eastern Europe not included in European Union, Latin America, Middle East and Southeast Asia.
⁽³⁾ Other Developed includes Australia and Japan.

Vertical net sales information was as follows:


	Three months ended June 30, 2020
In millions	Enclosures		Thermal Management		Electrical & Fastening Solutions		Total
Industrial	$	133.6	$	35.7	$	25.9	$	195.2
Commercial & Residential	23.7		32.8		72.1		128.6
Energy	18.5		26.1		15.4		60.0
Infrastructure	43.5		1.2		18.7		63.4
Total	$	219.3	$	95.8	$	132.1	$	447.2


	Six months ended June 30, 2020
In millions	Enclosures		Thermal Management		Electrical & Fastening Solutions		Total
Industrial	$	290.1	$	82.2	$	51.9	$	424.2
Commercial & Residential	55.4		72.6		154.2		282.2
Energy	45.3		58.7		30.4		134.4
Infrastructure	87.0		2.8		37.5		127.3
Total	$	477.8	$	216.3	$	274.0	$	968.1


	Three months ended June 30, 2019
In millions	Enclosures		Thermal Management		Electrical & Fastening Solutions		Total
Industrial	$	154.8	$	54.7	$	29.9	$	239.4
Commercial & Residential	26.7		39.9		87.9		154.5
Energy	26.2		31.9		14.7		72.8
Infrastructure	52.3		2.3		18.2		72.8
Total	$	260.0	$	128.8	$	150.7	$	539.5


	Six months ended June 30, 2019
In millions	Enclosures		Thermal Management		Electrical & Fastening Solutions		Total
Industrial	$	309.9	$	113.4	$	56.6	$	479.9
Commercial & Residential	49.3		84.4		167.8		301.5
Energy	52.1		72.0		28.2		152.3
Infrastructure	104.2		4.1		35.5		143.8
Total	$	515.5	$	273.9	$	288.1	$	1,077.5

Contract assets and liabilities

Contract assets and liabilities consisted of the following:


In millions	June 30, 2020		December 31, 2019		$ Change		% Change
Contract assets	$	56.1	$	69.4	$	(13.3)	(19.2)	%
Contract liabilities	13.1		13.7		(0.6)		(4.4)	%

Net contract assets	$	43.0	$	55.7	$	(12.7)	(22.8)	%

Restructuring (Tables)

6 Months Ended

Jun. 30, 2020

Restructuring and Related Activities [Abstract]

Restructuring Related Costs

Restructuring related costs included in Selling, general and administrative expense in the Condensed Consolidated Statements of Income and Comprehensive Income included costs for severance and other restructuring costs as follows:


	Three months ended						Six months ended
In millions	June 30, 2020		June 30, 2019		June 30, 2020		June 30, 2019
Severance and related costs	$	2.7	$	0.7	$	6.2	$	3.5
Other	0.3		0.4		1.1		1.2
Total restructuring costs	$	3.0	$	1.1	$	7.3	$	4.7

Restructuring Costs By Segment

Restructuring costs by reportable segment were as follows:


	Three months ended						Six months ended
In millions	June 30, 2020		June 30, 2019		June 30, 2020		June 30, 2019
Enclosures	$	1.1	$	0.1	$	4.2	$	0.1
Thermal Management	1.5		0.8		2.6		2.8
Electrical & Fastening Solutions	0.1		0.1		0.1		1.0
Other	0.3		0.1		0.4		0.8
Total	$	3.0	$	1.1	$	7.3	$	4.7

Restructuring Accrual Activity Recorded on Consolidated Balance Sheets

Activity related to accrued severance and related costs recorded in Other current liabilities in the Condensed Consolidated Balance Sheets is summarized as follows for the six months ended June 30, 2020:


In millions
Beginning balance	$	9.5

Costs incurred	6.2
Cash payments and other	(6.7)
Ending balance	$	9.0

Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Basic and Diluted Earnings Per Share

Basic and diluted earnings per share were calculated as follows:


	Three months ended						Six months ended
In millions, except per-share data	June 30, 2020		June 30, 2019		June 30, 2020		June 30, 2019
Net income	$	25.8	$	60.9	$	44.4	$	117.3
Weighted average ordinary shares outstanding
Basic	169.9		171.5		169.9		174.0
Dilutive impact of stock options, restricted stock units and performance share units	0.5		1.5		0.8		1.6
Diluted	170.4		173.0		170.7		175.6
Earnings per ordinary share



Basic earnings per ordinary share	$	0.15	$	0.36	$	0.26	$	0.67



Diluted earnings per ordinary share	$	0.15	$	0.35	$	0.26	$	0.67
Anti-dilutive stock options excluded from the calculation of diluted earnings per share	4.5		2.1		3.4		2.0

Goodwill and Other Identifiable Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Carrying Amount of Goodwill by Segment

The changes in the carrying amount of goodwill by reportable segment were as follows:


In millions	December 31, 2019		Acquisitions/ divestitures		Foreign currency translation/other		June 30, 2020
Enclosures	$	315.4	$	5.6	$	0.4	$	321.4
Thermal Management	925.5		—		(1.6)		923.9
Electrical & Fastening Solutions	1,038.2		13.8		—		1,052.0
Total goodwill	$	2,279.1	$	19.4	$	(1.2)	$	2,297.3

Schedule of Finite-Lived Intangible Assets

Identifiable intangible assets consisted of the following:


	June 30, 2020										December 31, 2019
In millions	Cost		Accumulated amortization		Net		Cost		Accumulated amortization		Net
Definite-life intangibles
Customer relationships	$	1,207.0	$	(356.9)	$	850.1	$	1,197.9	$	(326.1)	$	871.8
Proprietary technology and patents	16.3		(8.1)		8.2		14.8		(7.4)		7.4

Total definite-life intangibles	1,223.3		(365.0)		858.3		1,212.7		(333.5)		879.2
Indefinite-life intangibles
Trade names	281.3		—		281.3		281.3		—		281.3
Total intangibles	$	1,504.6	$	(365.0)	$	1,139.6	$	1,494.0	$	(333.5)	$	1,160.5

Schedule of Indefinite-Lived Intangible Assets

Identifiable intangible assets consisted of the following:


	June 30, 2020										December 31, 2019
In millions	Cost		Accumulated amortization		Net		Cost		Accumulated amortization		Net
Definite-life intangibles
Customer relationships	$	1,207.0	$	(356.9)	$	850.1	$	1,197.9	$	(326.1)	$	871.8
Proprietary technology and patents	16.3		(8.1)		8.2		14.8		(7.4)		7.4

Total definite-life intangibles	1,223.3		(365.0)		858.3		1,212.7		(333.5)		879.2
Indefinite-life intangibles
Trade names	281.3		—		281.3		281.3		—		281.3
Total intangibles	$	1,504.6	$	(365.0)	$	1,139.6	$	1,494.0	$	(333.5)	$	1,160.5

Estimated Future Amortization Expense for Identifiable Intangible Assets

Estimated future amortization expense for identifiable intangible assets during the remainder of 2020 and the next five years is as follows:


	Q3-Q4
In millions	2020		2021		2022		2023		2024		2025
Estimated amortization expense	$	32.0	$	63.0	$	62.9	$	62.7	$	62.1	$	62.1

Derivatives and Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Recorded Amounts and Estimated Fair Values of Long-term Debt and Derivative Financial Instruments

The recorded amounts and estimated fair values of total debt, excluding unamortized issuance costs and discounts, were as follows:


	June 30, 2020						December 31, 2019
In millions	Recorded Amount		Fair Value		Recorded Amount		Fair Value
Variable rate debt	$	412.1	$	412.1	$	269.6	$	269.6
Fixed rate debt	800.0		897.6		800.0		863.5
Total debt	$	1,212.1	$	1,309.7	$	1,069.6	$	1,133.1

Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

Financial assets and liabilities measured at fair value on a recurring basis were as follows:


Recurring fair value measurements	June 30, 2020
In millions	Level 1		Level 2		Level 3		NAV		Total
Foreign currency contract liabilities	$	—	$	(0.1)	$	—	$	—	$	(0.1)
Foreign currency contract assets	—		14.6		—		—		14.6
Deferred compensation plan assets	12.0		—		—		4.3		16.3
Total recurring fair value measurements	$	12.0	$	14.5	$	—	$	4.3	$	30.8


Recurring fair value measurements	December 31, 2019
In millions	Level 1		Level 2		Level 3		NAV		Total
Foreign currency contract liabilities	$	—	$	(3.4)	$	—	$	—	$	(3.4)
Foreign currency contract assets	—		7.6		—		—		7.6
Deferred compensation plan assets	12.8		—		—		4.5		17.3
Total recurring fair value measurements	$	12.8	$	4.2	$	—	$	4.5	$	21.5

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
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-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
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-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644

+ Details

Debt (Tables)

6 Months Ended

Jun. 30, 2020

Debt Disclosure [Abstract]

Debt and Average Interest Rates on Debt Outstanding

Debt and the average interest rates on debt outstanding were as follows:


In millions	Average interest rate at June 30, 2020	Maturity Year	June 30, 2020		December 31, 2019
Revolving credit facility	1.559%	2023	$	284.6	$	134.6
Senior notes - fixed rate	3.950%	2023	300.0		300.0
Senior notes - fixed rate	4.550%	2028	500.0		500.0
Term loan facility	1.555%	2023	127.5		135.0

Unamortized debt issuance costs and discounts	N/A	N/A	(4.5)		(5.0)
Total debt			1,207.6		1,064.6
Less: Current maturities and short-term borrowings			(20.0)		(17.5)
Long-term debt			$	1,187.6	$	1,047.1

Debt Outstanding Matures on Calendar Year Basis

Debt outstanding, excluding unamortized issuance costs and discounts, at June 30, 2020 matures on a calendar year basis as follows:


	Q3-Q4
In millions	2020		2021		2022		2023		2024		2025		Thereafter		Total
Contractual debt obligation maturities	$	10.0	$	20.0	$	20.0	$	662.1	$	—	$	—	$	500.0	$	1,212.1

Segment Information (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Financial Information by Reportable Segment

Financial information by reportable segment is as follows:


	Three months ended						Six months ended
In millions	June 30, 2020		June 30, 2019		June 30, 2020		June 30, 2019
Net sales
Enclosures	$	219.3	$	260.0	$	477.8	$	515.5
Thermal Management	95.8		128.8		216.3		273.9
Electrical & Fastening Solutions	132.1		150.7		274.0		288.1
Total	$	447.2	$	539.5	$	968.1	$	1,077.5
Segment income (loss)
Enclosures	$	28.2	$	48.2	$	69.1	$	93.8
Thermal Management	14.4		25.3		34.7		59.6
Electrical & Fastening Solutions	34.7		41.6		68.2		72.8
Other	(9.0)		(10.3)		(22.2)		(25.2)
Total	$	68.3	$	104.8	$	149.8	$	201.0

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The following table presents a reconciliation of segment income to income before income taxes:


	Three months ended						Six months ended
In millions	June 30, 2020		June 30, 2019		June 30, 2020		June 30, 2019
Segment income	$	68.3	$	104.8	$	149.8	$	201.0
Intangible amortization	(16.0)		(15.1)		(32.0)		(30.2)
Restructuring and other	(6.2)		(2.7)		(10.5)		(6.3)
Acquisition transaction and integration costs	(0.8)		—		(1.7)		—

Net interest expense	(9.4)		(11.9)		(19.3)		(22.4)

Other expense	(0.7)		(1.0)		(1.5)		(1.9)


Income before income taxes	$	35.2	$	74.1	$	84.8	$	140.2

Leases (Tables)

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Lease, Cost

The weighted average remaining lease term and weighted average discount rate were as follows:


	June 30, 2020		June 30, 2019
Weighted average remaining lease term
Operating leases	5 years		5 years
Weighted average discount rate
Operating leases	3.8	%	4.5	%

Supplemental cash flow information related to operating leases were as follows:


	Six months ended
In millions	June 30, 2020		June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities	$	9.2	$	8.5
Lease right-of-use assets obtained in exchange for new lease liabilities	6.9		3.6

Future Lease Payments

Future lease payments under non-cancelable operating leases as of June 30, 2020 were as follows:


In millions
Remainder of 2020	$	8.8
2021	14.3
2022	10.1
2023	6.5
2024	4.8
2025	4.2
Thereafter	9.8
Total lease payments	$	58.5
Less imputed interest	(7.0)
Total reported lease liability	$	51.5

Operating Leases, Assets and Liabilities

Supplemental balance sheet information related to operating leases was as follows:


In millions	Classification	June 30, 2020		December 31, 2019
Assets
Lease right-of-use assets	Other non-current assets	$	47.3	$	44.2
Liabilities
Current lease liabilities	Other current liabilities	$	14.4	$	14.7
Non-current lease liabilities	Other non-current liabilities	37.1		33.7
Total lease liabilities		$	51.5	$	48.4

Basis of Presentation and Responsibility for Interim Financial Statements - Separation from Pentair (Details)		6 Months Ended
	Apr. 30, 2018 shares	Jun. 30, 2020 segment
Accounting Policies [Abstract]
Number of reportable segments \| segment		3
Equity interests issued per ordinary predecessor share (in shares) \| shares	1

Revenue - Additional Information (Details) - USD ($)	3 Months Ended	6 Months Ended
Revenue - Additional Information (Details) - USD ($)	Jun. 30, 2020	Jun. 30, 2020
Revenue from Contract with Customer [Abstract]
Net contract assets (liabilities)		$ (12,700,000)
Impairment losses on contract assets	$ 0

Revenue - Performance Obligations (Details) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-04-01 $ in Millions	Jun. 30, 2020 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 98.5
Minimum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, expected timing of satisfaction period	12 months
Maximum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, expected timing of satisfaction period	18 months

Revenue - Schedule of Contract Assets and Liabilities (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Contract assets	$ 56.1	$ 69.4
Contract liabilities	13.1	13.7
Net contract assets	43.0	$ 55.7
$ Change
Contract assets	(13.3)
Contract liabilities	(0.6)
Net contract assets	$ 12.7
% Change
Contract assets	(19.20%)
Contract liabilities	(4.40%)
Net contract assets	(22.80%)

Revenue - Geographic Net Sales Information by Segment (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Disaggregation of Revenue [Line Items]
Net sales	$ 447.2	$ 539.5	$ 968.1	$ 1,077.5
U.S. and Canada
Disaggregation of Revenue [Line Items]
Net sales	292.6	369.1	639.8	730.8
Developed Europe (1)
Disaggregation of Revenue [Line Items]
Net sales	100.9	105.9	219.6	218.5
Developing Countries
Disaggregation of Revenue [Line Items]
Net sales	42.3	55.0	87.3	107.8
Other Developed Countries
Disaggregation of Revenue [Line Items]
Net sales	11.4	9.5	21.4	20.4
Enclosures
Disaggregation of Revenue [Line Items]
Net sales	219.3	260.0	477.8	515.5
Enclosures \| U.S. and Canada
Disaggregation of Revenue [Line Items]
Net sales	140.8	186.1	314.9	366.5
Enclosures \| Developed Europe (1)
Disaggregation of Revenue [Line Items]
Net sales	55.5	47.5	117.4	98.4
Enclosures \| Developing Countries
Disaggregation of Revenue [Line Items]
Net sales	19.6	23.6	39.0	45.3
Enclosures \| Other Developed Countries
Disaggregation of Revenue [Line Items]
Net sales	3.4	2.8	6.5	5.3
Thermal Management
Disaggregation of Revenue [Line Items]
Net sales	95.8	128.8	216.3	273.9
Thermal Management \| U.S. and Canada
Disaggregation of Revenue [Line Items]
Net sales	51.2	73.4	121.8	157.3
Thermal Management \| Developed Europe (1)
Disaggregation of Revenue [Line Items]
Net sales	24.0	30.2	53.6	65.3
Thermal Management \| Developing Countries
Disaggregation of Revenue [Line Items]
Net sales	16.4	21.9	33.3	42.9
Thermal Management \| Other Developed Countries
Disaggregation of Revenue [Line Items]
Net sales	4.2	3.3	7.6	8.4
Electrical & Fastening Solutions
Disaggregation of Revenue [Line Items]
Net sales	132.1	150.7	274.0	288.1
Electrical & Fastening Solutions \| U.S. and Canada
Disaggregation of Revenue [Line Items]
Net sales	100.6	109.6	203.1	207.0
Electrical & Fastening Solutions \| Developed Europe (1)
Disaggregation of Revenue [Line Items]
Net sales	21.4	28.2	48.6	54.8
Electrical & Fastening Solutions \| Developing Countries
Disaggregation of Revenue [Line Items]
Net sales	6.3	9.5	15.0	19.6
Electrical & Fastening Solutions \| Other Developed Countries
Disaggregation of Revenue [Line Items]
Net sales	$ 3.8	$ 3.4	$ 7.3	$ 6.7

Revenue - Vertical Sales by Segment (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Disaggregation of Revenue [Line Items]
Net sales	$ 447.2	$ 539.5	$ 968.1	$ 1,077.5
Enclosures
Disaggregation of Revenue [Line Items]
Net sales	219.3	260.0	477.8	515.5
Thermal Management
Disaggregation of Revenue [Line Items]
Net sales	95.8	128.8	216.3	273.9
Electrical & Fastening Solutions
Disaggregation of Revenue [Line Items]
Net sales	132.1	150.7	274.0	288.1
Industrial
Disaggregation of Revenue [Line Items]
Net sales	195.2	239.4	424.2	479.9
Industrial \| Enclosures
Disaggregation of Revenue [Line Items]
Net sales	133.6	154.8	290.1	309.9
Industrial \| Thermal Management
Disaggregation of Revenue [Line Items]
Net sales	35.7	54.7	82.2	113.4
Industrial \| Electrical & Fastening Solutions
Disaggregation of Revenue [Line Items]
Net sales	25.9	29.9	51.9	56.6
Commercial & Residential
Disaggregation of Revenue [Line Items]
Net sales	128.6	154.5	282.2	301.5
Commercial & Residential \| Enclosures
Disaggregation of Revenue [Line Items]
Net sales	23.7	26.7	55.4	49.3
Commercial & Residential \| Thermal Management
Disaggregation of Revenue [Line Items]
Net sales	32.8	39.9	72.6	84.4
Commercial & Residential \| Electrical & Fastening Solutions
Disaggregation of Revenue [Line Items]
Net sales	72.1	87.9	154.2	167.8
Energy
Disaggregation of Revenue [Line Items]
Net sales	60.0	72.8	134.4	152.3
Energy \| Enclosures
Disaggregation of Revenue [Line Items]
Net sales	18.5	26.2	45.3	52.1
Energy \| Thermal Management
Disaggregation of Revenue [Line Items]
Net sales	26.1	31.9	58.7	72.0
Energy \| Electrical & Fastening Solutions
Disaggregation of Revenue [Line Items]
Net sales	15.4	14.7	30.4	28.2
Infrastructure
Disaggregation of Revenue [Line Items]
Net sales	63.4	72.8	127.3	143.8
Infrastructure \| Enclosures
Disaggregation of Revenue [Line Items]
Net sales	43.5	52.3	87.0	104.2
Infrastructure \| Thermal Management
Disaggregation of Revenue [Line Items]
Net sales	1.2	2.3	2.8	4.1
Infrastructure \| Electrical & Fastening Solutions
Disaggregation of Revenue [Line Items]
Net sales	18.7	18.2	37.5	35.5
Developed Europe (1)
Disaggregation of Revenue [Line Items]
Net sales	100.9	105.9	219.6	218.5
Developed Europe (1) \| Enclosures
Disaggregation of Revenue [Line Items]
Net sales	55.5	47.5	117.4	98.4
Developed Europe (1) \| Thermal Management
Disaggregation of Revenue [Line Items]
Net sales	24.0	30.2	53.6	65.3
Developed Europe (1) \| Electrical & Fastening Solutions
Disaggregation of Revenue [Line Items]
Net sales	21.4	28.2	48.6	54.8
Developing Countries
Disaggregation of Revenue [Line Items]
Net sales	42.3	55.0	87.3	107.8
Developing Countries \| Enclosures
Disaggregation of Revenue [Line Items]
Net sales	19.6	23.6	39.0	45.3
Developing Countries \| Thermal Management
Disaggregation of Revenue [Line Items]
Net sales	16.4	21.9	33.3	42.9
Developing Countries \| Electrical & Fastening Solutions
Disaggregation of Revenue [Line Items]
Net sales	6.3	9.5	15.0	19.6
Other Developed Countries
Disaggregation of Revenue [Line Items]
Net sales	11.4	9.5	21.4	20.4
Other Developed Countries \| Enclosures
Disaggregation of Revenue [Line Items]
Net sales	3.4	2.8	6.5	5.3
Other Developed Countries \| Thermal Management
Disaggregation of Revenue [Line Items]
Net sales	4.2	3.3	7.6	8.4
Other Developed Countries \| Electrical & Fastening Solutions
Disaggregation of Revenue [Line Items]
Net sales	3.8	3.4	7.3	6.7
U.S. and Canada
Disaggregation of Revenue [Line Items]
Net sales	292.6	369.1	639.8	730.8
U.S. and Canada \| Enclosures
Disaggregation of Revenue [Line Items]
Net sales	140.8	186.1	314.9	366.5
U.S. and Canada \| Thermal Management
Disaggregation of Revenue [Line Items]
Net sales	51.2	73.4	121.8	157.3
U.S. and Canada \| Electrical & Fastening Solutions
Disaggregation of Revenue [Line Items]
Net sales	$ 100.6	$ 109.6	$ 203.1	$ 207.0

Restructuring - Costs Included in Selling, General & Administrative Expenses (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020 USD ($)	Jun. 30, 2019 USD ($)	Jun. 30, 2020 USD ($) employee	Jun. 30, 2019 USD ($)
Restructuring and Related Activities [Abstract]
Number of employees \| employee			200
Restructuring Cost and Reserve [Line Items]
Restructuring costs	$ 3.0	$ 1.1	$ 7.3	$ 4.7
Severance and related costs
Restructuring Cost and Reserve [Line Items]
Restructuring costs	2.7	0.7	6.2	3.5
Other
Restructuring Cost and Reserve [Line Items]
Restructuring costs	$ 0.3	$ 0.4	$ 1.1	$ 1.2

Restructuring - Costs by Reportable Segment (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Restructuring Cost and Reserve [Line Items]
Total restructuring costs	$ 3.0	$ 1.1	$ 7.3	$ 4.7
Enclosures
Restructuring Cost and Reserve [Line Items]
Total restructuring costs	1.1	0.1	4.2	0.1
Thermal Management
Restructuring Cost and Reserve [Line Items]
Total restructuring costs	1.5	0.8	2.6	2.8
Electrical & Fastening Solutions
Restructuring Cost and Reserve [Line Items]
Total restructuring costs	0.1	0.1	0.1	1.0
Other
Restructuring Cost and Reserve [Line Items]
Total restructuring costs	$ 0.3	$ 0.1	$ 0.4	$ 0.8

Restructuring - Accrual Activity (Details) $ in Millions	6 Months Ended
Restructuring - Accrual Activity (Details) $ in Millions	Jun. 30, 2020 USD ($)
Restructuring Reserve [Roll Forward]
Beginning balance	$ 9.5
Costs incurred	6.2
Cash payments and other	(6.7)
Ending balance	$ 9.0

Earnings Per Share - Additional Information (Details)	Apr. 30, 2018 shares
Subsequent Events [Abstract]
Equity interests issued per ordinary predecessor share (in shares)	1

Earnings Per Share - Schedule of Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2020	Jun. 30, 2019
Earnings Per Share [Abstract]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$ 25.8	$ 18.6	$ 60.9	$ 56.4	$ 44.4	$ 117.3
Weighted average common shares outstanding
Basic (shares)	169.9		171.5		169.9	174.0
Dilutive impact of stock options, restricted stock units and performance share units	0.5		1.5		0.8	1.6
Diluted (shares)	170.4		173.0		170.7	175.6
Earnings per ordinary share
Basic pro forma earnings per ordinary share (in dollars per share)	$ 0.15		$ 0.36		$ 0.26	$ 0.67
Diluted pro forma earnings per ordinary share (in dollars per share)	$ 0.15		$ 0.35		$ 0.26	$ 0.67
Anti-dilutive stock options excluded from the calculation of diluted earnings per share	4.5		2.1		3.4	2.0

Acquisitions (Details) - USD ($) $ in Millions			6 Months Ended
Acquisitions (Details) - USD ($) $ in Millions	Feb. 10, 2020	Aug. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Business Acquisition [Line Items]
Consideration transferred, net of cash acquired			$ 27.0	$ 0.0
Eldon Holding AB
Business Acquisition [Line Items]
Consideration transferred, net of cash acquired		$ 127.8
Goodwill			$ 50.6
WBT
Business Acquisition [Line Items]
Goodwill	$ 13.8
Definite-lived customer relationships	$ 11.3
Estimated useful life of intangible asset (in years)	12 years
Payments to acquire businesses, gross	$ 29.9
Customer relationships \| Eldon Holding AB
Business Acquisition [Line Items]
Definite-lived customer relationships		$ 46.7
Estimated useful life of intangible asset (in years)		17 years

Goodwill and Other Identifiable Intangible Assets - Changes in Carrying Amount of Goodwill by Segment (Details) $ in Millions	6 Months Ended
	Jun. 30, 2020 USD ($)
Goodwill [Roll Forward]
Beginning Balance	$ 2,279.1
Acquisitions/divestitures	19.4
Foreign currency translation/other	(1.2)
Ending Balance	2,297.3
Enclosures
Goodwill [Roll Forward]
Beginning Balance	315.4
Acquisitions/divestitures	5.6
Foreign currency translation/other	0.4
Ending Balance	321.4
Thermal Management
Goodwill [Roll Forward]
Beginning Balance	925.5
Acquisitions/divestitures	0.0
Foreign currency translation/other	(1.6)
Ending Balance	923.9
Electrical & Fastening Solutions
Goodwill [Roll Forward]
Beginning Balance	1,038.2
Acquisitions/divestitures	13.8
Foreign currency translation/other	0.0
Ending Balance	$ 1,052.0

Goodwill and Other Identifiable Intangible Assets - Definite-life Intangible Assets (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets, Net [Abstract]
Cost	$ 1,223.3	$ 1,212.7
Accumulated amortization	(365.0)	(333.5)
Net	858.3	879.2
Customer relationships
Finite-Lived Intangible Assets, Net [Abstract]
Cost	1,207.0	1,197.9
Accumulated amortization	(356.9)	(326.1)
Net	850.1	871.8
Proprietary technology and patents
Finite-Lived Intangible Assets, Net [Abstract]
Cost	16.3	14.8
Accumulated amortization	(8.1)	(7.4)
Net	$ 8.2	$ 7.4

Goodwill and Other Identifiable Intangible Assets - Indefinite-life Intangible Assets (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Indefinite-lived Intangible Assets [Line Items]
Amortization	$ 16.0	$ 15.1	$ 32.0	$ 30.2
Cost	1,504.6		1,504.6		$ 1,494.0
Accumulated amortization	(365.0)		(365.0)		(333.5)
Net	1,139.6		1,139.6		1,160.5
Trade names
Indefinite-lived Intangible Assets [Line Items]
Indefinite-life intangibles	$ 281.3		$ 281.3		$ 281.3

Goodwill and Other Identifiable Intangible Assets - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Acquisitions, net of cash acquired			$ 27.0	$ 0.0
Amortization	$ 16.0	$ 15.1	$ 32.0	$ 30.2

Goodwill and Other Identifiable Intangible Assets - Estimated Future Amortization Expense for Identifiable Intangible Assets (Details) $ in Millions	Jun. 30, 2020 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Q2-Q4 2019	$ 32.0
2020	63.0
2021	62.9
2022	62.7
2023	62.1
2024	$ 62.1

Derivatives and Financial Instruments - Additional Information (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Derivative [Line Items]
Derivative instruments in hedges, net	$ 14.1	$ 1.9
Foreign Exchange Contract
Derivative [Line Items]
Derivative, Notional Amount	38.4	34.5
Currency Swap
Derivative [Line Items]
Derivative, Notional Amount	$ 303.5	$ 303.5

Derivatives and Financial Instruments - Recorded Amounts and Estimated Fair Values (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Derivative [Line Items]
Total	$ 1,212.1
Recorded Amount
Derivative [Line Items]
Variable rate debt	412.1	$ 269.6
Fixed rate debt	800.0	800.0
Total	1,212.1	1,069.6
Fair Value
Derivative [Line Items]
Variable rate debt	412.1	269.6
Fixed rate debt	897.6	863.5
Total	$ 1,309.7	$ 1,133.1

Derivatives and Financial Instruments - Assets and Liabilities Measured at Fair Value (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation plan assets	$ 16.3	$ 17.3
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency contract liabilities	(0.1)	(3.4)
Foreign currency contract assets	14.6	7.6
Deferred compensation plan assets	16.3	17.3
Total recurring fair value measurements	30.8	21.5
Recurring \| Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency contract liabilities	0.0	0.0
Foreign currency contract assets	0.0	0.0
Deferred compensation plan assets	12.0	12.8
Total recurring fair value measurements	12.0	12.8
Recurring \| Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency contract liabilities	(0.1)	(3.4)
Foreign currency contract assets	14.6	7.6
Deferred compensation plan assets	0.0	0.0
Total recurring fair value measurements	14.5	4.2
Recurring \| Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency contract liabilities	0.0	0.0
Foreign currency contract assets	0.0	0.0
Deferred compensation plan assets	0.0	0.0
Total recurring fair value measurements	0.0	0.0
Recurring \| NAV
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency contract liabilities	0.0	0.0
Foreign currency contract assets	0.0	0.0
Deferred compensation plan assets	4.3	4.5
Total recurring fair value measurements	$ 4.3	$ 4.5

Debt - Schedule of Debt (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Long-term debt, gross	$ 1,212.1
Unamortized debt issuance costs and discounts	(4.5)	$ (5.0)
Total debt	1,207.6	1,064.6
Less: Current maturities and short-term borrowings	(20.0)	(17.5)
Long-term debt	$ 1,187.6	1,047.1
Senior Notes [Member] \| Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Average interest rate at June 30, 2020	1.559%
Long-term debt, gross	$ 284.6	134.6
Senior Notes [Member] \| Term Loan Facility
Debt Instrument [Line Items]
Average interest rate at June 30, 2020	1.555%
Long-term debt, gross	$ 127.5	135.0
Senior Notes [Member] \| Senior Notes, Due 2023
Debt Instrument [Line Items]
Average interest rate at June 30, 2020	3.95%
Long-term debt, gross	$ 300.0	300.0
Senior Notes [Member] \| Senior Notes, Due 2028
Debt Instrument [Line Items]
Average interest rate at June 30, 2020	4.55%
Long-term debt, gross	$ 500.0	$ 500.0

Debt - Senior Notes (Details) - Senior Notes [Member]	Jun. 30, 2020 USD ($)
Senior Notes, Due 2023
Debt Instrument [Line Items]
Debt face amount	$ 300,000,000.0
Average interest rate	3.95%
Senior Notes, Due 2028
Debt Instrument [Line Items]
Debt face amount	$ 500,000,000.0
Average interest rate	4.55%

Debt - Senior Credit Facilities (Details)	1 Months Ended		6 Months Ended
Debt - Senior Credit Facilities (Details)	Mar. 31, 2020 USD ($)	Mar. 31, 2018	Jun. 30, 2020 USD ($)	Dec. 31, 2019 USD ($)
Debt Instrument [Line Items]
Long-term Debt, Gross			$ 1,212,100,000
Senior Notes [Member] \| Senior Credit Facilities
Debt Instrument [Line Items]
Leverage ratio covenant			3.75
Leverage ratio covenant period			12 months
EBITDA ratio covenant			3.00
Senior Notes [Member] \| Senior Credit Facilities \| Minimum
Debt Instrument [Line Items]
Debt covenant, consolidated unrestricted cash			$ 5,000,000.0
Senior Notes [Member] \| Senior Credit Facilities \| Maximum
Debt Instrument [Line Items]
Debt covenant, consolidated unrestricted cash			250,000,000.0
Senior Notes [Member] \| Term Loan Facility
Debt Instrument [Line Items]
Debt term		5 years
Maximum borrowing capacity			200,000,000.0
Long-term Debt, Gross			127,500,000	$ 135,000,000.0
Senior Notes [Member] \| Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Debt term		5 years
Maximum borrowing capacity			600,000,000.0
Line of credit increase limit			300,000,000.0
Long-term Debt, Gross			284,600,000	$ 134,600,000
Proceeds from lines of credit	$ 150,000,000.0
Line of credit facility, remaining borrowing capacity			$ 315,400,000

Debt - Schedule of Contracutal Debt Maturities (Details) $ in Millions	Jun. 30, 2020 USD ($)
Debt Disclosure [Abstract]
Q2-Q4 2019	$ 10.0
2020	20.0
2021	20.0
2022	662.1
2023	0.0
2024	0.0
Thereafter	500.0
Total	$ 1,212.1

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Jun. 30, 2020	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Effective income tax rate		47.60%	16.30%
Total gross liability for unrecognized tax benefits	$ 19.4	$ 19.4		$ 17.0
Deferred tax assets, valuation allowance	19.4	$ 19.4
Tax cuts and jobs act, income tax expense (benefit)	$ 4.5

Shareholders' Equity (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended			6 Months Ended
	Mar. 31, 2020	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Feb. 19, 2019	Jul. 23, 2018
Equity [Abstract]
Repurchase of shares of our common stock up to a maximum aggregate value							$ 380.0	$ 500.0
Stock Repurchased During Period, Shares				0.2	9.0
Stock Repurchased During Period, Value	$ (3.2)	$ (152.8)	$ (79.9)	$ (3.2)	$ (232.7)
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased				585.1
Stock Repurchase Program, Number of Shares Authorized to be Repurchased				880.0
Dividends payable (in dollars per share)							$ 0.175
Dividends payable				$ 29.7		$ 29.7

Segment Information - Financial Information by Reportable Segment (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Segment Reporting Information [Line Items]
Net sales	$ 447.2	$ 539.5	$ 968.1	$ 1,077.5
Segment income	45.3	87.0	105.6	164.5
Enclosures
Segment Reporting Information [Line Items]
Net sales	219.3	260.0	477.8	515.5
Segment income	28.2	48.2	69.1	93.8
Thermal Management
Segment Reporting Information [Line Items]
Net sales	95.8	128.8	216.3	273.9
Segment income	14.4	25.3	34.7	59.6
Electrical & Fastening Solutions
Segment Reporting Information [Line Items]
Net sales	132.1	150.7	274.0	288.1
Segment income	34.7	41.6	68.2	72.8
Other
Segment Reporting Information [Line Items]
Segment income	(9.0)	(10.3)	(22.2)	(25.2)
Operating Segments
Segment Reporting Information [Line Items]
Segment income	$ 68.3	$ 104.8	$ 149.8	$ 201.0

Segment Information - Reconciliation of Operating Profit (Losee) from Segments to Consolidated (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment income	$ 45.3	$ 87.0	$ 105.6	$ 164.5
Intangible amortization	(16.0)	(15.1)	(32.0)	(30.2)
Restructuring and other	(3.0)	(1.1)	(7.3)	(4.7)
Net interest expense	(9.4)	(11.9)	(19.3)	(22.4)
Other expense	(0.7)	(1.0)	(1.5)	(1.9)
Income before income taxes	35.2	74.1	84.8	140.2
Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment income	68.3	104.8	149.8	201.0
Segment Reconciling Items
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Intangible amortization	(16.0)	(15.1)	(32.0)	(30.2)
Restructuring and other	(6.2)	(2.7)	(10.5)	(6.3)
Acquisition transaction and integration costs	(0.8)	0.0	(1.7)	0.0
Net interest expense	(9.4)	(11.9)	(19.3)	(22.4)
Other expense	$ (0.7)	$ (1.0)	$ (1.5)	$ (1.9)

Leases (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Leases (Details) - USD ($) $ in Millions	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Leases [Abstract]
Term of lease contract (in months)	12 months		12 months
Rent expense	$ 5.0	$ 4.9	$ 10.1	$ 9.1
Leases not yet commenced	no

Leases - Weighted Average Term and Discount Rate (Details)	Jun. 30, 2020	Jun. 30, 2019
Leases [Abstract]
Weighted average remaining lease term, operating leases	5 years	5 years
Weighted average discount rate, operating leases	3.80%	4.50%

Leases - Future Lease Payments, Topic 842 (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Operating Lease, After Adoption of 842
Remainder of 2020	$ 8.8
2021	14.3
2021	10.1
2023	6.5
2024	4.8
2025	4.2
Thereafter	9.8
Total lease payments	58.5
Less imputed interest	(7.0)
Total reported lease liability	$ 51.5	$ 48.4

Leases - Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2020
Leases [Abstract]
Cash paid for amounts included in the measurement of lease liabilities	$ 8.5	$ 9.2
Lease right-of-use assets obtained in exchange for new lease liabilities	$ 3.6	$ 6.9

Leases - Supplemental Balance Sheet Information (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Leases [Abstract]
Lease right-of-use assets	$ 47.3	$ 44.2
Current lease liabilities	14.4	14.7
Non-current lease liabilities	37.1	33.7
Total lease liabilities	$ 51.5	$ 48.4

Commitments and Contingencies (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Liability for services and product warranties	$ 0.0	$ 0.0
Stand-by Letters of Credit, Bank Guarantees and Bonds
Guarantor Obligations [Line Items]
Obligations outstanding	$ 69.4	$ 70.0