Ingersoll Rand (IR) 10-Q 29 Oct 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Oct. 24, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	GARDNER DENVER HOLDINGS, INC.
Entity Central Index Key	1,699,150
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Ex Transition Period	false
Entity Common Stock, Shares Outstanding		198,762,737
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) [Abstract]
Revenues	$ 689.3	$ 649.6	$ 1,977.1	$ 1,710.4
Cost of sales	426.9	395.7	1,233.6	1,066
Gross Profit	262.4	253.9	743.5	644.4
Selling and administrative expenses	107.7	111	330.4	338.9
Amortization of intangible assets	31	29.5	93.4	87.6
Other operating expense, net	6	17.4	10.8	186.7
Operating Income	117.7	96	308.9	31.2
Interest expense	24.4	30.1	76.5	115.4
Loss on extinguishment of debt	0.9	34.1	1	84.5
Other income, net	(2.4)	(0.6)	(6.7)	(2.4)
Income (Loss) Before Income Taxes	94.8	32.4	238.1	(166.3)
Provision (benefit) for income taxes	22.6	4.4	63.2	(41.2)
Net Income (Loss)	72.2	28	174.9	(125.1)
Less: Net income attributable to noncontrolling interests	0	0	0	0.1
Net Income (Loss) Attributable to Gardner Denver Holdings, Inc.	$ 72.2	$ 28	$ 174.9	$ (125.2)
Basic income (loss) per share (in dollars per share)	$ 0.36	$ 0.14	$ 0.87	$ (0.71)
Diluted income (loss) per share (in dollars per share)	$ 0.35	$ 0.13	$ 0.83	$ (0.71)

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018		Sep. 30, 2017
Comprehensive Income (Loss) Attributable to Gardner Denver Holdings, Inc.
Net income (loss) attributable to Gardner Denver Holdings, Inc.	$ 72.2	$ 28	$ 174.9		$ (125.2)
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments, net	(21.9)	41.5	(70)		131.4
Foreign currency gains (losses), net	3.6	(14.8)	18.7		(44.3)
Unrecognized gains on cash flow hedges, net	4.4	4	20.5		5.5
Pension and other postretirement prior service cost and gain or loss, net	0.9	(0.6)	3.9		(1.9)
Total other comprehensive (loss) income, net of tax	(13)	30.1	(26.9)	[1]	90.7	[1]
Comprehensive income (loss) attributable to Gardner Denver Holdings, Inc.	59.2	58.1	148		(34.5)
Comprehensive Income Attributable to Noncontrolling Interests
Net income attributable to noncontrolling interests	0	0	0		0.1
Other comprehensive income, net of tax:
Foreign currency translation adjustments, net	0	0	0		0
Total other comprehensive income, net of tax	0	0	0		0
Comprehensive income attributable to noncontrolling interests	0	0	0		0.1
Total Comprehensive Income (Loss)	$ 59.2	$ 58.1	$ 148		$ (34.4)
[1]	All amounts are net of tax. Amounts in parentheses indicate debits.

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 269	$ 393.3
Accounts receivable, net of allowance for doubtful accounts of $19.1 and $18.7, respectively	525	536.3
Inventories	550.1	494.5
Other current assets	63.4	39.5
Total current assets	1,407.5	1,463.6
Property, plant and equipment, net of accumulated depreciation of $238.7 and $203.8, respectively	346.9	363.2
Goodwill	1,268.4	1,227.6
Other intangible assets, net	1,356.8	1,431.2
Deferred tax assets	1.1	1
Other assets	135.7	134.6
Total assets	4,516.4	4,621.2
Current liabilities:
Short-term borrowings and current maturities of long-term debt	7.9	20.9
Accounts payable	320	269.7
Accrued liabilities	258.9	271.2
Total current liabilities	586.8	561.8
Long-term debt, less current maturities	1,747.4	2,019.3
Pensions and other postretirement benefits	90.5	99.8
Deferred income taxes	279.3	237.5
Other liabilities	189	226
Total liabilities	2,893	3,144.4
Commitments and contingencies (Note 14)
Stockholders' equity:
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 200,876,956 and 198,377,237 shares issued at September 30, 2018 and December 31, 2017, respectively	2	2
Capital in excess of par value	2,280.8	2,275.4
Accumulated deficit	(403.2)	(577.8)
Accumulated other comprehensive loss	(226.4)	(199.8)
Treasury stock at cost; 1,937,480 and 2,159,266 shares at September 30, 2018 and December 31, 2017, respectively	(29.8)	(23)
Total stockholders' equity	1,623.4	1,476.8
Total liabilities and stockholders' equity	$ 4,516.4	$ 4,621.2

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Current assets:
Accounts receivable, allowance for doubtful accounts	$ 19.1	$ 18.7
Property, plant and equipment, accumulated depreciation	$ 238.7	$ 203.8
Stockholders' equity:
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	1,000,000,000	1,000,000,000
Common stock, shares issued (in shares)	200,876,956	198,377,237
Treasury stock (in shares)	1,937,480	2,159,266

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($) shares in Millions, $ in Millions	Common Stock [Member]	Capital in Excess of Par Value [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Loss [Member]		Treasury Stock [Member]	Total
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative-effect adjustment upon adoption of new accounting standard (ASU 2017-12) | ASU 2017-12 [Member]			$ (0.3)	$ 0.3	[1]
Balance at beginning of period at Dec. 31, 2017	$ 2	$ 2,275.4	(577.8)	(199.8)		$ (23)	$ 1,476.8
Balance at beginning of period (in shares) at Dec. 31, 2017	198.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation		9
Exercise of stock options	$ 0	6.3
Exercise of stock options (in shares)	0.8
Purchases of treasury stock						(11.1)
Share repurchase program						(5.6)
Issuance of common stock/treasury stock for stock-based compensation plans	$ 0	(9.9)				9.9
Issuance of common stock for stock-based compensation plans (in shares)	1.7
Net income attributable to Gardner Denver Holdings, Inc.			174.9				174.9
Foreign currency translation adjustments, net				(70)			(70)
Foreign currency gains, net				18.7			18.7
Unrecognized gains on cash flow hedges, net				20.5			20.5
Pension and other postretirement prior service cost and gain or loss, net				3.9			3.9
Balance at end of period at Sep. 30, 2018	$ 2	$ 2,280.8	$ (403.2)	$ (226.4)		$ (29.8)	$ 1,623.4
Balance at end of period (in shares) at Sep. 30, 2018	200.9
[1]	All amounts are net of tax. Amounts in parentheses indicate debits.

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash Flows From Operating Activities:
Net income (loss)	$ 174.9	$ (125.1)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Amortization of intangible assets	93.4	87.6
Depreciation in cost of sales	33.9	33.2
Depreciation in selling and administrative expenses	7.3	6.1
Stock-based compensation expense	6.1	166
Foreign currency transaction (gains) losses, net	(0.6)	6.3
Net (gain) loss on asset dispositions	(1.1)	2
Loss on extinguishment of debt	1	84.5
Deferred income taxes	27.5	(68.1)
Changes in assets and liabilities:
Receivables	10.5	(65.9)
Inventories	(44.7)	(36.4)
Accounts payable	57.2	39.8
Accrued liabilities	(34.1)	(19.8)
Other assets and liabilities, net	(33)	(26.3)
Net cash provided by operating activities	298.3	83.9
Cash Flows From Investing Activities:
Capital expenditures	(32.1)	(36.4)
Net cash paid in business combinations	(113.6)	(18.8)
Proceeds from the termination of derivatives	0	6.2
Disposals of property, plant and equipment	3.1	5.9
Net cash used in investing activities	(142.6)	(43.1)
Cash Flows From Financing Activities:
Principal payments on long-term debt	(262.4)	(2,872.2)
Premium paid on extinguishment of senior notes	0	(29.7)
Proceeds from long-term debt	0	2,010.7
Proceeds from the issuance of common stock, net of share issuance costs	0	893.3
Purchase of treasury stock	(16.7)	(2.6)
Proceeds from stock option exercises	6.3	0
Purchase of shares from noncontrolling interests	0	(5.2)
Payments of debt issuance costs	0	(2.9)
Other	0	0.4
Net cash used in financing activities	(272.8)	(8.2)
Effect of exchange rate changes on cash and cash equivalents	(7.2)	14.6
Net (decrease) increase in cash and cash equivalents	(124.3)	47.2
Cash and cash equivalents, beginning of period	393.3	255.8
Cash and cash equivalents, end of period	269	303
Supplemental Cash Flow Information
Cash paid for income taxes	80.8	47.4
Cash paid for interest	75.2	118.1
Capital expenditures in accounts payable	4.1	3
Expenditures directly related to our initial public offering in accounts payable	$ 0	$ 0.2

Condensed Consolidated Financia

Condensed Consolidated Financial Statements	9 Months Ended
	Sep. 30, 2018
Condensed Consolidated Financial Statements [Abstract]
Condensed Consolidated Financial Statements	Note 1. Condensed Consolidated Financial Statements Basis of Presentation Gardner Denver Holdings, Inc. is a holding company whose operating subsidiaries are Gardner Denver, Inc. (“GDI”) and certain of GDI’s subsidiaries. GDI is a diversified, global manufacturer of highly engineered, application-critical flow control products and provider of related aftermarket parts and services. The accompanying condensed consolidated financial statements include the accounts of Gardner Denver Holdings, Inc. and its majority-owned subsidiaries (collectively referred to herein as “Gardner Denver” or the “Company”). The financial information presented as of any date other than December 31, 2017 has been prepared from the books and records of the Company without audit. The accompanying condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, the condensed consolidated financial statements include all adjustments, consisting of adjustments associated with acquisition accounting and normal recurring adjustments, necessary for the fair presentation of such financial statements. All intercompany transactions and accounts have been eliminated in consolidation. The Company’s unaudited interim condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2017, filed with the Securities and Exchange Commission (“SEC”). The results of operations for the interim periods ended September 30, 2018 are not necessarily indicative of the results to be expected for the full year. The balance sheet as of December 31, 2017 has been derived from the Company’s audited financial statements as of that date but does not include all of the information and notes required by GAAP for complete financial statements. In May 2017, the Company sold a total of 47,495,000 shares of common stock in an initial public offering of shares of common stock. On November 15, 2017 and May 2, 2018, the Company completed secondary offerings of 25,300,000 shares and 30,533,478 shares respectively, of common stock held by affiliates of Kohlberg Kravis Roberts & Co. L.P. (“KKR”). As a result of the May 2018 secondary offering, the Company is no longer considered a “controlled company” within the meaning of the corporate governance standards of the New York Stock Exchange (“NYSE”). KKR currently owns 90,721,409 shares of common stock, or approximately 46% of the total outstanding common stock based on the number of shares outstanding as of September 30, 2018. Prior Year Reclassification In the first quarter of fiscal year 2018, the Company adopted the provisions of ASU 2017-07, Compensation – Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost Adopted Accounting Standard Updates Adopted Accounting Standard Updates (“ASU”) ASU 2014-09, Revenue from Contracts with Customers (Topic 606) On January 1, 2018, the Company adopted Financial Accounting Standards Board (“FASB”) ASU 2014-09, Revenue from Contracts with Customers (Topic 606) In conjunction with the adoption of ASC 606, the Company updated its significant accounting policy related to revenue recognition disclosed in Note 1 “Summary of Significant Accounting Policies” of the Consolidated Financial Statements in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2017. An overview of the Company’s revenue recognition policy under ASC 606 is included in Note 12 “Revenue from Contracts with Customers.” Results for the three month and nine month periods ended September 30, 2018 are presented under ASC 606. Prior periods are not adjusted and will continue to be reported in accordance with ASC 605 Revenue Recognition The following table summarizes the impacts of adopting ASC 606 on the Company’s Condensed Consolidated Statements of Operations for the three month period ended September 30, 2018. Condensed Consolidated Statements of Operations As Reported Adjustments Balance Without Adoption of ASC 606 Revenues $ 689.3 $ (8.7 ) $ 680.6 Cost of sales 426.9 (5.4 ) 421.5 Provision (benefit) for income taxes 22.6 (0.8 ) 21.8 Net Income (Loss) 72.2 (2.5 ) 69.7 The following table summarizes the impacts of adopting ASC 606 on the Company’s Condensed Consolidated Statements of Operations for the nine month period ended September 30, 2018. Condensed Consolidated Statements of Operations As Reported Adjustments Balance Without Adoption of ASC 606 Revenues $ 1,977.1 $ (18.1 ) $ 1,959.0 Cost of sales 1,233.6 (11.2 ) 1,222.4 Provision (benefit) for income taxes 63.2 (1.8 ) 61.4 Net Income (Loss) 174.9 (5.1 ) 169.8 The following table summarizes the impacts of adopting ASC 606 on the Company’s Condensed Consolidated Balance Sheets as of September 30, 2018. Condensed Consolidated Balance Sheets As Reported Adjustments Balance Without Adoption of ASC 606 Assets Inventories $ 550.1 $ 11.2 $ 561.3 Other current assets (1) 63.4 (11.2 ) 52.2 Liabilities and Stockholders' Equity Accrued liabilities 258.9 5.1 264.0 Accumulated deficit (403.2 ) (5.1 ) (408.3 ) (1) Adjustment represents “Contract asset.” See Note 12 “Revenue from Contracts with Customers” for an explanation of the Contract assets account included in “Other current assets” in the Condensed Consolidated Balance Sheets. ASU 2017-07 Compensation – Retirement Benefits (Topic 715) – Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost The Company adopted FASB ASU 2017-07 on January 1, 2018, the adoption date. The Company applied ASU 2017-07 retrospectively for the presentation of the service cost component and the other components of net periodic benefit cost in the income statement and prospectively for the capitalization of the service cost component of net periodic benefit cost in assets. ASU 2017-07 allows the Company to use the amounts disclosed in its pension and other postretirement benefit plan note for the prior comparative periods as the estimation basis for applying the retrospective presentation requirements. Applying the practical expedient, the Company reclassified $0.1 million and $0.2 million of expenses from “Selling and administrative expenses” to “Other income, net” within the Condensed Consolidated Statements of Operations for the three month and nine month periods ended September 30, 2017. ASU 2017-12 Derivatives and Hedging (Topic 815) – Targeted Improvements to Accounting for Hedging Activities The Company early adopted FASB ASU 2017-12, Derivatives and Hedging (Topic 815) – Targeted Improvements to Accounting for Hedging Activities Recently Issued Accounting Pronouncements In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) The Company established an implementation team and selected a third party lease accounting software solution which will serve as a central repository of active leases and assist in the compliance with the new reporting requirements. The implementation team has been reassessing business processes, drafting an internal policy to address the new standard, extracting lease data for inclusion in the new lease software, determining a process to identify and update the Company’s incremental borrowing rate and understanding the impact on disclosures. The team is also determining which practical expedients to elect. The Company is still finalizing its evaluation of the impact of the new lease standard on its condensed consolidated financial statements and expects to record right of use assets and lease liabilities for its operating leases on its condensed consolidated balance sheets. The Company will adopt the new standard utilizing the optional transition method. In March 2018, the FASB issued ASU 2018-02, Income Statement – Reporting Comprehensive Income (Topic 220) In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement In August 2018, the FASB issued ASU 2018-14, Disclosure Framework – Changes to the Disclosure Requirements for Defined Benefit Plans In August 2018, the FASB issued ASU 2018-15, Intangibles – Goodwill and Other – Internal-Use Software (Subtopic 350-40); Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract.

Business Combinations

Business Combinations	9 Months Ended
	Sep. 30, 2018
Business Combinations [Abstract]
Business Combinations	Note 2. Business Combinations Acquisition of PMI Pump Parts On May 29, 2018, the Company acquired PMI Pump Parts (“PMI”), a leading manufacturer of plungers and other well service pump consumable products. The Company acquired all of the assets and assumed certain liabilities of PMI for total consideration of $21.0 million, which consisted of payments to shareholders of $16.5 million, the retirement of PMI third-party debt at closing of $2.2 million, $0.1 million of other debt-like items, a $2.0 million promissory note and a $0.2 million holdback. The promissory note and holdback are each expected to be paid by the end of the second quarter of 2019 and recorded in “Accrued liabilities.” The revenues and operating income of PMI are included in the Company’s condensed consolidated financial statements from the acquisition date and are included in the Energy segment. Goodwill resulting from this acquisition is deductible for tax purposes. Acquisition of Runtech Systems Oy On February 8, 2018, the Company acquired 100% of the stock of Runtech Systems Oy (“Runtech”) a leading global manufacturer of turbo vacuum technology systems and optimization solutions for industrial applications. The Company acquired all of the assets and assumed certain liabilities of Runtech for total cash consideration of $94.9 million, net of cash acquired. The revenues and operating income of Runtech are included in the Company’s consolidated financial statements from the acquisition date and are included in the Industrials segment. The preliminary purchase price allocation resulted in the recording of $63.6 million of goodwill and $31.3 million of amortizable intangible assets as of the acquisition date. None of the goodwill resulting from this acquisition is deductible for tax purposes. Acquisition of LeROI Compressors On June 5, 2017, the Company acquired 100% of the stock of LeROI Compressors (“LeROI”), a leading North American manufacturer of gas compression equipment and solutions for vapor recovery, biogas and other process and industrial applications. The Company acquired all of the assets and assumed certain liabilities of LeROI for total cash consideration of $20.4 million, net of cash acquired. Included in the cash consideration is an indemnity holdback of $1.9 million recorded in “Accrued liabilities” and expected to be paid by the end of 2021. The revenues and operating income of LeROI are included in the Company’s condensed consolidated financial statements from the acquisition date and are included in the Industrials segment. None of the goodwill resulting from this acquisition is deductible for tax purposes. Acquisition of the Non-Controlling Interest in Tamrotor Kompressorit Oy On March 3, 2017, the Company acquired the remaining 49% non-controlling interest of Tamrotor Kompressorit Oy (“Tamrotor”), a distributor of the Company’s Industrials segment air compression products. The Company acquired the remaining interest in Tamrotor for total cash consideration of $5.2 million, consisting entirely of payments to the former shareholders. Included in the cash consideration was a holdback of $0.5 million that was paid in the third quarter of 2017. This transaction resulted in an increase to “Capital in excess of par value” of $2.3 million and an increase to “Accumulated other comprehensive loss” of $1.5 million in the Condensed Consolidated Balance Sheets. Acquisition Revenues and Operating Income The following table summarizes the revenue and operating income of these acquisitions for the periods presented subsequent to their date of acquisition. Three Month Periods Ended September 30, Nine Month Periods Ended September 30, 2018 2017 2018 2017 Revenue $ 25.3 $ 5.9 $ 63.1 $ 7.9 Operating income 2.0 0.5 3.2 0.6 Pro forma information regarding these acquisitions have not been provided as they did not have a material impact on the Company’s consolidated results of operations individually or in the aggregate.

Restructuring

Restructuring	9 Months Ended
	Sep. 30, 2018
Restructuring [Abstract]
Restructuring	Note 3. Restructuring Restructuring Programs 2014 to 2016 The Company announced a restructuring program in the Industrials segment in the third quarter of 2014 and that program was revised and expanded during the second quarter of 2016. In 2016, the Company also announced restructuring programs impacting the Energy and Medical segments. These restructuring programs were substantially completed as of December 31, 2017. Through December 31, 2017, $48.0 million had been charged to expense through “Other operating expense, net” in the Condensed Consolidated Statements of Operations ($38.5 million for Industrials, $6.3 million for Energy and $3.2 million for Medical). The Company does not anticipate any material future expense related to these restructuring programs and any remaining liabilities will be paid as contractually obligated. The activity associated with these restructuring programs for the nine month period ended September 30, 2018 was not material. The following table summarizes the activity associated with these restructuring programs for the nine month period ended September 30, 2017. Balance as of December 31, 2016 $ 20.9 Charged to expense - termination benefits 1.9 Charged to expense - other 3.0 Payments (17.3 ) Other, net 1.0 Balance as of September 30, 2017 $ 9.5 As of September 30, 2018, restructuring reserves of $1.7 million related to these programs were included in “Accrued liabilities” and restructuring reserves of $0.2 million are included in “Other liabilities” in the Condensed Consolidated Balance Sheets. As of December 31, 2017, restructuring reserves of $6.5 million related to these programs were included in “Accrued liabilities” and restructuring reserves of $0.2 million were included in “Other liabilities” in the Condensed Consolidated Balance Sheets. Restructuring Program 2018 The Company announced a restructuring program primarily involving workforce reductions in the third quarter of 2018. In the three month period ended September 30, 2018, $5.4 million was charged to expense through “Other operating expense, net” in the Condensed Consolidated Statements of Operations ($3.7 million for Industrials and $1.7 million for Energy). The Company expects further expense charges in the fourth quarter of 2018 related to these programs impacting the Industrials, Energy and Medical segments. The following table summarizes the activity associated with this restructuring program for the nine month period ended September 30, 2018. Balance as of December 31, 2017 $ - Charged to expense - termination benefits 4.9 Charged to expense - other 0.5 Payments (1.0 ) Other, net - Balance as of September 30, 2018 $ 4.4 As of September 30, 2018, restructuring reserves of $4.4 million are included in “Accrued liabilities” in the Condensed Consolidated Balance Sheets.

Inventories

Inventories	9 Months Ended
	Sep. 30, 2018
Inventories [Abstract]
Inventories	Note 4. Inventories Inventories as of September 30, 2018 and December 31, 2017 consisted of the following. September 30, 2018 December 31, 2017 Raw materials, including parts and subassemblies $ 368.1 $ 362.6 Work-in-process 84.6 57.9 Finished goods 84.0 60.6 536.7 481.1 Excess of LIFO costs over FIFO costs 13.4 13.4 Inventories $ 550.1 $ 494.5

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	9 Months Ended
	Sep. 30, 2018
Goodwill and Other Intangible Assets [Abstract]
Goodwill and Other Intangible Assets	Note 5. Goodwill and Other Intangible Assets The changes in the carrying amount of goodwill attributable to each reportable segment for the nine month period ended September 30, 2018 is presented in the table below. Industrials Energy Medical Total Balance as of December 31, 2017 $ 561.6 $ 460.2 $ 205.8 $ 1,227.6 Acquisition 63.6 8.7 - 72.3 Foreign currency translation and other (1) (16.7 ) (12.4 ) (2.4 ) (31.5 ) Balance as of September 30, 2018 $ 608.5 $ 456.5 $ 203.4 $ 1,268.4 (1) During the nine month period ended September 30, 2018, the Company recorded a decrease in goodwill of $0.2 million as a result of measurement period adjustments in the Industrials segment. On May 29, 2018, the Company acquired PMI Pump Parts which is included in the Energy segment. The excess of the purchase price over the estimated fair values of intangible assets, identifiable assets and assumed liabilities was recorded as goodwill. As of September 30, 2018, the preliminary purchase price allocation resulted in a total of $8.7 million of goodwill. The allocation of the purchase price is preliminary and subject to refinement based on final fair values of the identified assets acquired and liabilities assumed. On February 8, 2018, the Company acquired Runtech which is included in the Industrials segment. The excess of the purchase price over the estimated fair values of intangible assets, identifiable assets and assumed liabilities was recorded as goodwill. As of September 30, 2018, the preliminary purchase price allocation resulted in a total of $63.6 million of goodwill. The allocation of the purchase price is preliminary and subject to refinement based on final fair values of the identified assets acquired and liabilities assumed. As of September 30, 2018, goodwill included $563.9 million of accumulated impairment losses within the Energy segment since the date of the transaction in which the Company was acquired by an affiliate of Kohlberg Kravis Roberts & Co. L.P. on July 30, 2013 (the “KKR Transaction”). There were no goodwill impairment charges recorded during the nine month period ended September 30, 2018. Other intangible assets as of September 30, 2018 and December 31, 2017 consisted of the following. September 30, 2018 December 31, 2017 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Amortized intangible assets: Customer lists and relationships $ 1,209.9 $ (542.6 ) $ 1,226.8 $ (473.0 ) Technology 21.9 (4.6 ) 8.1 (4.0 ) Trademarks 37.1 (12.4 ) 30.3 (10.6 ) Backlog 69.1 (68.0 ) 65.5 (65.5 ) Other 57.3 (28.8 ) 53.6 (23.5 ) Unamortized intangible assets: Trademarks 617.9 - 623.5 - Total other intangible assets $ 2,013.2 $ (656.4 ) $ 2,007.8 $ (576.6 ) Amortization of intangible assets for the three and nine month periods ended September 30, 2018 and 2017 were as follows. Three Month Period Ended September 30, Nine Month Period Ended September 30, 2018 2017 2018 2017 Intangible asset amortization expense $ 31.0 $ 29.5 $ 93.4 $ 87.6 Amortization of intangible assets is anticipated to be approximately $124.2 million annually in 2019 through 2023 based upon exchange rates as of September 30, 2018.

Accrued Liabilities

Accrued Liabilities	9 Months Ended
	Sep. 30, 2018
Accrued Liabilities [Abstract]
Accrued Liabilities	Note 6. Accrued Liabilities Accrued liabilities as of September 30, 2018 and December 31, 2017 consisted of the following. September 30, 2018 December 31, 2017 Salaries, wages and related fringe benefits $ 67.7 $ 97.3 Restructuring 6.4 6.5 Taxes 15.5 34.5 Contract liabilities (1) 90.5 42.7 Product warranty 24.5 22.3 Accrued interest 0.7 0.8 Other 53.6 67.1 Total accrued liabilities $ 258.9 $ 271.2 (1) For purposes of comparability, “Advance payments on sales contracts” as of December 31, 2017 was reclassified to “Contract liabilities.” See Note 12 “Revenue from Contracts with Customers” for an explanation of the Contract liabilities account included in “Accrued liabilities” in the Condensed Consolidated Balance Sheets. A reconciliation of the changes in the accrued product warranty liability for the three and nine month periods ended September 30, 2018 and 2017 are as follows. Three Month Period Ended September 30, 2018 Three Month Period Ended September 30, 2017 Nine Month Period Ended September 30, 2018 Nine Month Period Ended September 30, 2017 Balance at beginning of period $ 23.9 $ 21.7 $ 22.3 $ 21.7 Product warranty accruals 6.9 6.7 18.5 17.8 Settlements (6.2 ) (5.0 ) (16.8 ) (17.1 ) Charged to other accounts (1) (0.1 ) 0.2 0.5 1.2 Balance at end of period $ 24.5 $ 23.6 $ 24.5 $ 23.6 (1) Includes primarily the effects of foreign currency translation adjustments for the Company’s subsidiaries with functional currencies other than the USD, and changes in the accrual related to acquisitions.

Pension and Other Postretiremen

Pension and Other Postretirement Benefits	9 Months Ended
	Sep. 30, 2018
Pension and Other Postretirement Benefits [Abstract]
Pension and Other Postretirement Benefits	Note 7. Pension and Other Postretirement Benefits The following table summarizes the components of net periodic benefit cost for the Company’s defined benefit pension plans and other postretirement benefit plans recognized for the three and nine month periods ended September 30, 2018 and 2017. Pension Benefits Other Postretirement U.S. Plans Non-U.S. Plans Benefits Three Month Period Ended September 30, 2018 Nine Month Period Ended September 30, 2018 Three Month Period Ended September 30, 2018 Nine Month Period Ended September 30, 2018 Three Month Period Ended September 30, 2018 Nine Month Period Ended September 30, 2018 Service cost $ - $ - $ 0.4 $ 1.4 $ - $ - Interest cost 0.5 1.5 1.8 5.7 - 0.1 Expected return on plan assets (1.2 ) (3.5 ) (2.8 ) (8.8 ) - - Recognition of: Unrecognized prior service cost - - - - - - Unrecognized net actuarial loss - - 0.5 1.4 - - $ (0.7 ) $ (2.0 ) $ (0.1 ) $ (0.3 ) $ - $ 0.1 Pension Benefits Other Postretirement U.S. Plans Non-U.S. Plans Benefits Three Month Period Ended September 30, 2017 Nine Month Period Ended September 30, 2017 Three Month Period Ended September 30, 2017 Nine Month Period Ended September 30, 2017 Three Month Period Ended September 30, 2017 Nine Month Period Ended September 30, 2017 Service cost $ - $ - $ 0.5 $ 1.4 $ - $ - Interest cost 0.6 1.7 2.0 5.8 - 0.1 Expected return on plan assets (1.1 ) (3.3 ) (2.7 ) (7.7 ) - - Recognition of: Unrecognized prior service cost - - - - - - Unrecognized net actuarial loss - - 1.3 3.7 - - $ (0.5 ) $ (1.6 ) $ 1.1 $ 3.2 $ - $ 0.1 The components of net periodic benefit cost other than the service cost component are included in “Other income, net” in the Condensed Consolidated Statements of Operations.

Debt

Debt	9 Months Ended
	Sep. 30, 2018
Debt [Abstract]
Debt	Note 8. Debt The Company’s debt as of September 30, 2018 and December 31, 2017 is summarized as follows. September 30, 2018 December 31, 2017 Short-term borrowings $ - $ - Long-term debt Revolving credit facility, due 2020 $ - $ - Receivables financing agreement, due 2020 - - Term loan denominated in U.S. dollars, due 2024 (1) 1,025.9 1,282.3 Term loan denominated in Euros, due 2024 (2) 706.7 735.9 Capitalized leases and other long-term debt 26.4 26.9 Unamortized debt issuance costs (3.7 ) (4.9 ) Total long-term debt, net, including current maturities 1,755.3 2,040.2 Current maturities of long-term debt 7.9 20.9 Total long-term debt, net $ 1,747.4 $ 2,019.3 (1) As of September 30, 2018, the applicable interest rate was 4.99% and the weighted-average rate was 4.78% for the nine month period ended September 30, 2018. (2) As of September 30, 2018, the applicable interest rate was 3.00% and the weighted-average rate was 3.00% for the nine month period ended September 30, 2018. Senior Secured Credit Facilities In connection with the KKR Transaction, the Company entered into a senior secured credit agreement with UBS AG, Stamford Branch, as administrative agent, and other agents and lenders party thereto (the “Senior Secured Credit Facilities”) on July 30, 2013. The Senior Secured Credit Facilities entered into on July 30, 2013 provided senior secured financing in the equivalent of approximately $2,825.0 million, consisting of: (i) a senior secured term loan facility (the “Original Dollar Term Loan Facility”) in an aggregate principal amount of $1,900.0 million; (ii) a senior secured term loan facility (the “Original Euro Term Loan Facility,” together with the Original Dollar Term Loan Facility, the “Term Loan Facilities”) in an aggregate principal amount of €400.0 million; and (iii) a senior secured revolving credit facility (the “Revolving Credit Facility”) in an aggregate principal amount of $400.0 million available to be drawn in U.S. dollars (“USD”), Euros (“EUR”), Great British Pounds (“GBP”) and other reasonably acceptable foreign currencies, subject to certain sublimits for the foreign currencies. The Company entered into Amendment No. 1 to the Senior Secured Credit Facilities with UBS AG, Stamford Branch, as administrative agent, and the lenders and other parties thereto on March 4, 2016 (“Amendment No.1”) and Amendment No. 2 to the Senior Secured Credit Facilities with UBS AG, Stamford Branch, as administrative agent, and other agents, lenders and parties thereto on August 17, 2017 (“Amendment No. 2”). Amendment No. 1 reduced the aggregate principal borrowing capacity of the Revolving Credit Facility by $40.0 million to $360.0 million, extended the term of the Revolving Credit Facility to April 30, 2020 with respect to consenting lenders and provided for customary bail-in provisions to address certain European regulatory requirements. Amendment No. 2 refinanced the Original Dollar Term Loan Facility with a replacement $1,285.5 million senior secured U.S. dollar term loan facility (the ‘‘Dollar Term Loan Facility’’) and the Original Euro Term Loan Facility with a replacement €615.0 million senior secured euro term loan facility (the ‘‘Euro Term Loan Facility’’). Further the maturity for both term loan facilities was extended to July 30, 2024 and LIBOR Floor was reduced from 1.0% to 0.0%. On July 30, 2018, the Revolving Credit Facility principal borrowing capacity decreased to $269.9 million resulting from the maturity of the tranches of the Revolving Credit Facility which were owned by lenders that elected not to modify the original Revolving Credit Facility maturity date. Any principal amounts outstanding as of April 30, 2020 will be due at that time and required to be paid in full. The borrower of the Dollar Term Loan Facility and the Euro Term Loan Facility is Gardner Denver, Inc. Prior to the Company entering into Amendment No. 1, GD German Holdings II GmbH became an additional borrower and successor in interest to Gardner Denver Holdings GmbH & Co. KG. GD German Holdings II GmbH, GD First (UK) Limited and Gardner Denver, Inc. are the listed borrowers under the Revolving Credit Facility. The Revolving Credit Facility includes borrowing capacity available for letters of credit up to $200.0 million and for borrowings on same-day notice, referred to as swingline loans. As of September 30, 2018, the Company had $6.3 million of outstanding letters of credit under the Revolving Credit Facility and unused availability of $263.6 million. The Senior Secured Credit Facilities provide that the Company will have the right at any time to request incremental term loans and/or revolving commitments in an aggregate principal amount of up to (i) if as of the last day of the most recently ended test period the Consolidated Senior Secured Debt to Consolidated EBITDA Ratio (as defined in the Senior Secured Credit Facilities) is equal to or less than 5.50 to 1.00, $250.0 million plus (ii) voluntary prepayments and voluntary commitment reductions of the Senior Secured Credit Facilities prior to the date of any such incurrence plus (iii) an additional amount if, after giving effect to the incurrence of such additional amount, the Company does not exceed a Consolidated Senior Secured Debt to Consolidated EBITDA Ratio of 4.50 to 1.00. The lenders under the Senior Secured Credit Facilities are not under any obligation to provide any such incremental commitments or loans, and any such addition of, or increase in commitments or loans, will be subject to certain customary conditions. Interest Rate and Fees Borrowings under the Dollar Term Loan Facility, the Euro Term Loan Facility and the Revolving Credit Facility bear interest at a rate equal to, at the Company’s option, either (a) the greater of LIBOR for the relevant interest period or 0.00% per annum, in each case adjusted for statutory reserve requirements, plus an applicable margin or (b) a base rate (the ‘‘Base Rate’’) equal to the highest of (1) the rate of interest publicly announced by the administrative agent as its prime rate in effect at its principal office in Stamford, Connecticut, (2) the federal funds effective rate plus 0.50% and (3) LIBOR for an interest period of one month, adjusted for statutory reserve requirements, plus 1.00%, in each case, plus an applicable margin. The applicable margin for (i) the Dollar Term Loan Facility is 2.75% for LIBOR loans and 1.75% for Base Rate loans, (ii) the Revolving Credit Facility is 2.75% for LIBOR loans and 1.75% for Base Rate loans and (iii) the Euro Term Loan is 3.00% for LIBOR loans. The applicable margins under the Revolving Credit Facility may decrease based upon the Company’s achievement of certain Consolidated Senior Secured Debt to Consolidated EBITDA Ratios. In addition to paying interest on outstanding principal under the Senior Secured Credit Facilities, the Company is required to pay a commitment fee of 0.50% per annum to the lenders under the Revolving Credit Facility in respect of the unutilized commitments thereunder. The commitment fee rate was reduced to 0.375% because the Company’s Consolidated Senior Secured Debt to Consolidated EBITDA Ratio is less than or equal to 3.0 to 1.0. The Company must also pay customary letter of credit fees. Prepayments The Senior Secured Credit Facilities require the Company to prepay outstanding term loans, subject to certain exceptions, with: (i) 50% of annual excess cash flow (as defined in the Senior Secured Credit Facilities) commencing with the fiscal year ended December 31, 2014 (which percentage will be reduced to 25% if the Company’s Secured Debt to Consolidated EBITDA Ratio (as defined in the Senior Secured Credit Facilities) is less than or equal to 3.50 to 1.00 but greater than 3.00 to 1.00, and which prepayment will not be required if the Secured Debt to Consolidated EBITDA Ratio is less than or equal to 3.00 to 1.00); (ii) 100% of the net cash proceeds of non-ordinary course asset sales or other dispositions of property, subject to reinvestment rights; and (iii) 100% of the net cash proceeds of any incurrence of debt, other than proceeds from debt permitted under the Senior Secured Credit Facilities. The foregoing mandatory prepayments will be applied to the scheduled installments of principal of the Term Loan Facilities in direct order of maturity. Subject to the following sentence, the Company may voluntarily repay outstanding loans under the Senior Secured Credit Facilities at any time without premium or penalty, subject to certain customary conditions, including reimbursements of the lenders’ redeployment costs actually incurred in the case of a prepayment of LIBOR borrowings other than on the last day of the relevant interest period. Amortization and Final Maturity The Dollar Term Loan Facility amortizes in equal quarterly installments in aggregate annual amounts equal to 1.00% of the original principal amount of the Dollar Term Loan Facility, with the balance being payable on July 30, 2024. In June 2018 and September 2018, the Company used excess cash to repay $100.0 million and $150.0 million, respectively, of principal on outstanding borrowings under the Dollar Term Loan Facility. In June 2018, the principal prepayment was first applied to the quarterly installments with the remaining balance used to reduce the balance due on July 30, 2024. As a result of the June 2018 prepayment, the Company is no longer subject to mandatory quarterly principal installment payments on the Dollar Term Loan Facility. The prepayments resulted in the write-off of unamortized debt issuance costs of $0.3 million and $0.4 million for the three month and nine month periods ended September 30, 2018, included in the “Loss on Debt Extinguishment” line of the Condensed Consolidated Statements of Operations. The Euro Term Loan Facility includes repayments in equal quarterly installments in aggregate annual amounts equal to 1.00% of the original principal amount of the Euro Term Loan Facility, with the balance being payable on July 30, 2024. Amendment No. 1 reduced the minimum aggregate principal amount for extension amendments to the facilities from $50.0 million to $35.0 million. Guarantee and Security All obligations of the borrowers under the Senior Secured Credit Facilities are unconditionally guaranteed by the Company and all of its material, wholly-owned U.S. restricted subsidiaries, with customary exceptions including where providing such guarantees are not permitted by law, regulation or contract or would result in adverse tax consequences. All obligations of the borrowers under the Senior Secured Credit Facilities, and the guarantees of such obligations, are secured, subject to permitted liens and other exceptions, by substantially all of the assets of the borrowers and each guarantor, including but not limited to: (i) a perfected pledge of the capital stock issued by the borrowers and each subsidiary guarantor and (ii) perfected security interests in substantially all other tangible and intangible assets of the borrowers and the guarantors (subject to certain exceptions and exclusions). The obligations of the non-U.S. borrowers are secured by certain assets in jurisdictions outside of the United States. Certain Covenants and Events of Default The Senior Secured Credit Facilities contain a number of covenants that, among other things, restrict, subject to certain exceptions, the Company’s ability to: incur additional indebtedness and guarantee indebtedness; create or incur liens; engage in mergers or consolidations; sell, transfer or otherwise dispose of assets; create limitations on subsidiary distributions; pay dividends and distributions or repurchase its own capital stock; and make investments, loans or advances, prepayments of junior financings, or other restricted payments. In addition, certain restricted payments constituting dividends or distributions (subject to certain exceptions) are subject to compliance with a Consolidated Total Debt to Consolidated EBITDA Ratio (as defined in the Senior Secured Credit Facilities) of 5.00 to 1.00. Investments in unrestricted subsidiaries are permitted up to an aggregate amount that does not exceed the greater of $100.0 million or 25% of Consolidated EBITDA. The Revolving Credit Facility also requires the Company’s Consolidated Senior Secured Debt to Consolidated EBITDA Ratio to not exceed 7.50 to 1.00 for each fiscal quarter when outstanding revolving credit loans and swingline loans plus non-cash collateralized letters of credit under the Revolving Credit Facility (excluding (i) letters of credit in an aggregate amount not to exceed $80.0 million existing on the date of the closing of the Senior Secured Credit Facilities and any extensions thereof, replacement letters of credit or letters of credit issued in lieu thereof, in each case, to the extent the face amount of such letters of credit is not increased above the face amount of the letter of credit being extended, replaced or substituted and (ii) other non-cash collateralized letters of credit in an aggregate amount not to exceed $25.0 million, provided that the aggregate amount of non-cash collateralized letters of credit outstanding excluded pursuant to this provision shall not exceed $50.0 million) exceed $120.0 million. The Senior Secured Credit Facilities also contain certain customary affirmative covenants and events of default, including a change of control. Receivables Financing Agreement In May 2016, the Company entered into the Receivables Financing Agreement, providing for aggregated borrowing of up to $75.0 million governed by a borrowing base. The Receivables Financing Agreement provides for a lower cost alternative in the issuance of letters of credit with the remaining unused capacity providing additional liquidity. On June 30, 2017, the Company signed the first amendment of the Receivables Financing Agreement which increased the aggregated borrowing capacity by $50.0 million to $125.0 million governed by a borrowing base and extended the term to June 30, 2020. The Receivables Financing Agreement terminates on June 30, 2020, unless terminated earlier pursuant to its terms. As of September 30, 2018, the Company had no outstanding borrowings under the Receivables Financing Agreement and $27.3 million of letters of credit outstanding. As of September 30, 2018 there was $81.4 million of capacity available under the Receivables Financing Agreement. Borrowings under the Receivables Financing Agreement accrue interest at a reserve-adjusted LIBOR or a base rate, plus 1.6%. Letters of credit accrue interest at 1.6%. The Company may prepay borrowings or letters of credit or draw on the Receivables Financing Agreement upon one business day prior written notice and may terminate the Receivables Financing Agreement with 15 days’ prior written notice. As part of the Receivables Financing Agreement, eligible accounts receivable of certain of the Company’s subsidiaries are sold to a wholly owned “bankruptcy remote” special purpose vehicle (“SPV”). The SPV pledges the receivables as security for loans and letters of credit. The SPV is included in the Company’s consolidated financial statements and therefore, the accounts receivable owned by it are included in the Company’s Condensed Consolidated Balance Sheets. However, the accounts receivable owned by the SPV are separate and distinct from the Company’s other assets and are not available to the Company’s other creditors should we become insolvent. The Receivables Financing Agreement contains various customary representations and warranties and covenants, and default provisions which provide for the termination and acceleration of the commitments and loans under the agreement in circumstances including, but not limited to, failure to make payments when due, breach of representations, warranties or covenants, certain insolvency events or failure to maintain the security interest in the trade receivables, a change in control and defaults under other material indebtedness.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2018
Stock-Based Compensation [Abstract]
Stock-Based Compensation	Note 9. Stock-Based Compensation The Company has outstanding stock-based compensation awards granted under the 2013 Stock Incentive Plan (“2013 Plan”) and the 2017 Omnibus Incentive Plan (“2017 Plan”) as described in Note 15, “Stock-Based Compensation” of the Consolidated Financial Statements in its annual report on Form 10-K for the fiscal year ended December 31, 2017. Prior to the Company’s initial public offering in May 2017, the Company had certain repurchase rights on stock acquired through the exercise of a stock option that created an implicit service period and created a condition in which an optionee may not receive the economic benefits of the option until the repurchase rights are eliminated. The repurchase rights creating the implicit service period were eliminated at the earlier of an initial public offering or change of control event. Before the elimination of the repurchase rights, because an initial public offering or change of control were not probable of occurring, no compensation expense was recorded for equity awards. The Company recognized a liability for compensation expense measured at intrinsic value when it was probable that an employee would receive benefits under the terms of the plan due to the termination of employment. Under the terms of the 2013 Plan, concurrent with the initial public offering, the Company no longer retains repurchase rights on stock acquired through the exercise of a stock option and the implicit service period was eliminated on outstanding stock options. In the three and nine month periods ended September 30, 2017, the Company recognized stock-based compensation expense of approximately $7.8 million and $69.2 million, respectively. The Company recognized stock-based compensation expense of approximately $0.9 million and $6.1 million for the three and nine month periods ended September 30, 2018, respectively. These costs are included in “Other operating expense, net” in the Condensed Consolidated Statements of Operations. The $6.1 million of stock-based compensation expense for the nine month period ended September 30, 2018 included expense for modifications of equity awards for certain former employees of $3.8 million and expense for equity awards granted under the 2013 Plan and 2017 Plan of $5.3 million reduced by a benefit for a reduction in the liability for stock appreciation rights (“SAR”) of $3.0 million. The $3.8 million stock-based compensation expense for modifications for the nine month period ended September 30, 2018 provided continued vesting through scheduled vesting dates and extended expiration dates for certain former employees. The incremental stock-based compensation was determined using the Black-Scholes option pricing model based on assumptions which included expected lives of 1.0 to 1.3 years, a risk-free rate of 2.0%, assumed volatility of 26.8% to 27.3% and an expected dividend rate of 0.0%. As of September 30, 2018, there was $22.8 million of total unrecognized compensation expense related to outstanding stock options and restricted stock awards. SARs, granted under the 2013 Plan are expected to be settled in cash and are accounted for as liability awards. As of September 30, 2018, a liability of approximately $13.8 million for SARs was included in “Accrued liabilities” in the Condensed Consolidated Balance Sheets. Stock Option Awards The following assumptions were used to estimate the fair value of options granted (excluding previously disclosed modified awards) during the nine month periods ended September 30, 2018 and 2017 using the Black-Scholes option-pricing model. Nine Month Period Ended September 30, 2018 Nine Month Period Ended September 30, 2017 Assumptions: Expected life of options (in years) 7.0 - 7.5 5.0 - 6.3 Risk-free interest rate 2.9% - 3.0 % 1.9% - 2.1 % Assumed volatility 34.4 - 35.4 41.2 - 45.8 % Expected dividend rate 0.0 % 0.0 % A summary of the Company’s stock option (including SARs) activity for the nine month period ended September 30, 2018 is presented in the following table (underlying shares in thousands). Shares Weighted-Average Exercise Price (per share) Outstanding at December 31, 2017 12,834 $ 9.54 Granted 848 $ 31.74 Exercised or settled (752 ) $ 8.36 Forfeited (433 ) $ 16.21 Outstanding at September 30, 2018 12,497 $ 10.88 Vested at September 30, 2018 8,612 $ 9.03 Restricted Stock Unit Awards A summary of the Company’s restricted stock unit activity for the nine month period ended September 30, 2018 is presented in the following table (underlying shares in thousands). Shares Weighted-Average Grant-Date Fair Value Non-vested as of December 31, 2017 - $ - Granted 365 $ 31.84 Vested - $ - Forfeited (10 ) $ 32.06 Non-vested as of September 30, 2018 355 $ 31.83 Deferred Stock Units Concurrent with the Company’s initial public offering in May of 2017, the Company’s Board authorized the grant of 5.5 million deferred stock units (“DSU”) to all permanent employees that had not previously received stock-based awards under the 2013 Plan. The DSUs vested immediately upon grant, however contained restrictions such that the employee may not sell or otherwise realize the economic benefits of the award until certain dates through April 2019. $2.0 million and $96.8 million of compensation expense for the DSU awards was recognized in the three month and nine month periods ended September 30, 2017, respectively, and included in “Other operating expense, net” in the Condensed Consolidated Statements of Operations. As of the date of the grant, the fair value of a DSU was determined to be $17.20 assuming a share price at the pricing date of the initial public offering of $20.00 and a discount for lack of marketability commensurate with the period of the sale restrictions. The Company estimated the fair value of DSUs at the time of grant using the Finnerty discount for lack of marketability pricing model. The model assumed a holding restriction period of 1.42 years and volatility of 51.5%.

Accumulated Other Comprehensive

Accumulated Other Comprehensive (Loss) Income	9 Months Ended
	Sep. 30, 2018
Accumulated Other Comprehensive (Loss) Income [Abstract]
Accumulated Other Comprehensive (Loss) Income	Note 10. Accumulated Other Comprehensive (Loss) Income The Company’s other comprehensive (loss) income consists of (i) unrealized foreign currency net gains and losses on the translation of the assets and liabilities of its foreign operations; (ii) realized and unrealized foreign currency gains and losses on intercompany notes of a long-term nature and certain hedges of net investments in foreign operations, net of income taxes; (iii) unrealized gains and losses on cash flow hedges (consisting of interest rate swaps), net of income taxes; and (iv) pension and other postretirement prior service cost and actuarial gains or losses, net of income taxes. The before tax income (loss) and related income tax effect are as follows. For the Three Month Period Ended September 30, 2018 For the Nine Month Period Ended September 30, 2018 Before-Tax Amount Tax (Expense) or Benefit Net of Tax Amount Before-Tax Amount Tax (Expense) or Benefit Net of Tax Amount Foreign currency translation adjustments, net $ (21.9 ) $ - $ (21.9 ) $ (70.0 ) $ - $ (70.0 ) Foreign currency gains, net 4.7 (1.1 ) 3.6 24.4 (5.7 ) 18.7 Unrecognized gains on cash flow hedges, net 5.8 (1.4 ) 4.4 27.1 (6.6 ) 20.5 Pension and other postretirement benefit prior service cost and gain or loss, net 1.0 (0.1 ) 0.9 3.0 0.9 3.9 Other comprehensive loss $ (10.4 ) $ (2.6 ) $ (13.0 ) $ (15.5 ) $ (11.4 ) $ (26.9 ) For the Three Month Period Ended September 30, 2017 For the Nine Month Period Ended September 30, 2017 Before-Tax Amount Tax (Expense) or Benefit Net of Tax Amount Before-Tax Amount Tax (Expense) or Benefit Net of Tax Amount Foreign currency translation adjustments, net $ 41.5 $ - $ 41.5 $ 131.4 $ - $ 131.4 Foreign currency losses, net (23.5 ) 8.7 (14.8 ) (71.2 ) 26.9 (44.3 ) Unrecognized gains (losses) on cash flow hedges, net 5.5 (1.5 ) 4.0 8.9 (3.4 ) 5.5 Pension and other postretirement benefit prior service cost and gain or loss, net (1.1 ) 0.5 (0.6 ) (3.4 ) 1.5 (1.9 ) Other comprehensive income $ 22.4 $ 7.7 $ 30.1 $ 65.7 $ 25.0 $ 90.7 Changes in accumulated other comprehensive (loss) income by component for the nine month periods ended September 30, 2018 and 2017 are presented in the following tables (1) Cumulative Currency Translation Adjustment Foreign Currency Gains and (Losses) Unrealized (Losses) Gains on Cash Flow Hedges Pension and Postretirement Benefit Plans Total Balance as of December 31, 2017 $ (166.6 ) $ 37.0 $ (29.8 ) $ (40.4 ) $ (199.8 ) Other comprehensive (loss) income before reclassifications (70.0 ) 18.7 11.5 2.8 (37.0 ) Amounts reclassified from accumulated other comprehensive (loss) income - - 9.0 1.1 10.1 Other comprehensive (loss) income (70.0 ) 18.7 20.5 3.9 (26.9 ) Cumulative effect adjustment upon adoption of new accounting standard (ASU 2017-12) - - 0.3 - 0.3 Balance as of September 30, 2018 $ (236.6 ) $ 55.7 $ (9.0 ) $ (36.5 ) $ (226.4 ) Cumulative Currency Translation Adjustment Foreign Currency Gains and (Losses) Unrealized (Losses) Gains on Cash Flow Hedges Pension and Postretirement Benefit Plans Total Balance as of December 31, 2016 $ (324.2 ) $ 88.6 $ (42.2 ) $ (64.6 ) $ (342.4 ) Other comprehensive income (loss) before reclassifications 131.4 (44.3 ) (3.1 ) (4.2 ) 79.8 Amounts reclassified from accumulated other comprehensive (loss) income - - 8.6 2.3 10.9 Other comprehensive income (loss) 131.4 (44.3 ) 5.5 (1.9 ) 90.7 Balance as of September 30, 2017 $ (192.8 ) $ 44.3 $ (36.7 ) $ (66.5 ) $ (251.7 ) (1) All amounts are net of tax. Amounts in parentheses indicate debits. Reclassifications out of accumulated other comprehensive (loss) income for the nine month periods ended September 30, 2018 and 2017 are presented in the following table. Amount Reclassified from Accumulated Other Comprehensive (Loss) Income Details about Accumulated Other Comprehensive (Loss) Income Components For the Nine Month Period Ended September 30, 2018 For the Nine Month Period Ended September 30, 2017 Affected Line in the Statement Where Net Income is Presented Loss on cash flow hedges Interest rate swaps $ 11.8 $ 13.9 Interest expense 11.8 13.9 Total before tax (2.8 ) (5.3 ) Benefit for income taxes $ 9.0 $ 8.6 Net of tax Amortization of defined benefit pension and other postretirement benefit items $ 1.4 $ 3.7 (1) 1.4 3.7 Total before tax (0.3 ) (1.4 ) Benefit for income taxes $ 1.1 $ 2.3 Net of tax Total reclassifications for the period $ 10.1 $ 10.9 Net of tax (1) These components are included in the computation of net periodic benefit cost. See Note 7 “Pension and Other Postretirement Benefits” for additional details.

Hedging Activities and Fair Val

Hedging Activities and Fair Value Measurements	9 Months Ended
	Sep. 30, 2018
Hedging Activities and Fair Value Measurements [Abstract]
Hedging Activities and Fair Value Measurements	Note 11. Hedging Activities and Fair Value Measurements Hedging Activities The Company is exposed to certain market risks during the normal course of its business arising from adverse changes in interest rates and foreign currency exchange rates. The Company selectively uses derivative financial instruments (“derivatives”), including foreign currency forward contracts and interest rate swaps, to manage the risks from fluctuations in foreign currency exchange rates and interest rates, respectively. The Company does not purchase or hold derivatives for trading or speculative purposes. Fluctuations in interest rates and foreign currency exchange rates can be volatile, and the Company’s risk management activities do not totally eliminate these risks. Consequently, these fluctuations could have a significant effect on the Company’s financial results. The Company’s exposure to interest rate risk results primarily from its variable-rate borrowings. The Company manages its debt centrally, considering tax consequences and its overall financing strategies. The Company manages its exposure to interest rate risk by maintaining a mixture of fixed and variable rate debt and, from time to time, using pay-fixed interest rate swaps as cash flow hedges of variable rate debt in order to adjust the relative fixed and variable proportions. A substantial portion of the Company’s operations is conducted by its subsidiaries outside of the United States in currencies other than the USD. Almost all of the Company’s non-U.S. subsidiaries conduct their business primarily in their local currencies, which are also their functional currencies. Other than the USD, the EUR, GBP, and Chinese Yuan are the principal currencies in which the Company and its subsidiaries enter into transactions. The Company is exposed to the impacts of changes in foreign currency exchange rates on the translation of its non-U.S. subsidiaries’ assets, liabilities and earnings into USD. The Company has certain U.S. subsidiaries borrow in currencies other than the USD. The Company and its subsidiaries are also subject to the risk that arises when they, from time to time, enter into transactions in currencies other than their functional currency. To mitigate this risk, the Company and its subsidiaries typically settle intercompany trading balances monthly. The Company also selectively uses forward currency contracts to manage this risk. These contracts for the sale or purchase of European and other currencies generally mature within one year. Derivative Instruments The following table summarizes the notional amounts, fair values and classification of the Company’s outstanding derivatives by risk category and instrument type within the Condensed Consolidated Balance Sheets as of September 30, 2018 and December 31, 2017. September 30, 2018 Derivative Classification Notional Amount (1) Fair Value (1) Other Current Assets Fair Value (1) Other Assets Fair Value (1) Accrued Liabilities Fair Value (1) Other Liabilities Derivatives Designated as Hedging Instruments Interest rate swap contracts Cash Flow $ 1,025.0 $ - $ - $ 3.4 $ 14.2 Derivatives Not Designated as Hedging Instruments Foreign currency forwards Fair Value $ 26.5 $ - $ - $ 0.3 $ - December 31, 2017 Derivative Classification Notional Amount (1) Fair Value (1) Other Current Assets Fair Value (1) Other Assets Fair Value (1) Accrued Liabilities Fair Value (1) Other Liabilities Derivatives Designated as Hedging Instruments Interest rate swap contracts Cash Flow $ 1,125.0 $ - $ - $ 16.1 $ 30.6 Derivatives Not Designated as Hedging Instruments Foreign currency forwards Fair Value $ 94.4 $ - $ - $ 1.2 $ - (1) Notional amounts represent the gross contract amounts of the outstanding derivatives excluding the total notional amount of positions that have been effectively closed through offsetting positions. The net gains and net losses associated with positions that have been effectively closed through offsetting positions but not yet settled are included in the asset and liability derivatives fair value columns, respectively. Gains and losses on derivatives designated as cash flow hedges included in the Condensed Consolidated Statements of Comprehensive (Loss) Income for the three and nine month periods ended September 30, 2018 and 2017, are as presented in the table below. See Note 1 “Condensed Consolidated Financial Statements” for a discussion of the adoption of ASU 2017-12. For the Three Month Periods Ended September 30, For the Nine Month Periods Ended September 30, 2018 2017 2018 2017 Interest rate swap contracts Gain (loss) recognized in AOCI on derivatives $ 1.8 $ 1.4 $ 15.2 $ (4.9 ) Loss reclassified from AOCI into income (effective portion) (1) (3.3 ) (4.1 ) (11.2 ) (13.9 ) Loss reclassified from AOCI into income (missed forecast) (2) (0.6 ) - (0.6 ) - (1) Losses on derivatives reclassified from accumulated other comprehensive income (“AOCI”) into income (effective portion) were included in “Interest expense” in the Condensed Consolidated Statements of Operations, the same income statement line item as the earnings effect of the hedged item. (2) During the three month period ended September 30, 2018, the Company used excess cash to pay down $150.0 million of its Dollar Term Loan Facility. Due to this unforecasted pay down of debt, the Company paid $2.7 million in the amendment of the interest rate swap contracts to reflect the updated forecasted cash flows. The updated forecasts caused certain hedged items to be deemed probable of not occurring in the future and thus, the Company accelerated the release of AOCI related to those hedged items. Losses reclassified from AOCI into income (missed forecast) were included in “Loss on extinguishment of debt” in the Condensed Consolidated Statements of Operations. As of September 30, 2018, the Company is the fixed rate payor on 11 interest rate swap contracts that effectively fix the LIBOR-based index used to determine the interest rates charged on a total of $1,025.0 million of the Company’s LIBOR-based variable rate borrowings. These contracts carry fixed rates ranging from 3.3% to 4.3% and have expiration dates ranging from 2018 to 2020. These swap agreements qualify as hedging instruments and have been designated as cash flow hedges of forecasted LIBOR-based interest payments. Based on LIBOR-based swap yield curves as of September 30, 2018, the Company expects to reclassify losses of $13.3 million out of AOCI into earnings during the next 12 months. The Company’s LIBOR-based variable rate borrowings outstanding as of September 30, 2018 were $1,025.9 million and €608.9 million. The Company had two foreign currency forward contracts outstanding as of September 30, 2018 with notional amounts of $9.3 million and $17.2 million. These contracts are used to hedge the change in fair value of recognized foreign currency denominated assets or liabilities caused by changes in currency exchange rates. The changes in the fair value of these contracts generally offset the changes in the fair value of a corresponding amount of the hedged items, both of which are included in the “Other operating expense, net” line on the face of the Condensed Consolidated Statements of Operations. The Company’s foreign currency forward contracts are subject to master netting arrangements or agreements between the Company and each counterparty for the net settlement of all contracts through a single payment in a single currency in the event of default on or termination of any one contract with that certain counterparty. It is the Company’s practice to recognize the gross amounts in the Condensed Consolidated Balance Sheets. The amount available to be netted is not material. The Company’s (losses) gains on derivative instruments not designated as accounting hedges and total net foreign currency (losses) gains for the three and nine month periods ended September 30, 2018 and 2017 were as follows. For the Three Month Periods Ended September 30, For the Nine Month Periods Ended September 30, 2018 2017 2018 2017 Foreign currency forward contracts (losses) gains $ (0.4 ) $ (1.8 ) $ 5.8 $ (6.7 ) Total foreign currency transaction gains (losses), net 0.8 (1.7 ) 0.6 (6.3 ) The Company has a significant investment in consolidated subsidiaries with functional currencies other than the USD, particularly the EUR. The Company designated its Original Euro Term Loan as a hedge of the Company’s net investment in subsidiaries with EUR functional currencies in 2017 until it was extinguished and replaced on August 17, 2017 by a €615.0 million Euro Term Loan, further described in Note 8 “Debt.” On August 17, 2017, the Company designated the €615.0 million Euro Term Loan as a hedge of the Company’s net investment in subsidiaries with EUR functional currencies. As of September 30, 2018, the Euro Term Loan of €608.9 million remained designated. For the period from January 1, 2017 to August 16, 2017, the Company designated two cross currency interest rate swaps, each with a USD notional amount of $100.0 million as hedges of its net investment in EUR functional subsidiaries. Both cross currency interest rate swaps were terminated on August 16, 2017. The losses and gains from the change in the fair value of the designated net investment hedges were recorded through other comprehensive income. The recorded Accumulated Other Comprehensive (Loss) Income at the termination of the cross currency interest rate swaps will remain in Accumulated Other Comprehensive (Loss) Income until there is a substantial liquidation of the Company’s net investment in subsidiaries with EUR functional currencies. The Company’s gains and (losses), net of income tax, associated with changes in the value of debt and designated cross currency interest rate swaps for the three and nine month periods ended September 30, 2018 and 2017 and the net balance of such gains and (losses) included in accumulated other comprehensive (loss) income as of September 30, 2018 and 2017 were as follows. For the Three Month Periods Ended September 30, For the Nine Month Periods Ended September 30, 2018 2017 2018 2017 Gain (loss), net of income tax, recorded through other comprehensive income $ 3.5 $ (13.6 ) $ 18.0 $ (43.2 ) Balance included in accumulated other comprehensive (loss) income as of September 30, 2018 and 2017, respectively $ 50.1 $ 39.2 For the periods presented, all cash flows associated with derivatives are classified as operating cash flows in the Condensed Consolidated Statements of Cash Flows. Fair Value Measurements A financial instrument is defined as cash or cash equivalents, evidence of an ownership interest in an entity, or a contract that creates a contractual obligation or right to deliver or receive cash or another financial instruments from another party. The Company’s financial instruments consist primarily of cash and cash equivalents, trade accounts receivables, trade accounts payables, deferred compensation assets and obligations, derivatives and debt instruments. The carrying values of cash and cash equivalents, trade accounts receivables, trade accounts payables, and variable rate debt instruments are a reasonable estimate of their respective fair values. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or more advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value must maximize the use of observable inputs and minimize the use of unobservable inputs. The fair value hierarchy is based on three levels of inputs, of which the first two are considered observable and the last unobservable, that may be used to measure the fair value as follows. Level 1 Quoted prices (unadjusted) in active markets for identical assets or liabilities as of the reporting date. Level 2 Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities as of the reporting date. Level 3 Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis as of September 30, 2018. Level 1 Level 2 Level 3 Total Financial Assets Trading securities held in deferred compensation plan (1) $ 6.3 $ - $ - $ 6.3 Total $ 6.3 $ - $ - $ 6.3 Financial Liabilities Foreign currency forwards (2) $ - $ 0.3 $ - $ 0.3 Interest rate swaps (3) - 17.6 - 17.6 Deferred compensation plan (1) 6.3 - - 6.3 Total $ 6.3 $ 17.9 $ - $ 24.2 (1) Based on the quoted price of publicly traded mutual funds which are classified as trading securities and accounted for using the mark-to-market method. (2) Based on calculations that use readily observable market parameters as their basis, such as spot and forward rates. (3) Measured as the present value of all expected future cash flows based on the LIBOR-based swap yield curves as of September 30, 2018. The present value calculation uses discount rates that have been adjusted to reflect the credit quality of the Company and its counterparties.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	9 Months Ended
	Sep. 30, 2018
Revenue from Contracts with Customers [Abstract]
Revenue from Contracts with Customers	Note 12. Revenue from Contracts with Customers Overview The Company adopted ASC 606 on January 1, 2018 using the modified retrospective method. See Note 1 “Condensed Consolidated Financial Systems” for further discussion of the adoption. The Company recognizes revenue when control is transferred to the customer. The amount of revenue recognized includes adjustments for any variable consideration, such as rebates, sales discounts, liquidated damages, etc., which are included in the transaction price, and allocated to each performance obligation. The variable consideration is estimated throughout the course of the contract using the Company’s best estimates. Judgments impacting variable consideration related to material rebate and sales discount programs, and significant contracts containing liquidated damage clauses are governed by robust management review processes. The majority of the Company’s revenues are derived from short duration contracts and revenue is recognized at a single point in time when control is transferred to the customer, generally at shipment or when delivery has occurred or services have been rendered. The Company has certain long duration engineered to order (“ETO”) contracts that require highly engineered solutions designed to customer specific applications. For contracts where the contractual deliverables have no alternative use and the contract termination clauses provide for the recovery of cost plus a reasonable margin, revenue is recognized over time based on the Company’s progress in satisfying the contractual performance obligations, generally measured as the ratio of actual costs incurred to date to the estimated total costs to complete the contract. For contracts with termination provisions that do not provide for recovery of cost and a reasonable margin, revenue is recognized at a point in time, generally at shipment or delivery to the customer. Identification of performance obligations, determination of alternative use, assessment of contractual language regarding termination provisions, and estimation of total project costs are all significant judgments required in the application of ASC 606. Contractual specifications and requirements may be modified. The Company considers contract modifications to exist when the modification either creates new or changes the existing enforceable rights and obligations. In the event a contract modification is for goods or services that are not distinct in the contract, and therefore, form part of a single performance obligation that is partially satisfied as of the modification date, the effect of the contract modification on the transaction price and the Company’s measure of progress for the performance obligation to which it relates, is recognized on a cumulative catch-up basis. Taxes assessed by a government authority that are both imposed on and concurrent with a specific revenue-producing transaction, that are collected by the Company from a customer, are excluded from revenue. Sales commissions are due at the earlier of collection of payment from customers or recognition of revenue. Applying the practical expedient from ASC 340-40-25-4, the Company recognizes the incremental costs of obtaining contracts as an expense when incurred if the amortization period of the assets that the Company otherwise would have recognized is one year or less. These costs are included in the “Selling and administrative expenses” line of the Condensed Consolidated Statements of Operations. Disaggregation of Revenue The following table provides disaggregated revenue by reportable segment for the three month period ended September 30, 2018. Industrials Energy Medical Total Primary Geographic Markets United States $ 96.7 $ 200.1 $ 31.1 $ 327.9 Other Americas 19.9 29.4 0.7 50.0 Total Americas $ 116.6 $ 229.5 $ 31.8 $ 377.9 EMEA 156.2 44.9 27.7 228.8 Asia Pacific 47.2 24.4 11.0 82.6 Total $ 320.0 $ 298.8 $ 70.5 $ 689.3 Product Categories Original equipment (1) $ 221.2 $ 127.8 $ 68.3 $ 417.3 Aftermarket (2) 98.8 171.0 2.2 272.0 Total $ 320.0 $ 298.8 $ 70.5 $ 689.3 Pattern of Revenue Recognition Revenue recognized at point in time (3) $ 309.4 $ 278.5 $ 70.5 $ 658.4 Revenue recognized over time (4) 10.6 20.3 - 30.9 Total $ 320.0 $ 298.8 $ 70.5 $ 689.3 (1) Revenues from sales of capital equipment within the Industrials and Energy Segments and sales of components to original equipment manufacturers in the Medical Segment. (2) Revenues from sales of spare parts, accessories, other components and services in support of maintaining customer owned, installed base of the Company’s original equipment. (3) Revenues from short and long duration product and service contracts recognized at a point in time when control is transferred to the customer generally when products delivery has occurred and services have been rendered. (4) Revenues primarily from long duration ETO product contracts and certain contracts for the delivery of a significant volume of substantially similar products recognized over time as contractual performance obligations are completed. The following table provides disaggregated revenue by reportable segment for the nine month period ended September 30, 2018. Industrials Energy Medical Total Primary Geographic Markets United States $ 278.2 $ 538.6 $ 77.2 $ 894.0 Other Americas 58.1 85.0 2.1 145.2 Total Americas $ 336.3 $ 623.6 $ 79.3 $ 1,039.2 EMEA 481.8 115.3 82.4 679.5 Asia Pacific 147.6 75.2 35.6 258.4 Total $ 965.7 $ 814.1 $ 197.3 $ 1,977.1 Product Categories Original equipment (1) $ 662.5 $ 337.7 $ 190.5 $ 1,190.7 Aftermarket (2) 303.2 476.4 6.8 786.4 Total $ 965.7 $ 814.1 $ 197.3 $ 1,977.1 Pattern of Revenue Recognition Revenue recognized at point in time (3) $ 931.2 $ 776.3 $ 197.3 $ 1,904.8 Revenue recognized over time (4) 34.5 37.8 - 72.3 Total $ 965.7 $ 814.1 $ 197.3 $ 1,977.1 (1) Revenues from sales of capital equipment within the Industrials and Energy Segments and sales of components to original equipment manufacturers in the Medical Segment. (2) Revenues from sales of spare parts, accessories, other components and services in support of maintaining customer owned, installed base of the Company’s original equipment. (3) Revenues from short and long duration product and service contracts recognized at a point in time when control is transferred to the customer generally when products delivery has occurred and services have been rendered. (4) Revenues primarily from long duration ETO product contracts and certain contracts for the delivery of a significant volume of substantially similar products recognized over time as contractual performance obligations are completed. Performance Obligations The majority of the Company’s contracts have a single performance obligation as the promise to transfer goods and/or services. For contracts with multiple performance obligations, the Company utilizes observable prices to determine standalone selling price or cost plus margin if a standalone price is not available. The Company has elected to expense shipping and handling costs as incurred. The Company’s primary performance obligations include delivering standard or configured to order (“CTO”) goods to customers, designing and manufacturing a broad range of equipment customized to a customer’s specifications in ETO arrangements, rendering of services (maintenance and repair contracts) and certain extended or service type warranties. For incidental items that are immaterial in the context of the contract, costs are expensed as incurred or accrued at delivery. As of September 30, 2018, for contracts with an original duration greater than one year, the Company expects to recognize revenue in the future related to unsatisfied (or partially satisfied) performance obligations of $168.0 million in the next twelve months and $72.9 million in periods thereafter. The performance obligations that are unsatisfied (or partially satisfied) are primarily related to orders for goods or services that were placed prior to the end of the reporting period and have not been delivered to the customer, on-going work on ETO contracts where revenue is recognized over time, and service contracts with an original duration greater than one year. Contract Balances The following table provides the contract balances as of September 30, 2018 and December 31, 2017 presented in the Condensed Consolidated Balance Sheets. September 30, 2018 December 31, 2017 Accounts receivable, net of allowance for doubtful accounts of $19.1 and $18.7, respectively $ 525.0 $ 536.3 Contract assets 13.9 - Contract liabilities 90.5 42.7 Accounts receivable – Contract assets Contract liabilities Contract assets and liabilities are reported on the Condensed Consolidated Balance Sheets on a contract-by-contract basis at the end of each reporting period. Contract assets and liabilities are presented net on a contract level, where required. Payments from customers are generally due 30-60 days after invoicing. Invoicing for sales of standard products generally coincides with shipment or delivery of goods. Invoicing for CTO and ETO contracts typically follows a schedule for billing at contractual milestones. Payments milestones normally include down payments upon the contract signing, completion of product design, completion of customer's preliminary inspection, shipment or delivery, completion of installation, and customer's on-site inspection. The timing of revenue recognition, billings and cash collections results in billed accounts receivable, unbilled receivables (contract assets) and customer advances and deposits (contract liabilities) on the Condensed Consolidated Balance Sheets. The Company has elected the practical expedient from ASC 606-10-32-18 and does not adjust the transaction price for the effects of a financing component if, at contract inception, the period between when the Company transfers a promised good or service to a customer and when the customer pays for that good or service will be one year or less.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2018
Income Taxes [Abstract]
Income Taxes	Note 13. On December 22, 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as the Tax Cuts and Jobs Act ("Tax Act"). The Tax Act makes broad and complex changes to the U.S. tax code that affected 2017, including, but not limited to, (1) requiring a one-time transition tax on certain unrepatriated earnings of foreign subsidiaries that is payable over eight years and (2) bonus depreciation that will allow for full expensing of qualified property. The Tax Act also establishes new tax laws that affected 2018, including, but not limited to (1) the reduction of the U.S. federal corporate tax rate from 35% to 21%; (2) the elimination of the corporate alternative minimum tax ("AMT"); (3) the creation of the base erosion anti-abuse tax ("BEAT"), a new minimum tax; (4) a general elimination of U.S. federal income taxes on dividends from foreign subsidiaries; (5) a new provision designed to tax global intangible low-taxed income ("GILTI"), which allows for the possibility of using foreign tax credits ("FTC") and a deduction of up to 50% to offset the income tax liability (subject to some limitations); (6) a new limitation on deductible interest expense; (7) the repeal of the domestic production activity deduction; (8) limitations on the deductibility of certain executive compensation; (9) limitations on the use of FTCs to reduce the U.S. income tax liability; and (10) limitations on net operating losses ("NOL") generated after December 31, 2017, to 80% of taxable income. The SEC staff issued SAB 118, which provides guidance on accounting for the tax effects of the Tax Act. SAB 118 provides a measurement period that should not extend beyond one year from the Tax Act enactment date for companies to complete the accounting under ASC 740. In accordance with SAB 118, a company must reflect the income tax effects of those aspects of the Tax Act for which the accounting under ASC 740 is complete. To the extent that a company's accounting for certain income tax effects of the Tax Act is incomplete but it is able to determine a reasonable estimate, a company must record a provisional estimate in the financial statements. If a company cannot determine a provisional estimate to be included in the financial statements, a company should continue to apply ASC 740 on the basis of the provisions of the tax laws that were in effect immediately before the enactment of the Tax Act. The Company has not completed the accounting for the income tax effects of certain elements of the Tax Act. If the Company was able to make reasonable estimates of the effects of elements for which an analysis is not yet complete, the Company recorded provisional adjustments, as described above. If the Company was not yet able to make reasonable estimates of the impact of certain elements, the Company has not recorded any adjustments related to those elements and have continued accounting for them in accordance with ASC 740 on the basis of the tax laws in effect before the Tax Act. As the Company completes the accounting of the income tax effects of the Tax Act, the Company anticipates that additional charges or benefits may be recorded at such time as prescribed by ASC 740 and SAB 118, and as further information becomes available regarding the Tax Act, the Company may make further adjustments to the provisions that have been recorded in the financial statements. The Company also continues to examine the impact of this tax reform legislation. The Tax Act reduces the corporate tax rate to 21%, effective January 1, 2018. While the Company was able to make a reasonable estimate of the impact of the reduction in the corporate rate, that estimate may be affected by other analyses related to the Tax Act, including, but not limited to, a calculation of deemed repatriation of deferred foreign income and the state tax effect of adjustments made to federal temporary differences. In the nine month period ended September 30, 2018, the benefit recognized of $89.6 million in 2017 was increased by $8.2 million to $97.8 million in the three month period ended September 30, 2018. No additional changes were made to the $69.0 million benefit related to the reduction of the ASC 740-30 liability. These both remain estimates as of September 30, 2018. The Deemed Repatriation Transition Tax ("Transition Tax") is a tax on previously untaxed accumulated and current earnings and profits ("E&P") of certain of the Company's foreign subsidiaries. To determine the amount of the Transition Tax, we must determine, in addition to other factors, the amount of post-1986 E&P of the relevant subsidiaries, the amount of non-U.S. income taxes paid on such earnings, and the impact of the accumulated overall foreign source loss on the Company's ability to utilize foreign tax credits. As of the nine month period ended September 30, 2018, the Company revised its estimate for the Transition Tax obligation to $51.7 million from the $63.3 million expensed in 2017. The Company continues to gather additional information to more precisely compute the amount of the Transition Tax obligation. The Transition Tax obligation remains an estimate as of September 30, 2018. The Company's accounting for the following elements of the Tax Act is incomplete, and no provisional adjustments, other than the adjustment related to the effects of the transitional tax, were recorded related to ASC 740-30. Due to complexities, the Company has not yet determined if a change to the policy concerning permanent reinvestment will be made as a result of the Tax Act. No additional adjustments relating to ASC 740-30 have been recorded in accordance with SAB 118. For 2018, the Tax Act creates a new requirement that certain income (i.e., GILTI) earned by controlled foreign corporations ("CFC") must be included currently in the gross income of the CFCs' U.S. shareholder. GILTI is the excess of the shareholder's "net CFC tested income" over the net deemed tangible income return, which is currently defined as the excess of (1) 10% of the aggregate of the U.S. shareholder's pro rata share of the qualified business asset investment of each CFC with respect to which it is a U.S. shareholder over (2) the amount of certain interest expense taken into account in the determination of net CFC-tested income. Under U.S. GAAP, the Company is allowed to make an accounting policy choice of either (1) treating taxes due on future U.S. inclusions in taxable income related to GILTI as a current-period expense when incurred (the "period cost method") or (2) factoring such amounts into a company's measurement of its deferred taxes (the "deferred method"). The Company has determined that it will follow the period costs method (option 1 above) going forward. The tax provision for the nine month period ended September 30, 2018 reflects this decision. All of the additional calculations and rule changes found in the Tax Act have been considered in the tax provision for the three and nine month periods ended September 30, 2018. The following table summarizes the Company's provision (benefit) for income taxes and effective income tax provision rate for the three and nine month periods ended September 30, 2018 and 2017. For the Three Month Periods Ended September 30, For the Nine Month Periods Ended September 30, 2018 2017 2018 2017 Income (loss) before income taxes $ 94.8 $ 32.4 $ 238.1 $ (166.3 ) Provision (benefit) for income taxes $ 22.6 $ 4.4 $ 63.2 $ (41.2 ) Effective income tax rate 23.8 % 13.6 % 26.5 % 24.8 % The increase in the provision for income taxes for the three month period ended September 30, 2018 when compared to the same three month period in 2017 is primarily due to the overall increase in global earnings when compared to the prior year. The effective income tax provision rate was impacted by the increase in global earnings and reduced by the windfall tax benefit to result in an overall increase in the rate for the three month period ended September 30, 2018 when compared to the same three month period of 2017. The increase in the provision for income taxes and increase in the effective income tax provision rate for the nine month period ended September 30, 2018 when compared to the same nine month period of 2017 is primarily due to the overall increase in global earnings when compared to the prior year.

Supplemental Information

Supplemental Information	9 Months Ended
	Sep. 30, 2018
Supplemental Information [Abstract]
Supplemental Information	Note 14. The components of "Other operating expense, net" for the three month and nine month periods ended September 30, 2018 and 2017 are as follows. For the Three Month Periods Ended September 30, For the Nine Month Periods Ended September 30, 2018 2017 2018 2017 Other Operating Expense, Net Foreign currency transaction (gains) losses, net $ (0.8 ) $ 1.7 $ (0.6 ) $ 6.3 Restructuring charges, net (1) 5.4 2.8 5.4 4.9 Environmental remediation expenses (2) - - - 0.9 Stock-based compensation expense (3) 1.1 9.8 2.9 166.0 Shareholder litigation settlement recoveries (4) - - (4.5 ) - Acquisition related expenses and non-cash charges (5) 0.5 0.7 6.3 2.4 Losses (gains) on asset and business disposals 0.1 (0.6 ) (1.1 ) 2.0 Other, net (0.3 ) 3.0 2.4 4.2 Total other operating expense, net $ 6.0 $ 17.4 $ 10.8 $ 186.7 (1) See Note 3 "Restructuring." (2) Estimated environmental remediation costs recorded on an undiscounted basis for a former production facility. (3) Represents stock-based compensation expense recognized for the three month period ended September 30, 2018 of $0.9 million and employer taxes related to stock option exercises of $0.2 million. Represents stock-based compensation expense recognized for the nine month period ended September 30, 2018 of $6.1 million, reduced by $3.2 million primarily due to a decrease in the estimated accrual for employer taxes related to DSUs as a result of the achievement of employer tax caps in counties outside of the United States. Represents stock-based compensation expense recognized for stock options outstanding of $7.8 million and $69.2 million for the three month and nine month periods ended September 30, 2017 and DSUs granted to employees at the date of the initial public offering of $2.0 million and $96.8 million under the 2013 Stock Incentive Plan for the three and nine month periods ended September 30, 2017. (4) Represents an insurance recovery of the Company's shareholder litigation settlement in 2014. (5) Represents costs associated with successful and/or abandoned acquisitions, including third-party expenses, post-closure integration costs and non-cash charges and credits arising from fair value purchase accounting adjustments.

Contingencies

Contingencies	9 Months Ended
	Sep. 30, 2018
Contingencies [Abstract]
Contingencies	Note 15. The Company is a party to various legal proceedings, lawsuits and administrative actions, which are of an ordinary or routine nature for a company of its size and sector. The Company believes that such proceedings, lawsuits and administrative actions will not materially adversely affect its operations, financial condition, liquidity or competitive position. A more detailed discussion of certain of these proceedings, lawsuits and administrative actions is set forth below. Asbestos and Silica Related Litigation The Company has also been named as a defendant in a number of asbestos-related and silica-related personal injury lawsuits. The plaintiffs in these suits allege exposure to asbestos or silica from multiple sources and typically the Company is one of approximately 25 or more named defendants. Predecessors to the Company sometimes manufactured, distributed and/or sold products allegedly at issue in the pending asbestos and silica-related lawsuits (the "Products"). However, neither the Company nor its predecessors ever mined, manufactured, mixed, produced or distributed asbestos fiber or silica sand, the materials that allegedly caused the injury underlying the lawsuits. Moreover, the asbestos-containing components of the Products, if any, were enclosed within the subject Products. Although the Company has never mined, manufactured, mixed, produced or distributed asbestos fiber or silica sand nor sold products that could result in a direct asbestos or silica exposure, many of the companies that did engage in such activities or produced such products are no longer in operation. This has led to law firms seeking potential alternative companies to name in lawsuits where there has been an asbestos or silica related injury. The Company believes that the pending and future asbestos and silica-related lawsuits are not likely to, in the aggregate, have a material adverse effect on its consolidated financial position, results of operations or liquidity, based on: the Company's anticipated insurance and indemnification rights to address the risks of such matters; the limited potential asbestos exposure from the Products described above; the Company's experience that the vast majority of plaintiffs are not impaired with a disease attributable to alleged exposure to asbestos or silica from or relating to the Products or for which the Company otherwise bears responsibility; various potential defenses available to the Company with respect to such matters; and the Company's prior disposition of comparable matters. However, inherent uncertainties of litigation and future developments, including, without limitation, potential insolvencies of insurance companies or other defendants, an adverse determination in the Adams County Case (discussed below), or other inability to collect from the Company's historical insurers or indemnitors, could cause a different outcome. While the outcome of legal proceedings is inherently uncertain, based on presently known facts, experience, and circumstances, the Company believes that the amounts accrued on its balance sheet are adequate and that the liabilities arising from the asbestos and silica-related personal injury lawsuits will not have a material adverse effect on the Company's consolidated financial position, results of operations or liquidity. "Accrued liabilities" and "Other liabilities" on the Condensed Consolidated Balance Sheet include a total litigation reserve of $98.3 million and $105.6 million as of September 30, 2018 and December 31, 2017, with respect to potential liability arising from the Company's asbestos-related litigation. Asbestos related defense costs are excluded from the asbestos claims liability and are recorded separately as services are incurred. In the event of unexpected future developments, it is possible that the ultimate resolution of these matters may be material to the Company's consolidated financial position, results of operation or liquidity. The Company has entered into a series of agreements with certain of its or its predecessors' legacy insurers and certain potential indemnitors to secure insurance coverage and/or reimbursement for the costs associated with the asbestos and silica-related lawsuits filed against the Company. The Company has also pursued litigation against certain insurers or indemnitors, where necessary. The Company has an insurance recovery receivable for probable asbestos related recoveries of approximately $95.9 million and $100.4 million as of September 30, 2018 and December 31, 2017, respectively, which was included in "Other assets" on the Consolidated Balance Sheets. During the nine month period ended September 30, 2018 the Company received asbestos related insurance recoveries of $10.1 million, of which $4.5 million related to the recovery of indemnity payments, and was recorded as a reduction of the insurance recovery receivable in "Other assets" on the Condensed Consolidated Balance Sheets, and $5.6 million related to reimbursement of previously expensed legal defense costs, and was recorded as a reduction of "Selling and administrative expenses" in the Condensed Consolidated Statements of Operations. The largest such recent action, Gardner Denver, Inc. v. Certain Underwriters at Lloyd's, London, et al., was filed on July 9, 2010, in the Eighth Judicial Circuit, Adams County, Illinois, as case number 10-L-48 (the "Adams County Case"). In the lawsuit, the Company seeks, among other things, to require certain excess insurer defendants to honor their insurance policy obligations to the Company, including payment in whole or in part of the costs associated with the asbestos-related lawsuits filed against the Company. In October 2011, the Company reached a settlement with one of the insurer defendants, which had issued both primary and excess policies, for approximately the amount of such defendant's policies that were subject to the lawsuit. Since then, the case has been proceeding through the discovery and motions process with the remaining insurer defendants. On January 29, 2016, the Company prevailed on the first phase of that discovery and motions process ("Phase I"). Specifically, the Court in the Adams County Case ruled that the Company has rights under all of the policies in the case, subject to their terms and conditions, even though the policies were sold to the Company's former owners rather than to the Company itself. On June 9, 2016, the Court denied a motion by several of the insurers who sought permission to appeal the Phase I ruling immediately rather than waiting until the end of the whole case as is normally required. The case is now proceeding through the discovery process regarding the remaining issues in dispute ("Phase II"). A majority of the Company's expected future recoveries of the costs associated with the asbestos-related lawsuits are the subject of the Adams County Case. The amounts recorded by the Company for asbestos-related liabilities and insurance recoveries are based on currently available information and assumptions that the Company believes are reasonable based on an evaluation of relevant factors. The actual liabilities or insurance recoveries could be higher or lower than those recorded if actual results vary significantly from the assumptions. There are a number of key variables and assumptions including the number and type of new claims to be filed each year, the resolution or outcome of these claims, the average cost of resolution of each new claim, the amount of insurance available, allocation methodologies, the contractual terms with each insurer with whom the Company has reached settlements, the resolution of coverage issues with other excess insurance carriers with whom the Company has not yet achieved settlements, and the solvency risk with respect to the Company's insurance carriers. Other factors that may affect the future liability include uncertainties surrounding the litigation process from jurisdiction to jurisdiction and from case to case, legal rulings that may be made by state and federal courts, and the passage of state or federal legislation. The Company makes the necessary adjustments for the asbestos liability and corresponding insurance recoveries on an annual basis unless facts or circumstances warrant assessment as of an interim date. Environmental Matters The Company has been identified as a potentially responsible party ("PRP") with respect to several sites designated for cleanup under U.S. federal "Superfund" or similar state laws that impose liability for cleanup of certain waste sites and for related natural resource damages. Persons potentially liable for such costs and damages generally include the site owner or operator and persons that disposed or arranged for the disposal of hazardous substances found at those sites. Although these laws impose joint and several liability on PRPs, in application the PRPs typically allocate the investigation and cleanup costs based upon the volume of waste contributed by each PRP. Based on currently available information, the Company was only a small contributor to these waste sites, and the Company has, or is attempting to negotiate, de minimis settlements for their cleanup. The cleanup of the remaining sites is substantially complete and the Company's future obligations entail a share of the sites' ongoing operating and maintenance expense. The Company is also addressing four on-site cleanups for which it is the primary responsible party. Three of these cleanup sites are in the operation and maintenance stage and one is in the implementation stage. The Company has undiscounted accrued liabilities of $7.0 million and $7.5 million as of September 30, 2018 and December 31, 2017, respectively, on its Condensed Consolidated Balance Sheet to the extent costs are known or can be reasonably estimated for its remaining financial obligations for the environmental matters discussed above and does not anticipate that any of these matters will result in material additional costs beyond amounts accrued. Based upon consideration of currently available information, the Company does not anticipate any material adverse effect on its results of operations, financial condition, liquidity or competitive position as a result of compliance with federal, state, local or foreign environmental laws or regulations, or cleanup costs relating to these matters.

Segment Results

Segment Results	9 Months Ended
	Sep. 30, 2018
Segment Results [Abstract]
Segment Results	Note 16. A description of the Company's three reportable segments, including the specific products manufactured and sold follows below. In the Industrials segment, the Company designs, manufactures, markets and services a broad range of air compression, vacuum and blower products across a wide array of technologies and applications. Almost every manufacturing and industrial facility, and many service and process industries, use air compression and vacuum products in a variety of applications such as operation of pneumatic air tools, vacuum packaging of food products and aeration of waste water. The Company maintains a leading position in its markets and serves customers globally. The Company offers comprehensive aftermarket parts and an experienced direct and distributor-based service network world-wide to complement all of its products. In the Energy segment, the Company designs, manufactures, markets and services a diverse range of positive displacement pumps, liquid ring vacuum pumps and compressors, and engineered loading systems and fluid transfer equipment, consumables, and associated aftermarket parts and services. It serves customers in the upstream, midstream, and downstream oil and gas markets, and various other markets including petrochemical processing, power generation, transportation, and general industrial. The Company is one of the largest suppliers in these markets and has long-standing customer relationships. Its positive displacement pumps are used in the oilfield for drilling, hydraulic fracturing, completion and well servicing. Its liquid ring vacuum pumps and compressors are used in many power generation, mining, oil and gas refining and processing, chemical processing and general industrial applications including flare gas and vapor recovery, geothermal gas removal, vacuum de-aeration, enhanced oil recovery, water extraction in mining and paper and chlorine compression in petrochemical operations. Its engineered loading systems and fluid transfer equipment ensure the safe handling and transfer of crude oil, liquefied natural gas, compressed natural gas, chemicals, and bulk materials. In the Medical segment, the Company designs, manufactures and markets a broad range of highly specialized gas, liquid and precision syringe pumps and compressors primarily for use in the medical, laboratory and biotechnology end markets. The Company's customers are mainly medium and large durable medical equipment suppliers that integrate the Company's products into their final equipment for use in applications such as oxygen therapy, blood dialysis, patient monitoring, wound treatment, and others. Further, with the recent acquisitions, the Company has expanded into liquid handling components and systems used in biotechnology applications including clinical analysis instrumentation. The Company also has a broad range of end use deep vacuum products for laboratory science applications. The Chief Operating Decision Maker ("CODM") evaluates the performance of the Company's reportable segments based on, among other measures, Segment Adjusted EBITDA. Management closely monitors the Segment Adjusted EBITDA of each reportable segment to evaluate past performance and actions required to improve profitability. Inter-segment sales and transfers are not significant. Administrative expenses related to the Company's corporate offices and shared service centers in the United States and Europe, which includes transaction processing, accounting and other business support functions, are allocated to the business segments. Certain administrative expenses, including senior management compensation, treasury, internal audit, tax compliance, certain information technology, and other corporate functions, are not allocated to the business segments. The following table provides summarized information about the Company's operations by reportable segment and reconciles Segment Adjusted EBITDA to Income (Loss) Before Income Taxes for the three month and nine month periods ended September 30, 2018 and 2017. For the Three Month Period Ended September 30, For the Nine Month Period Ended September 30, 2018 2017 2018 2017 Revenue Industrials $ 320.0 $ 288.2 $ 965.7 $ 819.0 Energy 298.8 301.6 814.1 719.4 Medical 70.5 59.8 197.3 172.0 Total Revenue $ 689.3 $ 649.6 $ 1,977.1 $ 1,710.4 Segment Adjusted EBITDA Industrials $ 72.1 $ 63.1 $ 210.0 $ 173.7 Energy 94.9 98.6 242.5 199.2 Medical 20.5 16.8 54.4 46.9 Total Segment Adjusted EBITDA $ 187.5 $ 178.5 $ 506.9 $ 419.8 Less items to reconcile Segment Adjusted EBITDA to Income (Loss) Before Income Taxes (1) Corporate expenses not allocated to segments (a) $ 5.3 $ 13.8 $ 14.8 $ 30.9 Interest expense 24.4 30.1 76.5 115.4 Depreciation and amortization expense 44.4 43.5 134.6 126.9 Sponsor fees and expenses (b) - - - 17.3 Restructuring and related business transformation costs (c) 12.3 6.3 25.2 20.5 Acquisition related expenses and non-cash charges (d) 2.8 1.2 13.1 3.1 Environmental remediation loss reserve (e) - - - 0.9 Expenses related to public stock offerings (f) 0.3 0.5 2.2 3.6 Establish public company financial reporting compliance (g) 1.3 3.8 3.2 7.2 Stock-based compensation (h) 1.1 9.8 2.9 166.0 Foreign currency transaction (gains) losses, net (0.8 ) 1.7 (0.6 ) 6.3 Loss on extinguishment of debt (i) 0.9 34.1 1.0 84.5 Shareholder litigation settlement recoveries (j) - - (4.5 ) - Other adjustments (k) 0.7 1.3 0.4 3.5 Income (Loss) Before Income Taxes $ 94.8 $ 32.4 $ 238.1 $ (166.3 ) (1) The reconciling items for the three month and nine month periods ended September 30, 2017 have been reclassified to conform to the methodology used in the three and nine month periods ended September 30, 2018, and include the following. (a) Includes insurance recoveries of asbestos legal fees of $5.6 million in the nine month period ended September 30, 2018. (b) Represents management fees and expenses paid to the Company's Sponsor. (c) Restructuring and related business transformation costs consist of the following. For the Three Month Period Ended September 30, For the Nine Month Period Ended September 30, 2018 2017 2018 2017 Restructuring charges $ 5.4 $ 2.8 $ 5.4 $ 4.9 Severance, sign-on, relocation and executive search costs (0.1 ) 0.6 3.8 2.2 Facility reorganization, relocation and other costs 1.1 1.0 2.4 3.9 Information technology infrastructure transformation 0.3 0.8 0.5 3.4 Losses (gains) on asset and business disposals 0.1 (0.6 ) (1.1 ) 2.0 Consultant and other advisor fees 3.4 0.5 10.0 1.7 Other, net 2.1 1.2 4.2 2.4 Total restructuring and related business transformation costs $ 12.3 $ 6.3 $ 25.2 $ 20.5 (d) Represents costs associated with successful and/or abandoned acquisitions, including third-party expenses, post-closure integration costs and non-cash charges and credits arising from fair value purchase accounting adjustments. (e) Represents estimated environmental remediation costs and losses relating to a former production facility. (f) Represents expenses related to the Company's initial public offering and subsequent secondary offerings. (g) Represents third party expenses to comply with the requirements of Sarbanes-Oxley in 2018 and the accelerated adoption of new accounting standards (ASC 606 – Revenue from Contracts with Customers Leases (h) Represents stock-based compensation expense recognized for the three month period ended September 30, 2018 of $0.9 million and employer taxes related to stock option exercises of $0.2 million. Represents stock-based compensation expense recognized for the nine month period ended September 30, 2018 of $6.1 million, reduced by $3.2 million primarily due to a decrease in the estimated accrual for employer taxes related to DSUs as a result of the achievement of employer tax caps in countries outside of the United States. Represents stock-based compensation expense recognized for stock options outstanding of $7.8 million and $69.2 million for the three month and nine month periods ended September 30, 2017 and DSUs granted to employees at the date of the initial public offering of $2.0 million and $96.8 million under the 2013 Stock Incentive Plan for the three and nine month periods ended September 30, 2017. (i) Represents losses on extinguishment of the senior notes and a portion of the U.S. Term Loan and losses reclassified from AOCI into income related to the amendment of the interest rate swaps in conjunction with the debt repayment. (j) Represents an insurance recovery of the Company's shareholder litigation settlement in 2014. (k) Includes (i) the effects of the amortization of prior service costs and the amortization of gains in pension and other postretirement benefits (OPEB) expense, (ii) certain legal and compliance costs and (iii) other miscellaneous adjustments.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2018
Related Party Transactions [Abstract]
Related Party Transactions	Note 17. Affiliates of KKR participated as (i) a lender in the Company's Senior Secured Credit Facilities discussed in Note 8, "Debt," (ii) an underwriter in the Company's initial public offering, and (iii) a provider of services for the fiscal year 2017 debt refinancing transaction. KKR held a position in the Euro Term Loan Facility of €38.6 million as of September 30, 2018. The Company entered into a monitoring agreement, dated July 30, 2013, with KKR pursuant to which KKR provided management, consulting and financial advisory services to the Company and its divisions, subsidiaries, parent entities and controlled affiliates. Under the terms of the monitoring agreement the Company was, among other things, obligated to pay KKR (or such affiliate(s) as KKR designates) an aggregate annual management fee in the initial annual amount of $3.5 million, payable in arrears at the end of each fiscal quarter, plus upon request all reasonable out of pocket expenses incurred in connection with the provision of services under the agreement. The management fee increased at a rate of 5% per year effective on January 1, 2014. In May 2017, in connection with the Company's initial public offering, the monitoring agreement was terminated and the Company paid a termination fee of $16.2 million during the nine month period ended September 30, 2017 which was included in the "Selling and administrative expenses" line of the Condensed Consolidated Statements of Operations. The Company incurred management fees, excluding the termination fee, to KKR of $1.1 million and no out of pocket expenses for the nine month period ended September 30, 2017.

Earnings (Loss) Per Share

Earnings (Loss) Per Share	9 Months Ended
	Sep. 30, 2018
Earnings (Loss) Per Share [Abstract]
Earnings (Loss) Per Share	Note 18. The computations of basic and diluted loss per share are as follows. For the Three Month Period Ended September 30, For the Nine Month Period Ended September 30, 2018 2017 2018 2017 Net income (loss) $ 72.2 $ 28.0 $ 174.9 $ (125.1 ) Less: Net income attributable to noncontrolling interests - - - 0.1 Net income (loss) attributable to Gardner Denver Holdings, Inc. $ 72.2 $ 28.0 $ 174.9 $ (125.2 ) Average shares outstanding: Basic 201.9 201.3 201.8 175.7 Diluted 209.1 208.1 209.6 175.7 Income (loss) per share: Basic $ 0.36 $ 0.14 $ 0.87 $ (0.71 ) Diluted $ 0.35 $ 0.13 $ 0.83 $ (0.71 ) The DSUs described in Note 15, "Stock-Based Compensation" of the Consolidated Financial Statements in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2017 are considered outstanding shares for the purpose of computing basic earnings (loss) per share because they will become issued solely upon the passage of time. As of September 30, 2018, there was 0.8 million anti-dilutive shares that were not included in the computation of diluted earnings per share. For the nine month period ended September 30, 2017, there was 12.3 million of potentially dilutive stock-based awards that were not included in the computation of diluted loss per share because their inclusion would be anti-dilutive.

Share Repurchase Program

Share Repurchase Program	9 Months Ended
	Sep. 30, 2018
Share Repurchase Program [Abstract]
Share Repurchase Program	Note 19. On August 1, 2018, the Board of Directors of Gardner Denver authorized a share repurchase program pursuant to which the Company may repurchase up to $250.0 million of its common stock over the next two years, effective immediately and through July 31, 2020, the date on which the repurchase program will expire. Under the repurchase program, Gardner Denver is authorized to repurchase shares through open market purchases, privately-negotiated transactions or otherwise in accordance with all applicable securities laws and regulations, including through Rule 10b5-1 trading plans and under Rule 10b-18 of the Securities Act of 1934. The share repurchase program does not obligate Gardner Denver to acquire any particular amount of common stock, and it may be suspended or terminated at any time at the Company's discretion. The timing and amount of any purchases of common stock will be based on Gardner Denver's liquidity, general business and market conditions, debt covenant restrictions and other factors, including alternative investment opportunities and Gardner Denver's desire to repay indebtedness. During the three and nine month period ended September 30, 2018, the Company repurchased 223,911 shares under the August 1, 2018 program at a weighted average price of $24.86 per share for an aggregate value of $5.6 million.

Condensed Consolidated Financ_2

Condensed Consolidated Financial Statements (Policies)	9 Months Ended
	Sep. 30, 2018
Condensed Consolidated Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation Gardner Denver Holdings, Inc. is a holding company whose operating subsidiaries are Gardner Denver, Inc. (“GDI”) and certain of GDI’s subsidiaries. GDI is a diversified, global manufacturer of highly engineered, application-critical flow control products and provider of related aftermarket parts and services. The accompanying condensed consolidated financial statements include the accounts of Gardner Denver Holdings, Inc. and its majority-owned subsidiaries (collectively referred to herein as “Gardner Denver” or the “Company”). The financial information presented as of any date other than December 31, 2017 has been prepared from the books and records of the Company without audit. The accompanying condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, the condensed consolidated financial statements include all adjustments, consisting of adjustments associated with acquisition accounting and normal recurring adjustments, necessary for the fair presentation of such financial statements. All intercompany transactions and accounts have been eliminated in consolidation. The Company’s unaudited interim condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2017, filed with the Securities and Exchange Commission (“SEC”). The results of operations for the interim periods ended September 30, 2018 are not necessarily indicative of the results to be expected for the full year. The balance sheet as of December 31, 2017 has been derived from the Company’s audited financial statements as of that date but does not include all of the information and notes required by GAAP for complete financial statements. In May 2017, the Company sold a total of 47,495,000 shares of common stock in an initial public offering of shares of common stock. On November 15, 2017 and May 2, 2018, the Company completed secondary offerings of 25,300,000 shares and 30,533,478 shares respectively, of common stock held by affiliates of Kohlberg Kravis Roberts & Co. L.P. (“KKR”). As a result of the May 2018 secondary offering, the Company is no longer considered a “controlled company” within the meaning of the corporate governance standards of the New York Stock Exchange (“NYSE”). KKR currently owns 90,721,409 shares of common stock, or approximately 46% of the total outstanding common stock based on the number of shares outstanding as of September 30, 2018.
Prior Year Reclassification	Prior Year Reclassification In the first quarter of fiscal year 2018, the Company adopted the provisions of ASU 2017-07, Compensation – Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost Adopted Accounting Standard Updates
Adopted Accounting Standard Updates ("ASU")	Adopted Accounting Standard Updates (“ASU”) ASU 2014-09, Revenue from Contracts with Customers (Topic 606) On January 1, 2018, the Company adopted Financial Accounting Standards Board (“FASB”) ASU 2014-09, Revenue from Contracts with Customers (Topic 606) In conjunction with the adoption of ASC 606, the Company updated its significant accounting policy related to revenue recognition disclosed in Note 1 “Summary of Significant Accounting Policies” of the Consolidated Financial Statements in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2017. An overview of the Company’s revenue recognition policy under ASC 606 is included in Note 12 “Revenue from Contracts with Customers.” Results for the three month and nine month periods ended September 30, 2018 are presented under ASC 606. Prior periods are not adjusted and will continue to be reported in accordance with ASC 605 Revenue Recognition The following table summarizes the impacts of adopting ASC 606 on the Company’s Condensed Consolidated Statements of Operations for the three month period ended September 30, 2018. Condensed Consolidated Statements of Operations As Reported Adjustments Balance Without Adoption of ASC 606 Revenues $ 689.3 $ (8.7 ) $ 680.6 Cost of sales 426.9 (5.4 ) 421.5 Provision (benefit) for income taxes 22.6 (0.8 ) 21.8 Net Income (Loss) 72.2 (2.5 ) 69.7 The following table summarizes the impacts of adopting ASC 606 on the Company’s Condensed Consolidated Statements of Operations for the nine month period ended September 30, 2018. Condensed Consolidated Statements of Operations As Reported Adjustments Balance Without Adoption of ASC 606 Revenues $ 1,977.1 $ (18.1 ) $ 1,959.0 Cost of sales 1,233.6 (11.2 ) 1,222.4 Provision (benefit) for income taxes 63.2 (1.8 ) 61.4 Net Income (Loss) 174.9 (5.1 ) 169.8 The following table summarizes the impacts of adopting ASC 606 on the Company’s Condensed Consolidated Balance Sheets as of September 30, 2018. Condensed Consolidated Balance Sheets As Reported Adjustments Balance Without Adoption of ASC 606 Assets Inventories $ 550.1 $ 11.2 $ 561.3 Other current assets (1) 63.4 (11.2 ) 52.2 Liabilities and Stockholders' Equity Accrued liabilities 258.9 5.1 264.0 Accumulated deficit (403.2 ) (5.1 ) (408.3 ) (1) Adjustment represents “Contract asset.” See Note 12 “Revenue from Contracts with Customers” for an explanation of the Contract assets account included in “Other current assets” in the Condensed Consolidated Balance Sheets. ASU 2017-07 Compensation – Retirement Benefits (Topic 715) – Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost The Company adopted FASB ASU 2017-07 on January 1, 2018, the adoption date. The Company applied ASU 2017-07 retrospectively for the presentation of the service cost component and the other components of net periodic benefit cost in the income statement and prospectively for the capitalization of the service cost component of net periodic benefit cost in assets. ASU 2017-07 allows the Company to use the amounts disclosed in its pension and other postretirement benefit plan note for the prior comparative periods as the estimation basis for applying the retrospective presentation requirements. Applying the practical expedient, the Company reclassified $0.1 million and $0.2 million of expenses from “Selling and administrative expenses” to “Other income, net” within the Condensed Consolidated Statements of Operations for the three month and nine month periods ended September 30, 2017. ASU 2017-12 Derivatives and Hedging (Topic 815) – Targeted Improvements to Accounting for Hedging Activities The Company early adopted FASB ASU 2017-12, Derivatives and Hedging (Topic 815) – Targeted Improvements to Accounting for Hedging Activities
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) The Company established an implementation team and selected a third party lease accounting software solution which will serve as a central repository of active leases and assist in the compliance with the new reporting requirements. The implementation team has been reassessing business processes, drafting an internal policy to address the new standard, extracting lease data for inclusion in the new lease software, determining a process to identify and update the Company’s incremental borrowing rate and understanding the impact on disclosures. The team is also determining which practical expedients to elect. The Company is still finalizing its evaluation of the impact of the new lease standard on its condensed consolidated financial statements and expects to record right of use assets and lease liabilities for its operating leases on its condensed consolidated balance sheets. The Company will adopt the new standard utilizing the optional transition method. In March 2018, the FASB issued ASU 2018-02, Income Statement – Reporting Comprehensive Income (Topic 220) In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement In August 2018, the FASB issued ASU 2018-14, Disclosure Framework – Changes to the Disclosure Requirements for Defined Benefit Plans In August 2018, the FASB issued ASU 2018-15, Intangibles – Goodwill and Other – Internal-Use Software (Subtopic 350-40); Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract.

Condensed Consolidated Financ_3

Condensed Consolidated Financial Statements (Tables)	9 Months Ended
	Sep. 30, 2018
Condensed Consolidated Financial Statements [Abstract]
Impacts of Adopting ASC 606 on the Company's Condensed Consolidated Financial Statements	The following table summarizes the impacts of adopting ASC 606 on the Company’s Condensed Consolidated Statements of Operations for the three month period ended September 30, 2018. Condensed Consolidated Statements of Operations As Reported Adjustments Balance Without Adoption of ASC 606 Revenues $ 689.3 $ (8.7 ) $ 680.6 Cost of sales 426.9 (5.4 ) 421.5 Provision (benefit) for income taxes 22.6 (0.8 ) 21.8 Net Income (Loss) 72.2 (2.5 ) 69.7 The following table summarizes the impacts of adopting ASC 606 on the Company’s Condensed Consolidated Statements of Operations for the nine month period ended September 30, 2018. Condensed Consolidated Statements of Operations As Reported Adjustments Balance Without Adoption of ASC 606 Revenues $ 1,977.1 $ (18.1 ) $ 1,959.0 Cost of sales 1,233.6 (11.2 ) 1,222.4 Provision (benefit) for income taxes 63.2 (1.8 ) 61.4 Net Income (Loss) 174.9 (5.1 ) 169.8 The following table summarizes the impacts of adopting ASC 606 on the Company’s Condensed Consolidated Balance Sheets as of September 30, 2018. Condensed Consolidated Balance Sheets As Reported Adjustments Balance Without Adoption of ASC 606 Assets Inventories $ 550.1 $ 11.2 $ 561.3 Other current assets (1) 63.4 (11.2 ) 52.2 Liabilities and Stockholders' Equity Accrued liabilities 258.9 5.1 264.0 Accumulated deficit (403.2 ) (5.1 ) (408.3 ) (1) Adjustment represents “Contract asset.” See Note 12 “Revenue from Contracts with Customers” for an explanation of the Contract assets account included in “Other current assets” in the Condensed Consolidated Balance Sheets.

Business Combinations (Tables)

Business Combinations (Tables)	9 Months Ended
	Sep. 30, 2018
Business Combinations [Abstract]
Revenues and Operating Income	The following table summarizes the revenue and operating income of these acquisitions for the periods presented subsequent to their date of acquisition. Three Month Periods Ended September 30, Nine Month Periods Ended September 30, 2018 2017 2018 2017 Revenue $ 25.3 $ 5.9 $ 63.1 $ 7.9 Operating income 2.0 0.5 3.2 0.6

Restructuring (Tables)

Restructuring (Tables)	9 Months Ended
	Sep. 30, 2018
Restructuring [Abstract]
Activity Associated With Restructuring Programs	The following table summarizes the activity associated with these restructuring programs for the nine month period ended September 30, 2017. Balance as of December 31, 2016 $ 20.9 Charged to expense - termination benefits 1.9 Charged to expense - other 3.0 Payments (17.3 ) Other, net 1.0 Balance as of September 30, 2017 $ 9.5 The following table summarizes the activity associated with this restructuring program for the nine month period ended September 30, 2018. Balance as of December 31, 2017 $ - Charged to expense - termination benefits 4.9 Charged to expense - other 0.5 Payments (1.0 ) Other, net - Balance as of September 30, 2018 $ 4.4

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2018
Inventories [Abstract]
Inventories	Inventories as of September 30, 2018 and December 31, 2017 consisted of the following. September 30, 2018 December 31, 2017 Raw materials, including parts and subassemblies $ 368.1 $ 362.6 Work-in-process 84.6 57.9 Finished goods 84.0 60.6 536.7 481.1 Excess of LIFO costs over FIFO costs 13.4 13.4 Inventories $ 550.1 $ 494.5

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2018
Goodwill and Other Intangible Assets [Abstract]
Goodwill Attributable to Each Reportable Segment	The changes in the carrying amount of goodwill attributable to each reportable segment for the nine month period ended September 30, 2018 is presented in the table below. Industrials Energy Medical Total Balance as of December 31, 2017 $ 561.6 $ 460.2 $ 205.8 $ 1,227.6 Acquisition 63.6 8.7 - 72.3 Foreign currency translation and other (1) (16.7 ) (12.4 ) (2.4 ) (31.5 ) Balance as of September 30, 2018 $ 608.5 $ 456.5 $ 203.4 $ 1,268.4 (1) During the nine month period ended September 30, 2018, the Company recorded a decrease in goodwill of $0.2 million as a result of measurement period adjustments in the Industrials segment.
Intangible Assets	Other intangible assets as of September 30, 2018 and December 31, 2017 consisted of the following. September 30, 2018 December 31, 2017 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Amortized intangible assets: Customer lists and relationships $ 1,209.9 $ (542.6 ) $ 1,226.8 $ (473.0 ) Technology 21.9 (4.6 ) 8.1 (4.0 ) Trademarks 37.1 (12.4 ) 30.3 (10.6 ) Backlog 69.1 (68.0 ) 65.5 (65.5 ) Other 57.3 (28.8 ) 53.6 (23.5 ) Unamortized intangible assets: Trademarks 617.9 - 623.5 - Total other intangible assets $ 2,013.2 $ (656.4 ) $ 2,007.8 $ (576.6 )
Amortization of Intangible Assets	Amortization of intangible assets for the three and nine month periods ended September 30, 2018 and 2017 were as follows. Three Month Period Ended September 30, Nine Month Period Ended September 30, 2018 2017 2018 2017 Intangible asset amortization expense $ 31.0 $ 29.5 $ 93.4 $ 87.6

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	9 Months Ended
	Sep. 30, 2018
Accrued Liabilities [Abstract]
Accrued Liabilities	Accrued liabilities as of September 30, 2018 and December 31, 2017 consisted of the following. September 30, 2018 December 31, 2017 Salaries, wages and related fringe benefits $ 67.7 $ 97.3 Restructuring 6.4 6.5 Taxes 15.5 34.5 Contract liabilities (1) 90.5 42.7 Product warranty 24.5 22.3 Accrued interest 0.7 0.8 Other 53.6 67.1 Total accrued liabilities $ 258.9 $ 271.2 (1) For purposes of comparability, “Advance payments on sales contracts” as of December 31, 2017 was reclassified to “Contract liabilities.” See Note 12 “Revenue from Contracts with Customers” for an explanation of the Contract liabilities account included in “Accrued liabilities” in the Condensed Consolidated Balance Sheets.
Accrued Product Warranty Liability	A reconciliation of the changes in the accrued product warranty liability for the three and nine month periods ended September 30, 2018 and 2017 are as follows. Three Month Period Ended September 30, 2018 Three Month Period Ended September 30, 2017 Nine Month Period Ended September 30, 2018 Nine Month Period Ended September 30, 2017 Balance at beginning of period $ 23.9 $ 21.7 $ 22.3 $ 21.7 Product warranty accruals 6.9 6.7 18.5 17.8 Settlements (6.2 ) (5.0 ) (16.8 ) (17.1 ) Charged to other accounts (1) (0.1 ) 0.2 0.5 1.2 Balance at end of period $ 24.5 $ 23.6 $ 24.5 $ 23.6 (1) Includes primarily the effects of foreign currency translation adjustments for the Company’s subsidiaries with functional currencies other than the USD, and changes in the accrual related to acquisitions.

Pension and Other Postretirem_2

Pension and Other Postretirement Benefits (Tables)	9 Months Ended
	Sep. 30, 2018
Pension and Other Postretirement Benefits [Abstract]
Net Periodic Benefit Cost	The following table summarizes the components of net periodic benefit cost for the Company’s defined benefit pension plans and other postretirement benefit plans recognized for the three and nine month periods ended September 30, 2018 and 2017. Pension Benefits Other Postretirement U.S. Plans Non-U.S. Plans Benefits Three Month Period Ended September 30, 2018 Nine Month Period Ended September 30, 2018 Three Month Period Ended September 30, 2018 Nine Month Period Ended September 30, 2018 Three Month Period Ended September 30, 2018 Nine Month Period Ended September 30, 2018 Service cost $ - $ - $ 0.4 $ 1.4 $ - $ - Interest cost 0.5 1.5 1.8 5.7 - 0.1 Expected return on plan assets (1.2 ) (3.5 ) (2.8 ) (8.8 ) - - Recognition of: Unrecognized prior service cost - - - - - - Unrecognized net actuarial loss - - 0.5 1.4 - - $ (0.7 ) $ (2.0 ) $ (0.1 ) $ (0.3 ) $ - $ 0.1 Pension Benefits Other Postretirement U.S. Plans Non-U.S. Plans Benefits Three Month Period Ended September 30, 2017 Nine Month Period Ended September 30, 2017 Three Month Period Ended September 30, 2017 Nine Month Period Ended September 30, 2017 Three Month Period Ended September 30, 2017 Nine Month Period Ended September 30, 2017 Service cost $ - $ - $ 0.5 $ 1.4 $ - $ - Interest cost 0.6 1.7 2.0 5.8 - 0.1 Expected return on plan assets (1.1 ) (3.3 ) (2.7 ) (7.7 ) - - Recognition of: Unrecognized prior service cost - - - - - - Unrecognized net actuarial loss - - 1.3 3.7 - - $ (0.5 ) $ (1.6 ) $ 1.1 $ 3.2 $ - $ 0.1

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2018
Debt [Abstract]
Debt	The Company’s debt as of September 30, 2018 and December 31, 2017 is summarized as follows. September 30, 2018 December 31, 2017 Short-term borrowings $ - $ - Long-term debt Revolving credit facility, due 2020 $ - $ - Receivables financing agreement, due 2020 - - Term loan denominated in U.S. dollars, due 2024 (1) 1,025.9 1,282.3 Term loan denominated in Euros, due 2024 (2) 706.7 735.9 Capitalized leases and other long-term debt 26.4 26.9 Unamortized debt issuance costs (3.7 ) (4.9 ) Total long-term debt, net, including current maturities 1,755.3 2,040.2 Current maturities of long-term debt 7.9 20.9 Total long-term debt, net $ 1,747.4 $ 2,019.3 (1) As of September 30, 2018, the applicable interest rate was 4.99% and the weighted-average rate was 4.78% for the nine month period ended September 30, 2018. (2) As of September 30, 2018, the applicable interest rate was 3.00% and the weighted-average rate was 3.00% for the nine month period ended September 30, 2018.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2018
Stock-Based Compensation [Abstract]
Assumptions Used to Estimate Fair Value of Options Granted	The following assumptions were used to estimate the fair value of options granted (excluding previously disclosed modified awards) during the nine month periods ended September 30, 2018 and 2017 using the Black-Scholes option-pricing model. Nine Month Period Ended September 30, 2018 Nine Month Period Ended September 30, 2017 Assumptions: Expected life of options (in years) 7.0 - 7.5 5.0 - 6.3 Risk-free interest rate 2.9% - 3.0 % 1.9% - 2.1 % Assumed volatility 34.4 - 35.4 41.2 - 45.8 % Expected dividend rate 0.0 % 0.0 %
Stock-Based Award Plan Activity	A summary of the Company’s stock option (including SARs) activity for the nine month period ended September 30, 2018 is presented in the following table (underlying shares in thousands). Shares Weighted-Average Exercise Price (per share) Outstanding at December 31, 2017 12,834 $ 9.54 Granted 848 $ 31.74 Exercised or settled (752 ) $ 8.36 Forfeited (433 ) $ 16.21 Outstanding at September 30, 2018 12,497 $ 10.88 Vested at September 30, 2018 8,612 $ 9.03
Restricted Stock Unit Activity	A summary of the Company’s restricted stock unit activity for the nine month period ended September 30, 2018 is presented in the following table (underlying shares in thousands). Shares Weighted-Average Grant-Date Fair Value Non-vested as of December 31, 2017 - $ - Granted 365 $ 31.84 Vested - $ - Forfeited (10 ) $ 32.06 Non-vested as of September 30, 2018 355 $ 31.83

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive (Loss) Income (Tables)	9 Months Ended
	Sep. 30, 2018
Accumulated Other Comprehensive (Loss) Income [Abstract]
Other Comprehensive (Loss) Income	The before tax income (loss) and related income tax effect are as follows. For the Three Month Period Ended September 30, 2018 For the Nine Month Period Ended September 30, 2018 Before-Tax Amount Tax (Expense) or Benefit Net of Tax Amount Before-Tax Amount Tax (Expense) or Benefit Net of Tax Amount Foreign currency translation adjustments, net $ (21.9 ) $ - $ (21.9 ) $ (70.0 ) $ - $ (70.0 ) Foreign currency gains, net 4.7 (1.1 ) 3.6 24.4 (5.7 ) 18.7 Unrecognized gains on cash flow hedges, net 5.8 (1.4 ) 4.4 27.1 (6.6 ) 20.5 Pension and other postretirement benefit prior service cost and gain or loss, net 1.0 (0.1 ) 0.9 3.0 0.9 3.9 Other comprehensive loss $ (10.4 ) $ (2.6 ) $ (13.0 ) $ (15.5 ) $ (11.4 ) $ (26.9 ) For the Three Month Period Ended September 30, 2017 For the Nine Month Period Ended September 30, 2017 Before-Tax Amount Tax (Expense) or Benefit Net of Tax Amount Before-Tax Amount Tax (Expense) or Benefit Net of Tax Amount Foreign currency translation adjustments, net $ 41.5 $ - $ 41.5 $ 131.4 $ - $ 131.4 Foreign currency losses, net (23.5 ) 8.7 (14.8 ) (71.2 ) 26.9 (44.3 ) Unrecognized gains (losses) on cash flow hedges, net 5.5 (1.5 ) 4.0 8.9 (3.4 ) 5.5 Pension and other postretirement benefit prior service cost and gain or loss, net (1.1 ) 0.5 (0.6 ) (3.4 ) 1.5 (1.9 ) Other comprehensive income $ 22.4 $ 7.7 $ 30.1 $ 65.7 $ 25.0 $ 90.7
Changes in Accumulated Other Comprehensive (Loss) Income	Changes in accumulated other comprehensive (loss) income by component for the nine month periods ended September 30, 2018 and 2017 are presented in the following tables (1) Cumulative Currency Translation Adjustment Foreign Currency Gains and (Losses) Unrealized (Losses) Gains on Cash Flow Hedges Pension and Postretirement Benefit Plans Total Balance as of December 31, 2017 $ (166.6 ) $ 37.0 $ (29.8 ) $ (40.4 ) $ (199.8 ) Other comprehensive (loss) income before reclassifications (70.0 ) 18.7 11.5 2.8 (37.0 ) Amounts reclassified from accumulated other comprehensive (loss) income - - 9.0 1.1 10.1 Other comprehensive (loss) income (70.0 ) 18.7 20.5 3.9 (26.9 ) Cumulative effect adjustment upon adoption of new accounting standard (ASU 2017-12) - - 0.3 - 0.3 Balance as of September 30, 2018 $ (236.6 ) $ 55.7 $ (9.0 ) $ (36.5 ) $ (226.4 ) Cumulative Currency Translation Adjustment Foreign Currency Gains and (Losses) Unrealized (Losses) Gains on Cash Flow Hedges Pension and Postretirement Benefit Plans Total Balance as of December 31, 2016 $ (324.2 ) $ 88.6 $ (42.2 ) $ (64.6 ) $ (342.4 ) Other comprehensive income (loss) before reclassifications 131.4 (44.3 ) (3.1 ) (4.2 ) 79.8 Amounts reclassified from accumulated other comprehensive (loss) income - - 8.6 2.3 10.9 Other comprehensive income (loss) 131.4 (44.3 ) 5.5 (1.9 ) 90.7 Balance as of September 30, 2017 $ (192.8 ) $ 44.3 $ (36.7 ) $ (66.5 ) $ (251.7 ) (1) All amounts are net of tax. Amounts in parentheses indicate debits.
Reclassifications out of Accumulated Other Comprehensive (Loss) Income	Reclassifications out of accumulated other comprehensive (loss) income for the nine month periods ended September 30, 2018 and 2017 are presented in the following table. Amount Reclassified from Accumulated Other Comprehensive (Loss) Income Details about Accumulated Other Comprehensive (Loss) Income Components For the Nine Month Period Ended September 30, 2018 For the Nine Month Period Ended September 30, 2017 Affected Line in the Statement Where Net Income is Presented Loss on cash flow hedges Interest rate swaps $ 11.8 $ 13.9 Interest expense 11.8 13.9 Total before tax (2.8 ) (5.3 ) Benefit for income taxes $ 9.0 $ 8.6 Net of tax Amortization of defined benefit pension and other postretirement benefit items $ 1.4 $ 3.7 (1) 1.4 3.7 Total before tax (0.3 ) (1.4 ) Benefit for income taxes $ 1.1 $ 2.3 Net of tax Total reclassifications for the period $ 10.1 $ 10.9 Net of tax (1) These components are included in the computation of net periodic benefit cost. See Note 7 “Pension and Other Postretirement Benefits” for additional details.

Hedging Activities and Fair V_2

Hedging Activities and Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2018
Hedging Activities and Fair Value Measurements [Abstract]
Notional Amounts, Fair Values and Classification of Outstanding Derivatives by Risk Category and Instrument Type	The following table summarizes the notional amounts, fair values and classification of the Company’s outstanding derivatives by risk category and instrument type within the Condensed Consolidated Balance Sheets as of September 30, 2018 and December 31, 2017. September 30, 2018 Derivative Classification Notional Amount (1) Fair Value (1) Other Current Assets Fair Value (1) Other Assets Fair Value (1) Accrued Liabilities Fair Value (1) Other Liabilities Derivatives Designated as Hedging Instruments Interest rate swap contracts Cash Flow $ 1,025.0 $ - $ - $ 3.4 $ 14.2 Derivatives Not Designated as Hedging Instruments Foreign currency forwards Fair Value $ 26.5 $ - $ - $ 0.3 $ - December 31, 2017 Derivative Classification Notional Amount (1) Fair Value (1) Other Current Assets Fair Value (1) Other Assets Fair Value (1) Accrued Liabilities Fair Value (1) Other Liabilities Derivatives Designated as Hedging Instruments Interest rate swap contracts Cash Flow $ 1,125.0 $ - $ - $ 16.1 $ 30.6 Derivatives Not Designated as Hedging Instruments Foreign currency forwards Fair Value $ 94.4 $ - $ - $ 1.2 $ - (1) Notional amounts represent the gross contract amounts of the outstanding derivatives excluding the total notional amount of positions that have been effectively closed through offsetting positions. The net gains and net losses associated with positions that have been effectively closed through offsetting positions but not yet settled are included in the asset and liability derivatives fair value columns, respectively.
Gains and Losses on Derivatives Designated as Cash Flow Hedges	Gains and losses on derivatives designated as cash flow hedges included in the Condensed Consolidated Statements of Comprehensive (Loss) Income for the three and nine month periods ended September 30, 2018 and 2017, are as presented in the table below. See Note 1 “Condensed Consolidated Financial Statements” for a discussion of the adoption of ASU 2017-12. For the Three Month Periods Ended September 30, For the Nine Month Periods Ended September 30, 2018 2017 2018 2017 Interest rate swap contracts Gain (loss) recognized in AOCI on derivatives $ 1.8 $ 1.4 $ 15.2 $ (4.9 ) Loss reclassified from AOCI into income (effective portion) (1) (3.3 ) (4.1 ) (11.2 ) (13.9 ) Loss reclassified from AOCI into income (missed forecast) (2) (0.6 ) - (0.6 ) - (1) Losses on derivatives reclassified from accumulated other comprehensive income (“AOCI”) into income (effective portion) were included in “Interest expense” in the Condensed Consolidated Statements of Operations, the same income statement line item as the earnings effect of the hedged item. (2) During the three month period ended September 30, 2018, the Company used excess cash to pay down $150.0 million of its Dollar Term Loan Facility. Due to this unforecasted pay down of debt, the Company paid $2.7 million in the amendment of the interest rate swap contracts to reflect the updated forecasted cash flows. The updated forecasts caused certain hedged items to be deemed probable of not occurring in the future and thus, the Company accelerated the release of AOCI related to those hedged items. Losses reclassified from AOCI into income (missed forecast) were included in “Loss on extinguishment of debt” in the Condensed Consolidated Statements of Operations.
(Losses) Gains on Derivative Instruments Not Designated as Accounting Hedges and Total Net Foreign Currency (Losses) Gains	The Company’s (losses) gains on derivative instruments not designated as accounting hedges and total net foreign currency (losses) gains for the three and nine month periods ended September 30, 2018 and 2017 were as follows. For the Three Month Periods Ended September 30, For the Nine Month Periods Ended September 30, 2018 2017 2018 2017 Foreign currency forward contracts (losses) gains $ (0.4 ) $ (1.8 ) $ 5.8 $ (6.7 ) Total foreign currency transaction gains (losses), net 0.8 (1.7 ) 0.6 (6.3 )
Changes in Value of Debt and Designated Interest Rate Swaps	The Company’s gains and (losses), net of income tax, associated with changes in the value of debt and designated cross currency interest rate swaps for the three and nine month periods ended September 30, 2018 and 2017 and the net balance of such gains and (losses) included in accumulated other comprehensive (loss) income as of September 30, 2018 and 2017 were as follows. For the Three Month Periods Ended September 30, For the Nine Month Periods Ended September 30, 2018 2017 2018 2017 Gain (loss), net of income tax, recorded through other comprehensive income $ 3.5 $ (13.6 ) $ 18.0 $ (43.2 ) Balance included in accumulated other comprehensive (loss) income as of September 30, 2018 and 2017, respectively $ 50.1 $ 39.2
Assets and Liabilities Measured at Fair Value	The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis as of September 30, 2018. Level 1 Level 2 Level 3 Total Financial Assets Trading securities held in deferred compensation plan (1) $ 6.3 $ - $ - $ 6.3 Total $ 6.3 $ - $ - $ 6.3 Financial Liabilities Foreign currency forwards (2) $ - $ 0.3 $ - $ 0.3 Interest rate swaps (3) - 17.6 - 17.6 Deferred compensation plan (1) 6.3 - - 6.3 Total $ 6.3 $ 17.9 $ - $ 24.2 (1) Based on the quoted price of publicly traded mutual funds which are classified as trading securities and accounted for using the mark-to-market method. (2) Based on calculations that use readily observable market parameters as their basis, such as spot and forward rates. (3) Measured as the present value of all expected future cash flows based on the LIBOR-based swap yield curves as of September 30, 2018. The present value calculation uses discount rates that have been adjusted to reflect the credit quality of the Company and its counterparties.

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	9 Months Ended
	Sep. 30, 2018
Revenue from Contracts with Customers [Abstract]
Disaggregation of Revenue	The following table provides disaggregated revenue by reportable segment for the three month period ended September 30, 2018. Industrials Energy Medical Total Primary Geographic Markets United States $ 96.7 $ 200.1 $ 31.1 $ 327.9 Other Americas 19.9 29.4 0.7 50.0 Total Americas $ 116.6 $ 229.5 $ 31.8 $ 377.9 EMEA 156.2 44.9 27.7 228.8 Asia Pacific 47.2 24.4 11.0 82.6 Total $ 320.0 $ 298.8 $ 70.5 $ 689.3 Product Categories Original equipment (1) $ 221.2 $ 127.8 $ 68.3 $ 417.3 Aftermarket (2) 98.8 171.0 2.2 272.0 Total $ 320.0 $ 298.8 $ 70.5 $ 689.3 Pattern of Revenue Recognition Revenue recognized at point in time (3) $ 309.4 $ 278.5 $ 70.5 $ 658.4 Revenue recognized over time (4) 10.6 20.3 - 30.9 Total $ 320.0 $ 298.8 $ 70.5 $ 689.3 (1) Revenues from sales of capital equipment within the Industrials and Energy Segments and sales of components to original equipment manufacturers in the Medical Segment. (2) Revenues from sales of spare parts, accessories, other components and services in support of maintaining customer owned, installed base of the Company’s original equipment. (3) Revenues from short and long duration product and service contracts recognized at a point in time when control is transferred to the customer generally when products delivery has occurred and services have been rendered. (4) Revenues primarily from long duration ETO product contracts and certain contracts for the delivery of a significant volume of substantially similar products recognized over time as contractual performance obligations are completed. The following table provides disaggregated revenue by reportable segment for the nine month period ended September 30, 2018. Industrials Energy Medical Total Primary Geographic Markets United States $ 278.2 $ 538.6 $ 77.2 $ 894.0 Other Americas 58.1 85.0 2.1 145.2 Total Americas $ 336.3 $ 623.6 $ 79.3 $ 1,039.2 EMEA 481.8 115.3 82.4 679.5 Asia Pacific 147.6 75.2 35.6 258.4 Total $ 965.7 $ 814.1 $ 197.3 $ 1,977.1 Product Categories Original equipment (1) $ 662.5 $ 337.7 $ 190.5 $ 1,190.7 Aftermarket (2) 303.2 476.4 6.8 786.4 Total $ 965.7 $ 814.1 $ 197.3 $ 1,977.1 Pattern of Revenue Recognition Revenue recognized at point in time (3) $ 931.2 $ 776.3 $ 197.3 $ 1,904.8 Revenue recognized over time (4) 34.5 37.8 - 72.3 Total $ 965.7 $ 814.1 $ 197.3 $ 1,977.1 (1) Revenues from sales of capital equipment within the Industrials and Energy Segments and sales of components to original equipment manufacturers in the Medical Segment. (2) Revenues from sales of spare parts, accessories, other components and services in support of maintaining customer owned, installed base of the Company’s original equipment. (3) Revenues from short and long duration product and service contracts recognized at a point in time when control is transferred to the customer generally when products delivery has occurred and services have been rendered. (4) Revenues primarily from long duration ETO product contracts and certain contracts for the delivery of a significant volume of substantially similar products recognized over time as contractual performance obligations are completed.
Contract Balances	The following table provides the contract balances as of September 30, 2018 and December 31, 2017 presented in the Condensed Consolidated Balance Sheets. September 30, 2018 December 31, 2017 Accounts receivable, net of allowance for doubtful accounts of $19.1 and $18.7, respectively $ 525.0 $ 536.3 Contract assets 13.9 - Contract liabilities 90.5 42.7

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2018
Income Taxes [Abstract]
Benefit for Income Taxes and Effective Income Tax Rate	The following table summarizes the Company's provision (benefit) for income taxes and effective income tax provision rate for the three and nine month periods ended September 30, 2018 and 2017. For the Three Month Periods Ended September 30, For the Nine Month Periods Ended September 30, 2018 2017 2018 2017 Income (loss) before income taxes $ 94.8 $ 32.4 $ 238.1 $ (166.3 ) Provision (benefit) for income taxes $ 22.6 $ 4.4 $ 63.2 $ (41.2 ) Effective income tax rate 23.8 % 13.6 % 26.5 % 24.8 %

Supplemental Information (Table

Supplemental Information (Tables)	9 Months Ended
	Sep. 30, 2018
Supplemental Information [Abstract]
Other Operating Expense, Net	The components of "Other operating expense, net" for the three month and nine month periods ended September 30, 2018 and 2017 are as follows. For the Three Month Periods Ended September 30, For the Nine Month Periods Ended September 30, 2018 2017 2018 2017 Other Operating Expense, Net Foreign currency transaction (gains) losses, net $ (0.8 ) $ 1.7 $ (0.6 ) $ 6.3 Restructuring charges, net (1) 5.4 2.8 5.4 4.9 Environmental remediation expenses (2) - - - 0.9 Stock-based compensation expense (3) 1.1 9.8 2.9 166.0 Shareholder litigation settlement recoveries (4) - - (4.5 ) - Acquisition related expenses and non-cash charges (5) 0.5 0.7 6.3 2.4 Losses (gains) on asset and business disposals 0.1 (0.6 ) (1.1 ) 2.0 Other, net (0.3 ) 3.0 2.4 4.2 Total other operating expense, net $ 6.0 $ 17.4 $ 10.8 $ 186.7 (1) See Note 3 "Restructuring." (2) Estimated environmental remediation costs recorded on an undiscounted basis for a former production facility. (3) Represents stock-based compensation expense recognized for the three month period ended September 30, 2018 of $0.9 million and employer taxes related to stock option exercises of $0.2 million. Represents stock-based compensation expense recognized for the nine month period ended September 30, 2018 of $6.1 million, reduced by $3.2 million primarily due to a decrease in the estimated accrual for employer taxes related to DSUs as a result of the achievement of employer tax caps in counties outside of the United States. Represents stock-based compensation expense recognized for stock options outstanding of $7.8 million and $69.2 million for the three month and nine month periods ended September 30, 2017 and DSUs granted to employees at the date of the initial public offering of $2.0 million and $96.8 million under the 2013 Stock Incentive Plan for the three and nine month periods ended September 30, 2017. (4) Represents an insurance recovery of the Company's shareholder litigation settlement in 2014. (5) Represents costs associated with successful and/or abandoned acquisitions, including third-party expenses, post-closure integration costs and non-cash charges and credits arising from fair value purchase accounting adjustments.

Segment Results (Tables)

Segment Results (Tables)	9 Months Ended
	Sep. 30, 2018
Segment Results [Abstract]
Summarized Financial Information on Operations by Reportable Segment	The following table provides summarized information about the Company's operations by reportable segment and reconciles Segment Adjusted EBITDA to Income (Loss) Before Income Taxes for the three month and nine month periods ended September 30, 2018 and 2017. For the Three Month Period Ended September 30, For the Nine Month Period Ended September 30, 2018 2017 2018 2017 Revenue Industrials $ 320.0 $ 288.2 $ 965.7 $ 819.0 Energy 298.8 301.6 814.1 719.4 Medical 70.5 59.8 197.3 172.0 Total Revenue $ 689.3 $ 649.6 $ 1,977.1 $ 1,710.4 Segment Adjusted EBITDA Industrials $ 72.1 $ 63.1 $ 210.0 $ 173.7 Energy 94.9 98.6 242.5 199.2 Medical 20.5 16.8 54.4 46.9 Total Segment Adjusted EBITDA $ 187.5 $ 178.5 $ 506.9 $ 419.8 Less items to reconcile Segment Adjusted EBITDA to Income (Loss) Before Income Taxes (1) Corporate expenses not allocated to segments (a) $ 5.3 $ 13.8 $ 14.8 $ 30.9 Interest expense 24.4 30.1 76.5 115.4 Depreciation and amortization expense 44.4 43.5 134.6 126.9 Sponsor fees and expenses (b) - - - 17.3 Restructuring and related business transformation costs (c) 12.3 6.3 25.2 20.5 Acquisition related expenses and non-cash charges (d) 2.8 1.2 13.1 3.1 Environmental remediation loss reserve (e) - - - 0.9 Expenses related to public stock offerings (f) 0.3 0.5 2.2 3.6 Establish public company financial reporting compliance (g) 1.3 3.8 3.2 7.2 Stock-based compensation (h) 1.1 9.8 2.9 166.0 Foreign currency transaction (gains) losses, net (0.8 ) 1.7 (0.6 ) 6.3 Loss on extinguishment of debt (i) 0.9 34.1 1.0 84.5 Shareholder litigation settlement recoveries (j) - - (4.5 ) - Other adjustments (k) 0.7 1.3 0.4 3.5 Income (Loss) Before Income Taxes $ 94.8 $ 32.4 $ 238.1 $ (166.3 ) (1) The reconciling items for the three month and nine month periods ended September 30, 2017 have been reclassified to conform to the methodology used in the three and nine month periods ended September 30, 2018, and include the following. (a) Includes insurance recoveries of asbestos legal fees of $5.6 million in the nine month period ended September 30, 2018. (b) Represents management fees and expenses paid to the Company's Sponsor. (c) Restructuring and related business transformation costs consist of the following. For the Three Month Period Ended September 30, For the Nine Month Period Ended September 30, 2018 2017 2018 2017 Restructuring charges $ 5.4 $ 2.8 $ 5.4 $ 4.9 Severance, sign-on, relocation and executive search costs (0.1 ) 0.6 3.8 2.2 Facility reorganization, relocation and other costs 1.1 1.0 2.4 3.9 Information technology infrastructure transformation 0.3 0.8 0.5 3.4 Losses (gains) on asset and business disposals 0.1 (0.6 ) (1.1 ) 2.0 Consultant and other advisor fees 3.4 0.5 10.0 1.7 Other, net 2.1 1.2 4.2 2.4 Total restructuring and related business transformation costs $ 12.3 $ 6.3 $ 25.2 $ 20.5 (d) Represents costs associated with successful and/or abandoned acquisitions, including third-party expenses, post-closure integration costs and non-cash charges and credits arising from fair value purchase accounting adjustments. (e) Represents estimated environmental remediation costs and losses relating to a former production facility. (f) Represents expenses related to the Company's initial public offering and subsequent secondary offerings. (g) Represents third party expenses to comply with the requirements of Sarbanes-Oxley in 2018 and the accelerated adoption of new accounting standards (ASC 606 – Revenue from Contracts with Customers Leases (h) Represents stock-based compensation expense recognized for the three month period ended September 30, 2018 of $0.9 million and employer taxes related to stock option exercises of $0.2 million. Represents stock-based compensation expense recognized for the nine month period ended September 30, 2018 of $6.1 million, reduced by $3.2 million primarily due to a decrease in the estimated accrual for employer taxes related to DSUs as a result of the achievement of employer tax caps in countries outside of the United States. Represents stock-based compensation expense recognized for stock options outstanding of $7.8 million and $69.2 million for the three month and nine month periods ended September 30, 2017 and DSUs granted to employees at the date of the initial public offering of $2.0 million and $96.8 million under the 2013 Stock Incentive Plan for the three and nine month periods ended September 30, 2017. (i) Represents losses on extinguishment of the senior notes and a portion of the U.S. Term Loan and losses reclassified from AOCI into income related to the amendment of the interest rate swaps in conjunction with the debt repayment. (j) Represents an insurance recovery of the Company's shareholder litigation settlement in 2014. (k) Includes (i) the effects of the amortization of prior service costs and the amortization of gains in pension and other postretirement benefits (OPEB) expense, (ii) certain legal and compliance costs and (iii) other miscellaneous adjustments.

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	9 Months Ended
	Sep. 30, 2018
Earnings (Loss) Per Share [Abstract]
Basic and Diluted Income (Loss) per Share	The computations of basic and diluted loss per share are as follows. For the Three Month Period Ended September 30, For the Nine Month Period Ended September 30, 2018 2017 2018 2017 Net income (loss) $ 72.2 $ 28.0 $ 174.9 $ (125.1 ) Less: Net income attributable to noncontrolling interests - - - 0.1 Net income (loss) attributable to Gardner Denver Holdings, Inc. $ 72.2 $ 28.0 $ 174.9 $ (125.2 ) Average shares outstanding: Basic 201.9 201.3 201.8 175.7 Diluted 209.1 208.1 209.6 175.7 Income (loss) per share: Basic $ 0.36 $ 0.14 $ 0.87 $ (0.71 ) Diluted $ 0.35 $ 0.13 $ 0.83 $ (0.71 )

Condensed Consolidated Financ_4

Condensed Consolidated Financial Statements, Basis of Presentation (Details) - Common Stock [Member] - shares	May 02, 2018	Nov. 15, 2017	May 31, 2017	Sep. 30, 2018
Stock Issued or Granted During Period [Abstract]
Stock sold in initial public offering (in shares)			47,495,000
Kohlberg Kravis Roberts & Co. L.P [Member]
Stock Issued or Granted During Period [Abstract]
Stock sold in initial public offering (in shares)	30,533,478	25,300,000
Number of shares owned by non-controlling owners (in shares)				90,721,409
Ownership percentage by non-controlling owners				46.00%

Condensed Consolidated Financ_5

Condensed Consolidated Financial Statements, Impacts of Adopting ASC 606 (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Condensed Consolidated Statements of Operations [Abstract]
Revenues		$ 689.3	$ 649.6	$ 1,977.1	$ 1,710.4
Cost of sales		426.9	395.7	1,233.6	1,066
Provision (benefit) for income taxes		22.6	4.4	63.2	(41.2)
Net income (loss)		72.2	$ 28	174.9	$ (125.1)
Assets [Abstract]
Inventories		550.1		550.1		$ 494.5
Other current assets		63.4		63.4		39.5
Liabilities and Stockholders' Equity [Abstract]
Accrued liabilities		258.9		258.9		271.2
Accumulated deficit		(403.2)		(403.2)		$ (577.8)
Adjustments [Member] | ASC 606 [Member]
Condensed Consolidated Statements of Operations [Abstract]
Revenues		(8.7)		(18.1)
Cost of sales		(5.4)		(11.2)
Provision (benefit) for income taxes		(0.8)		(1.8)
Net income (loss)		(2.5)		(5.1)
Assets [Abstract]
Inventories		11.2		11.2
Other current assets	[1]	(11.2)		(11.2)
Liabilities and Stockholders' Equity [Abstract]
Accrued liabilities		5.1		5.1
Accumulated deficit		(5.1)		(5.1)
Balance Without Adoption of ASC 606 [Member] | ASC 606 [Member]
Condensed Consolidated Statements of Operations [Abstract]
Revenues		680.6		1,959
Cost of sales		421.5		1,222.4
Provision (benefit) for income taxes		21.8		61.4
Net income (loss)		69.7		169.8
Assets [Abstract]
Inventories		561.3		561.3
Other current assets		52.2		52.2
Liabilities and Stockholders' Equity [Abstract]
Accrued liabilities		264		264
Accumulated deficit		$ (408.3)		$ (408.3)
[1]	Adjustment represents "Contract asset." See Note 12 "Revenue from Contracts with Customers" for an explanation of the Contract assets account included in "Other current assets" in the Condensed Consolidated Balance Sheets.

Condensed Consolidated Financ_6

Condensed Consolidated Financial Statements, Accounting Standards Updates (Details) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2018USD ($)Contract	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)Contract	Sep. 30, 2017USD ($)	Dec. 31, 2017USD ($)
New Accounting Pronouncements [Abstract]
Selling and administrative expenses		$ 107.7	$ 111	$ 330.4	$ 338.9
Number of contracts | Contract		2		2
Interest Rate Swap [Member]
New Accounting Pronouncements [Abstract]
Number of contracts | Contract		11		11
Interest Rate Swap [Member] | LIBOR [Member]
New Accounting Pronouncements [Abstract]
Long-term debt hedged		$ 1,025		$ 1,025
ASU 2017-07 [Member]
New Accounting Pronouncements [Abstract]
Selling and administrative expenses			(0.1)		(0.2)
Other income, net			$ 0.1		$ 0.2
ASU 2017-12 [Member] | Interest Rate Swap [Member]
New Accounting Pronouncements [Abstract]
Number of contracts | Contract		12		12
ASU 2017-12 [Member] | Interest Rate Swap [Member] | LIBOR [Member]
New Accounting Pronouncements [Abstract]
Long-term debt hedged		$ 1,125		$ 1,125
ASU 2017-12 [Member] | Accumulated Deficit [Member]
New Accounting Pronouncements [Abstract]
Cumulative effect adjustment						$ (0.3)
ASU 2017-12 [Member] | Accumulated Other Comprehensive Loss [Member]
New Accounting Pronouncements [Abstract]
Cumulative effect adjustment	[1]					$ 0.3
[1]	All amounts are net of tax. Amounts in parentheses indicate debits.

Business Combinations (Details)

Business Combinations (Details) - USD ($) $ in Millions	May 29, 2018	Feb. 08, 2018	Jun. 05, 2017	Mar. 03, 2017	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Business Combinations [Abstract]
Net cash paid to acquire business							$ 113.6	$ 18.8
Goodwill					$ 1,268.4		1,268.4		$ 1,227.6
Revenues and Operating Income [Abstract]
Revenue					25.3	$ 5.9	63.1	7.9
Operating income					$ 2	$ 0.5	$ 3.2	$ 0.6
PMI Pump Parts [Member]
Business Combinations [Abstract]
Total consideration	$ 21
Cash consideration	16.5
Third-party debt	2.2
Other debt	0.1
Promissory note	2
Holdback recorded in accrued liabilities	$ 0.2
Runtech Systems Oy [Member]
Business Combinations [Abstract]
Percentage interest acquired		100.00%
Net cash paid to acquire business		$ 94.9
Goodwill		63.6
Amortizable intangible assets		31.3
Goodwill deductible for tax purposes		$ 0
LeROI Compressors [Member]
Business Combinations [Abstract]
Holdback recorded in accrued liabilities			$ 1.9
Percentage interest acquired			100.00%
Net cash paid to acquire business			$ 20.4
Goodwill deductible for tax purposes			$ 0
Tamrotor Kompressorit Oy [Member]
Business Combinations [Abstract]
Cash consideration				$ 5.2
Holdback recorded in accrued liabilities				$ 0.5
Non-controlling ownership interest acquired				49.00%
Tamrotor Kompressorit Oy [Member] | Capital in Excess of Par Value [Member]
Business Combinations [Abstract]
Acquisition of non-controlling interest				$ 2.3
Tamrotor Kompressorit Oy [Member] | Accumulated Other Comprehensive Loss [Member]
Business Combinations [Abstract]
Acquisition of non-controlling interest				$ 1.5

Restructuring (Details)

Restructuring (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Restructuring Reserves [Abstract]
Restructuring reserves included in accrued liabilities	$ 6.4		$ 6.5
Restructuring Programs 2014 to 2016 [Member]
Restructuring Program [Roll Forward]
Balance at beginning of period		$ 20.9
Charged to expense - termination benefits		1.9
Charged to expense - other		3
Payments		(17.3)
Other, net		1
Balance at end of period		$ 9.5
Restructuring Reserves [Abstract]
Restructuring reserves included in accrued liabilities	1.7		6.5
Restructuring reserves included in other liabilities	0.2		0.2
Restructuring Programs 2014 to 2016 [Member] | Other Operating Expense, Net [Member]
Restructuring Costs [Abstract]
Restructuring costs incurred to date			48
Restructuring Programs 2014 to 2016 [Member] | Industrials [Member] | Other Operating Expense, Net [Member]
Restructuring Costs [Abstract]
Restructuring costs incurred to date			38.5
Restructuring Programs 2014 to 2016 [Member] | Energy [Member] | Other Operating Expense, Net [Member]
Restructuring Costs [Abstract]
Restructuring costs incurred to date			6.3
Restructuring Programs 2014 to 2016 [Member] | Medical [Member] | Other Operating Expense, Net [Member]
Restructuring Costs [Abstract]
Restructuring costs incurred to date			$ 3.2
Restructuring Programs 2018 [Member]
Restructuring Program [Roll Forward]
Balance at beginning of period	0
Charged to expense - termination benefits	4.9
Charged to expense - other	0.5
Payments	(1)
Other, net	0
Balance at end of period	4.4
Restructuring Reserves [Abstract]
Restructuring reserves included in accrued liabilities	4.4
Restructuring Programs 2018 [Member] | Other Operating Expense, Net [Member]
Restructuring Costs [Abstract]
Restructuring costs incurred to date	5.4
Restructuring Programs 2018 [Member] | Industrials [Member] | Other Operating Expense, Net [Member]
Restructuring Costs [Abstract]
Restructuring costs incurred to date	3.7
Restructuring Programs 2018 [Member] | Energy [Member] | Other Operating Expense, Net [Member]
Restructuring Costs [Abstract]
Restructuring costs incurred to date	$ 1.7

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Inventory, Net [Abstract]
Raw materials, including parts and subassemblies	$ 368.1	$ 362.6
Work-in-process	84.6	57.9
Finished goods	84	60.6
Total inventories	536.7	481.1
Excess of LIFO costs over FIFO costs	13.4	13.4
Inventories	$ 550.1	$ 494.5

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Goodwill [Roll Forward]
Balance at beginning of period				$ 1,227.6
Acquisition				72.3
Foreign currency translation and other				(31.5)
Balance at end of period		$ 1,268.4		1,268.4
Goodwill impairment charges				0
Amortized intangible assets [Abstract]
Accumulated amortization		(656.4)		(656.4)		$ (576.6)
Unamortized intangible assets [Abstract]
Total other intangible assets		2,013.2		2,013.2		2,007.8
Amortization of Intangible Assets [Abstract]
Intangible asset amortization expense		31	$ 29.5	93.4	$ 87.6
Future Amortization of Intangible Assets [Abstract]
2,019		124.2		124.2
2,020		124.2		124.2
2,021		124.2		124.2
2,022		124.2		124.2
2,023		124.2		124.2
Industrials [Member]
Goodwill [Roll Forward]
Balance at beginning of period				561.6
Acquisition				63.6
Foreign currency translation and other	[1]			(16.7)
Balance at end of period		608.5		608.5
Correction of purchase accounting allocation				(0.2)
Energy [Member]
Goodwill [Roll Forward]
Balance at beginning of period				460.2
Acquisition				8.7
Foreign currency translation and other				(12.4)
Balance at end of period		456.5		456.5
Accumulated goodwill impairment losses		563.9		563.9
Medical [Member]
Goodwill [Roll Forward]
Balance at beginning of period				205.8
Acquisition				0
Foreign currency translation and other				(2.4)
Balance at end of period		203.4		203.4
Trademarks [Member]
Unamortized intangible assets [Abstract]
Gross carrying amount		617.9		617.9		623.5
Customer Lists and Relationships [Member]
Amortized intangible assets [Abstract]
Gross carrying amount		1,209.9		1,209.9		1,226.8
Accumulated amortization		(542.6)		(542.6)		(473)
Technology [Member]
Amortized intangible assets [Abstract]
Gross carrying amount		21.9		21.9		8.1
Accumulated amortization		(4.6)		(4.6)		(4)
Trademarks [Member]
Amortized intangible assets [Abstract]
Gross carrying amount		37.1		37.1		30.3
Accumulated amortization		(12.4)		(12.4)		(10.6)
Backlog [Member]
Amortized intangible assets [Abstract]
Gross carrying amount		69.1		69.1		65.5
Accumulated amortization		(68)		(68)		(65.5)
Other [Member]
Amortized intangible assets [Abstract]
Gross carrying amount		57.3		57.3		53.6
Accumulated amortization		$ (28.8)		$ (28.8)		$ (23.5)
[1]	During the nine month period ended September 30, 2018, the Company recorded a decrease in goodwill of $0.2 million as a result of measurement period adjustments in the Industrials segment.

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Accrued Liabilities [Abstract]
Salaries, wages and related fringe benefits		$ 67.7		$ 67.7		$ 97.3
Restructuring		6.4		6.4		6.5
Taxes		15.5		15.5		34.5
Contract liabilities		90.5		90.5		42.7	[1]
Product warranty		24.5		24.5		22.3
Accrued interest		0.7		0.7		0.8
Other		53.6		53.6		67.1
Total accrued liabilities		258.9		258.9		$ 271.2
Accrued Product Warranty Liability [Roll Forward]
Balance at beginning of period		23.9	$ 21.7	22.3	$ 21.7
Product warranty accruals		6.9	6.7	18.5	17.8
Settlements		(6.2)	(5)	(16.8)	(17.1)
Charged to other accounts	[2]	(0.1)	0.2	0.5	1.2
Balance at end of period		$ 24.5	$ 23.6	$ 24.5	$ 23.6
[1]	For purposes of comparability, "Advance payments on sales contracts" as of December 31, 2017 was reclassified to "Contract liabilities." See Note 12 "Revenue from Contracts with Customers" for an explanation of the Contract liabilities account included in "Accrued liabilities" in the Condensed Consolidated Balance Sheets.
[2]	Includes primarily the effects of foreign currency translation adjustments for the Company's subsidiaries with functional currencies other than the USD, and changes in the accrual related to acquisitions.

Pension and Other Postretirem_3

Pension and Other Postretirement Benefits (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Pension Benefits [Member] | U.S. Plans [Member]
Net Periodic Benefit Cost [Abstract]
Service cost	$ 0	$ 0	$ 0	$ 0
Interest cost	0.5	0.6	1.5	1.7
Expected return on plan assets	(1.2)	(1.1)	(3.5)	(3.3)
Recognition of [Abstract]
Unrecognized prior service cost	0	0	0	0
Unrecognized net actuarial loss	0	0	0	0
Net periodic benefit cost	(0.7)	(0.5)	(2)	(1.6)
Pension Benefits [Member] | Non-U.S. Plans [Member]
Net Periodic Benefit Cost [Abstract]
Service cost	0.4	0.5	1.4	1.4
Interest cost	1.8	2	5.7	5.8
Expected return on plan assets	(2.8)	(2.7)	(8.8)	(7.7)
Recognition of [Abstract]
Unrecognized prior service cost	0	0	0	0
Unrecognized net actuarial loss	0.5	1.3	1.4	3.7
Net periodic benefit cost	(0.1)	1.1	(0.3)	3.2
Other Postretirement Benefits [Member]
Net Periodic Benefit Cost [Abstract]
Service cost	0	0	0	0
Interest cost	0	0	0.1	0.1
Expected return on plan assets	0	0	0	0
Recognition of [Abstract]
Unrecognized prior service cost	0	0	0	0
Unrecognized net actuarial loss	0	0	0	0
Net periodic benefit cost	$ 0	$ 0	$ 0.1	$ 0.1

Debt, Summary of Debt (Details)

Debt, Summary of Debt (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2018		Dec. 31, 2017
Debt [Abstract]
Short-term borrowings	$ 0		$ 0
Long-term debt [Abstract]
Unamortized debt issuance costs	(3.7)		(4.9)
Total long-term debt, net, including current maturities	1,755.3		2,040.2
Current maturities of long-term debt	7.9		20.9
Total long-term debt, net	1,747.4		2,019.3
Revolving Credit Facility, Due 2020 [Member]
Long-term debt [Abstract]
Long-term debt	$ 0		0
Debt instrument maturity date	Apr. 30, 2020
Receivables Financing Agreement, Due 2020 [Member]
Long-term debt [Abstract]
Long-term debt	$ 0		0
Debt instrument maturity date	Jun. 30, 2020
Term Loan Denominated in U.S. Dollars, Due 2024 [Member]
Long-term debt [Abstract]
Long-term debt	$ 1,025.9	[1]	1,282.3
Debt instrument maturity date	Dec. 31, 2024
Interest rate	4.99%
Weighted-average interest rate	4.78%
Term Loan Denominated in Euros, Due 2024 [Member]
Long-term debt [Abstract]
Long-term debt	$ 706.7	[2]	735.9
Debt instrument maturity date	Dec. 31, 2024
Interest rate	3.00%
Weighted-average interest rate	3.00%
Capitalized Leases and Other Long-Term Debt [Member]
Long-term debt [Abstract]
Long-term debt	$ 26.4		$ 26.9
[1]	As of September 30, 2018, the applicable interest rate was 4.99% and the weighted-average rate was 4.78% for the nine month period ended September 30, 2018.
[2]	As of September 30, 2018, the applicable interest rate was 3.00% and the weighted-average rate was 3.00% for the nine month period ended September 30, 2018.

Debt, Senior Secured Credit Fac

Debt, Senior Secured Credit Facilities (Details) € in Millions, $ in Millions

Aug. 17, 2017USD ($)

Jun. 30, 2017

Sep. 30, 2018USD ($)

Jun. 30, 2018USD ($)

Sep. 30, 2018USD ($)

Sep. 30, 2017USD ($)

Dec. 31, 2014

Jul. 30, 2018USD ($)

Dec. 31, 2017USD ($)

Aug. 17, 2017EUR (€)

Mar. 04, 2016USD ($)

Jul. 30, 2013USD ($)

Jul. 30, 2013EUR (€)

Amortization and Final Maturity [Abstract]

Principal payment of outstanding borrowings

$ 262.4

$ 2,872.2

LIBOR [Member]

Interest Rate and Fees [Abstract]

Basis spread on variable rate

1.00%

Term of variable rate

1 month

Federal Funds Effective Rate [Member]

Interest Rate and Fees [Abstract]

Basis spread on variable rate

0.50%

Senior Secured Credit Facility [Member]

Debt Instrument, Senior Secured Credit Facilities [Abstract]

Aggregate principal amount

$ 2,825

Prepayments [Abstract]

Percentage of annual excess cash flow for prepayment of outstanding loan

50.00%

Percentage of annual excess cash flow for prepayment of outstanding loan under restrictive covenants

25.00%

Percentage of the net cash proceeds of all non-ordinary course asset sales for prepayment of outstanding term loan

100.00%

Percentage of net cash proceeds of any incurrence of debt for prepayment of outstanding term loan

100.00%

Certain Covenants and Events of Default [Abstract]

Consolidated Total Debt to Consolidated EBITDA ratio

5

Investments in unrestricted subsidiaries

$ 100

$ 100

Percentage of consolidated EBITDA

25.00%

Senior Secured Credit Facility [Member] | Maximum [Member]

Prepayments [Abstract]

Consolidated secured debt to consolidated EBITDA ratio considered for prepayment of outstanding term loan under covenant one

3.50

Certain Covenants and Events of Default [Abstract]

Letters of credit under restrictive covenant

80

$ 80

Other non-cash collateralized letters of credit maximum amount under restrictive covenant

25

25

Provision of non-cash collateralized letters of credit outstanding

50

Aggregate amount of non-cash collateralized letters of credit outstanding

120

$ 120

Senior Secured Credit Facility [Member] | Minimum [Member]

Prepayments [Abstract]

Consolidated secured debt to consolidated EBITDA ratio considered for prepayment of outstanding term loan under covenant two

3

Senior Secured Credit Facility [Member] | Condition One [Member]

Debt Instrument, Senior Secured Credit Facilities [Abstract]

EBITDA amount

$ 250

Consolidated senior secured debt to consolidated EBITDA ratio

5.50

Senior Secured Credit Facility [Member] | Condition Two [Member]

Debt Instrument, Senior Secured Credit Facilities [Abstract]

Consolidated senior secured debt to consolidated EBITDA ratio

4.50

Original Dollar Term Loan Facility [Member]

Debt Instrument, Senior Secured Credit Facilities [Abstract]

Aggregate principal amount

35

$ 35

$ 50

1,900

Maximum borrowing capacity

$ 1,285.5

Amortization and Final Maturity [Abstract]

Percentage of original principal amount for quarterly installment payment of debt amortization

1.00%

Principal payment of outstanding borrowings

$ 100

$ 150

Write-off of unamortized debt issuance costs

0.3

$ 0.4

Original Dollar Term Loan Facility [Member] | LIBOR [Member]

Interest Rate and Fees [Abstract]

Basis spread on variable rate

0.00%

1.00%

2.75%

Original Dollar Term Loan Facility [Member] | Base Rate [Member]

Interest Rate and Fees [Abstract]

Basis spread on variable rate

1.75%

Euro Term Loan Due in 2020 [Member]

Debt Instrument, Senior Secured Credit Facilities [Abstract]

Aggregate principal amount | €

€ 400

Maximum borrowing capacity | €

€ 615

Amortization and Final Maturity [Abstract]

Percentage of original principal amount for quarterly installment payment of debt amortization

1.00%

Euro Term Loan Due in 2020 [Member] | LIBOR [Member]

Interest Rate and Fees [Abstract]

Basis spread on variable rate

0.00%

1.00%

3.00%

Revolving Credit Facility [Member]

Debt Instrument, Senior Secured Credit Facilities [Abstract]

Maximum borrowing capacity

$ 360

$ 400

Decrease in borrowing capacity

$ 40

Expected decrease in borrowing capacity next year

$ 269.9

Letters of credit outstanding

6.3

$ 6.3

Unused availability

263.6

$ 263.6

Consolidated senior secured debt to consolidated EBITDA ratio

7

Interest Rate and Fees [Abstract]

Commitment fee

0.50%

Revolving Credit Facility [Member] | LIBOR [Member]

Interest Rate and Fees [Abstract]

Basis spread on variable rate

0.00%

2.75%

Revolving Credit Facility [Member] | Base Rate [Member]

Interest Rate and Fees [Abstract]

Basis spread on variable rate

1.75%

Revolving Credit Facility [Member] | Maximum [Member]

Debt Instrument, Senior Secured Credit Facilities [Abstract]

Consolidated senior secured debt to consolidated EBITDA ratio

7.50

Revolving Credit Facility [Member] | Condition Three [Member]

Interest Rate and Fees [Abstract]

Commitment fee

0.375%

Revolving Credit Facility [Member] | Condition Three [Member] | Maximum [Member]

Debt Instrument, Senior Secured Credit Facilities [Abstract]

Consolidated senior secured debt to consolidated EBITDA ratio

3

Revolving Credit Facility [Member] | Letter of Credit [Member]

Debt Instrument, Senior Secured Credit Facilities [Abstract]

Maximum borrowing capacity

$ 200

$ 200

Debt, Receivables Financing Agr

Debt, Receivables Financing Agreement (Details) € in Millions, $ in Millions	9 Months Ended
	Sep. 30, 2018USD ($)	Sep. 30, 2018EUR (€)	May 31, 2016USD ($)
LIBOR [Member]
Debt Instrument, Receivables Financing Agreement [Abstract]
Outstanding borrowing	$ 1,025.9	€ 608.9
Receivables Financing Agreement [Member]
Debt Instrument, Receivables Financing Agreement [Abstract]
Increase in aggregate borrowing capacity	50
Aggregate borrowing capacity	125
Outstanding borrowing	0
Letters of credit outstanding	27.3
Remaining borrowing capacity	$ 81.4
Letters of credit interest rate	1.60%
Prior notice period for prepayment of borrowings or letters of credit	1 day
Prior notice period for termination of agreement	15 days
Receivables Financing Agreement [Member] | LIBOR [Member]
Debt Instrument, Receivables Financing Agreement [Abstract]
Interest rate	1.60%	1.60%
Receivables Financing Agreement [Member] | Base Rate [Member]
Debt Instrument, Receivables Financing Agreement [Abstract]
Interest rate	1.60%	1.60%
Receivables Financing Agreement [Member] | Maximum [Member]
Debt Instrument, Receivables Financing Agreement [Abstract]
Aggregate borrowing			$ 75

Stock-Based Compensation, Stock

Stock-Based Compensation, Stock-Based Award Plan Activity (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Share-based Compensation Arrangement [Abstract]
Stock-based compensation expense	$ 0.9	$ 7.8	$ 6.1	$ 69.2
Accrued liabilities	258.9		$ 258.9		$ 271.2
Risk-free interest rate			2.00%
Expected dividend rate			0.00%
Unrecognized compensation expense	22.8		$ 22.8
Minimum [Member]
Share-based Compensation Arrangement [Abstract]
Expected life of options			1 year
Assumed volatility			26.80%
Maximum [Member]
Share-based Compensation Arrangement [Abstract]
Expected life of options			1 year 3 months 18 days
Assumed volatility			27.30%
2013 Stock Incentive Plan [Member] | Stock Appreciation Rights (SARs) [Member]
Share-based Compensation Arrangement [Abstract]
Accrued liabilities	$ 13.8		$ 13.8
2013 and 2017 Plan [Member] | Former Employee [Member]
Share-based Compensation Arrangement [Abstract]
Stock-based compensation expense			3.8
2013 and 2017 Plan [Member] | Equity Awards [Member]
Share-based Compensation Arrangement [Abstract]
Stock-based compensation expense			5.3
2013 and 2017 Plan [Member] | Stock Appreciation Rights (SARs) [Member]
Share-based Compensation Arrangement [Abstract]
Reduction in liability			$ 3

Stock-Based Compensation, Assum

Stock-Based Compensation, Assumptions Used to Estimate Fair Value of Options Granted (Details)	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Assumptions [Abstract]
Risk-free interest rate	2.00%
Expected dividend rate	0.00%
Minimum [Member]
Assumptions [Abstract]
Expected life of options	1 year
Assumed volatility	26.80%
Maximum [Member]
Assumptions [Abstract]
Expected life of options	1 year 3 months 18 days
Assumed volatility	27.30%
Stock Options [Member]
Assumptions [Abstract]
Expected dividend rate	0.00%	0.00%
Stock Options [Member] | Minimum [Member]
Assumptions [Abstract]
Expected life of options	7 years	5 years
Risk-free interest rate	2.90%	1.90%
Assumed volatility	34.40%	41.20%
Stock Options [Member] | Maximum [Member]
Assumptions [Abstract]
Expected life of options	7 years 6 months	6 years 3 months 18 days
Risk-free interest rate	3.00%	2.10%
Assumed volatility	35.40%	45.80%

Stock-Based Compensation, Summa

Stock-Based Compensation, Summary of Stock Option Activity (Details) - Stock Options and Stock Appreciation Rights [Member] shares in Thousands	9 Months Ended
	Sep. 30, 2018$ / sharesshares
Shares [Roll Forward]
Outstanding, beginning balance (in shares) | shares	12,834
Granted (in shares) | shares	848
Exercised or settled (in shares) | shares	(752)
Forfeited (in shares) | shares	(433)
Outstanding, ending balance (in shares) | shares	12,497
Vested (in shares) | shares	8,612
Outstanding Weighted-Average Exercise Price [Abstract]
Outstanding, beginning balance (in dollars per share) | $ / shares	$ 9.54
Granted (in dollars per share) | $ / shares	31.74
Exercised or settled (in dollars per share) | $ / shares	8.36
Forfeited (in dollars per share) | $ / shares	16.21
Outstanding, ending balance (in dollars per share) | $ / shares	10.88
Vested (in dollars per share) | $ / shares	$ 9.03

Stock-Based Compensation, Restr

Stock-Based Compensation, Restricted Stock Unit Awards and Deferred Stock Units (Details) - USD ($) $ / shares in Units, $ in Millions	May 31, 2017	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Weighted-Average Grant-Date Fair Value [Abstract]
Stock-based compensation expense		$ 0.9	$ 7.8	$ 6.1	$ 69.2
Restricted Stock Unit [Member]
Shares [Roll Forward]
Non-vested, beginning balance (in shares)				0
Granted (in shares)				365,000
Vested (in shares)				0
Forfeited (in shares)				(10,000)
Non-vested, ending balance (in shares)		355,000		355,000
Weighted-Average Grant-Date Fair Value [Abstract]
Non-vested, beginning balance (in dollars per share)				$ 0
Granted (in dollars per share)				31.84
Vested (in dollars per share)				0
Forfeited (in dollars per share)				32.06
Non-vested, ending balance (in dollars per share)		$ 31.83		$ 31.83
Deferred Stock Units [Member]
Weighted-Average Grant-Date Fair Value [Abstract]
Deferred stock units authorized (in shares)	5.5
Stock-based compensation expense			$ 2		$ 96.8
Fair value of deferred stock units (in dollars per share)	$ 17.20
Initial public offering share price (in dollars per share)	$ 20
Holding period restriction	1 year 5 months 1 day
Assumed volatility	51.50%

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive (Loss) Income, Accumulated Other Comprehensive (Loss) Income Balances (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018		Sep. 30, 2017
Before-Tax Amount [Abstract]
Foreign currency translation adjustments, net	$ (21.9)	$ 41.5	$ (70)		$ 131.4
Foreign currency gains (losses), net	4.7	(23.5)	24.4		(71.2)
Unrecognized (losses) gains on cash flow hedges, net	5.8	5.5	27.1		8.9
Pension and other postretirement benefit prior service cost and gain or loss, net	1	(1.1)	3		(3.4)
Other comprehensive (loss) income	(10.4)	22.4	(15.5)		65.7
Tax (Expense) or Benefit [Abstract]
Foreign currency translation adjustments, net	0	0	0		0
Foreign currency gains (losses), net	(1.1)	8.7	(5.7)		26.9
Unrecognized (losses) gains on cash flow hedges, net	(1.4)	(1.5)	(6.6)		(3.4)
Pension and other postretirement benefit prior service cost and gain or loss, net	(0.1)	0.5	0.9		1.5
Other comprehensive (loss) income	(2.6)	7.7	(11.4)		25
Net of Tax Amount [Abstract]
Foreign currency translation adjustments, net	(21.9)	41.5	(70)		131.4
Foreign currency gains (losses), net	3.6	(14.8)	18.7		(44.3)
Unrecognized (losses) gains on cash flow hedges, net	4.4	4	20.5		5.5
Pension and other postretirement benefit prior service cost and gain or loss, net	0.9	(0.6)	3.9		(1.9)
Total other comprehensive (loss) income, net of tax	$ (13)	$ 30.1	$ (26.9)	[1]	$ 90.7	[1]
[1]	All amounts are net of tax. Amounts in parentheses indicate debits.

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive (Loss) Income, Changes in Accumulated Other Comprehensive (Loss) Income (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018		Sep. 30, 2017		Dec. 31, 2017
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Other comprehensive (loss) income before reclassifications	[1]			$ (37)		$ 79.8
Amounts reclassified from accumulated other comprehensive (loss) income	[1]			10.1		10.9
Total other comprehensive (loss) income, net of tax		$ (13)	$ 30.1	(26.9)	[1]	90.7	[1]
Accumulated Other Comprehensive Income (Loss) [Member]
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	[1]			(199.8)		(342.4)
Balance at end of period	[1]	(226.4)	(251.7)	(226.4)		(251.7)
Accumulated Other Comprehensive Income (Loss) [Member] | ASU 2017-12 [Member]
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Cumulative effect adjustment upon adoption of new accounting standard (ASU 2017-12)	[1]							$ 0.3
Cumulative Currency Translation Adjustment [Member]
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	[1]			(166.6)		(324.2)
Other comprehensive (loss) income before reclassifications	[1]			(70)		131.4
Amounts reclassified from accumulated other comprehensive (loss) income	[1]			0		0
Total other comprehensive (loss) income, net of tax	[1]			(70)		131.4
Balance at end of period	[1]	(236.6)	(192.8)	(236.6)		(192.8)
Cumulative Currency Translation Adjustment [Member] | ASU 2017-12 [Member]
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Cumulative effect adjustment upon adoption of new accounting standard (ASU 2017-12)	[1]							0
Foreign Currency Gains and (Losses) [Member]
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	[1]			37		88.6
Other comprehensive (loss) income before reclassifications	[1]			18.7		(44.3)
Amounts reclassified from accumulated other comprehensive (loss) income	[1]			0		0
Total other comprehensive (loss) income, net of tax	[1]			18.7		(44.3)
Balance at end of period	[1]	55.7	44.3	55.7		44.3
Foreign Currency Gains and (Losses) [Member] | ASU 2017-12 [Member]
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Cumulative effect adjustment upon adoption of new accounting standard (ASU 2017-12)	[1]							0
Unrealized (Losses) Gains on Cash Flow Hedges [Member]
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	[1]			(29.8)		(42.2)
Other comprehensive (loss) income before reclassifications	[1]			11.5		(3.1)
Amounts reclassified from accumulated other comprehensive (loss) income	[1]			9		8.6
Total other comprehensive (loss) income, net of tax	[1]			20.5		5.5
Balance at end of period	[1]	(9)	(36.7)	(9)		(36.7)
Unrealized (Losses) Gains on Cash Flow Hedges [Member] | ASU 2017-12 [Member]
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Cumulative effect adjustment upon adoption of new accounting standard (ASU 2017-12)	[1]							0.3
Pension and Postretirement Benefit Plans [Member]
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	[1]			(40.4)		(64.6)
Other comprehensive (loss) income before reclassifications	[1]			2.8		(4.2)
Amounts reclassified from accumulated other comprehensive (loss) income	[1]			1.1		2.3
Total other comprehensive (loss) income, net of tax	[1]			3.9		(1.9)
Balance at end of period	[1]	$ (36.5)	$ (66.5)	$ (36.5)		$ (66.5)
Pension and Postretirement Benefit Plans [Member] | ASU 2017-12 [Member]
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Cumulative effect adjustment upon adoption of new accounting standard (ASU 2017-12)	[1]							$ 0
[1]	All amounts are net of tax. Amounts in parentheses indicate debits.

Accumulated Other Comprehensi_5

Accumulated Other Comprehensive (Loss) Income, Reclassifications out of Accumulated Other Comprehensive (Loss) Income (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Income Statement [Abstract]
Interest expense		$ 24.4	$ 30.1	$ 76.5	$ 115.4
Total before tax		94.8	32.4	238.1	(166.3)
Benefit for income taxes		(22.6)	(4.4)	(63.2)	41.2
Net of tax		$ 72.2	$ 28	174.9	(125.1)
Reclassification out of Accumulated Other Comprehensive (Loss) Income [Member]
Income Statement [Abstract]
Net of tax				10.1	10.9
Loss on Cash Flow Hedges - Interest Rate Swaps [Member] | Reclassification out of Accumulated Other Comprehensive (Loss) Income [Member]
Income Statement [Abstract]
Interest expense				11.8	13.9
Total before tax				11.8	13.9
Benefit for income taxes				(2.8)	(5.3)
Net of tax				9	8.6
Amortization of Defined Benefit Pension and Other Postretirement Benefit Items [Member] | Reclassification out of Accumulated Other Comprehensive (Loss) Income [Member]
Income Statement [Abstract]
Net periodic benefit cost	[1]			1.4	3.7
Total before tax				1.4	3.7
Benefit for income taxes				(0.3)	(1.4)
Net of tax				$ 1.1	$ 2.3
[1]	These components are included in the computation of net periodic benefit cost. See Note 7 "Pension and Other Postretirement Benefits" for additional details.

Hedging Activities and Fair V_3

Hedging Activities and Fair Value Measurements, Hedging Activities and Derivative Instruments within the Condensed Consolidated Balance Sheets (Details) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2018	Dec. 31, 2017
Maximum [Member]
Derivative, Fair Value, Net [Abstract]
Maturity period of foreign currency contracts		1 year
Interest Rate Swap Contracts [Member] | Derivatives Designated as Hedging Instruments [Member] | Cash Flow [Member]
Notional Amounts, Fair Values and Classification of Outstanding Derivatives by Risk Category and Instrument Type [Abstract]
Notional amount	[1]	$ 1,025	$ 1,125
Interest Rate Swap Contracts [Member] | Other Current Assets [Member] | Derivatives Designated as Hedging Instruments [Member] | Cash Flow [Member]
Notional Amounts, Fair Values and Classification of Outstanding Derivatives by Risk Category and Instrument Type [Abstract]
Assets fair value	[1]	0	0
Interest Rate Swap Contracts [Member] | Other Assets [Member] | Derivatives Designated as Hedging Instruments [Member] | Cash Flow [Member]
Notional Amounts, Fair Values and Classification of Outstanding Derivatives by Risk Category and Instrument Type [Abstract]
Assets fair value	[1]	0	0
Interest Rate Swap Contracts [Member] | Accrued Liabilities [Member] | Derivatives Designated as Hedging Instruments [Member] | Cash Flow [Member]
Notional Amounts, Fair Values and Classification of Outstanding Derivatives by Risk Category and Instrument Type [Abstract]
Liabilities fair value	[1]	3.4	16.1
Interest Rate Swap Contracts [Member] | Other Liabilities [Member] | Derivatives Designated as Hedging Instruments [Member] | Cash Flow [Member]
Notional Amounts, Fair Values and Classification of Outstanding Derivatives by Risk Category and Instrument Type [Abstract]
Liabilities fair value	[1]	14.2	30.6
Foreign Currency Forwards [Member]
Notional Amounts, Fair Values and Classification of Outstanding Derivatives by Risk Category and Instrument Type [Abstract]
Notional amount		9.3
Foreign Currency Forwards [Member] | Derivatives Not Designated as Hedging Instruments [Member] | Fair Value [Member]
Notional Amounts, Fair Values and Classification of Outstanding Derivatives by Risk Category and Instrument Type [Abstract]
Notional amount	[1]	26.5	94.4
Foreign Currency Forwards [Member] | Other Current Assets [Member] | Derivatives Not Designated as Hedging Instruments [Member] | Fair Value [Member]
Notional Amounts, Fair Values and Classification of Outstanding Derivatives by Risk Category and Instrument Type [Abstract]
Assets fair value	[1]	0	0
Foreign Currency Forwards [Member] | Other Assets [Member] | Derivatives Not Designated as Hedging Instruments [Member] | Fair Value [Member]
Notional Amounts, Fair Values and Classification of Outstanding Derivatives by Risk Category and Instrument Type [Abstract]
Assets fair value	[1]	0	0
Foreign Currency Forwards [Member] | Accrued Liabilities [Member] | Derivatives Not Designated as Hedging Instruments [Member] | Fair Value [Member]
Notional Amounts, Fair Values and Classification of Outstanding Derivatives by Risk Category and Instrument Type [Abstract]
Liabilities fair value	[1]	0.3	1.2
Foreign Currency Forwards [Member] | Other Liabilities [Member] | Derivatives Not Designated as Hedging Instruments [Member] | Fair Value [Member]
Notional Amounts, Fair Values and Classification of Outstanding Derivatives by Risk Category and Instrument Type [Abstract]
Liabilities fair value	[1]	$ 0	$ 0
[1]	Notional amounts represent the gross contract amounts of the outstanding derivatives excluding the total notional amount of positions that have been effectively closed through offsetting positions. The net gains and net losses associated with positions that have been effectively closed through offsetting positions but not yet settled are included in the asset and liability derivatives fair value columns, respectively.

Hedging Activities and Fair V_4

Hedging Activities and Fair Value Measurements, Derivative Instruments included in the Condensed Consolidated Statements of Comprehensive (Loss) Income (Details) - USD ($) $ in Millions		3 Months Ended			6 Months Ended	9 Months Ended
		Sep. 30, 2018		Sep. 30, 2017	Jun. 30, 2018	Sep. 30, 2018	Sep. 30, 2017
Gains and Losses on Derivatives Designated as Cash Flow Hedges [Abstract]
Excess cash paid to pay down debt						$ 262.4	$ 2,872.2
Original Dollar Term Loan Facility [Member]
Gains and Losses on Derivatives Designated as Cash Flow Hedges [Abstract]
Excess cash paid to pay down debt					$ 100	150
Interest Rate Swap Contracts [Member]
Gains and Losses on Derivatives Designated as Cash Flow Hedges [Abstract]
Gain (loss) recognized in AOCI on derivatives		$ 1.8		$ 1.4		15.2	(4.9)
Loss reclassified from AOCI into income (effective portion)	[1]	(3.3)		(4.1)		(11.2)	(13.9)
Loss reclassified from AOCI into income (missed forecast)		(0.6)	[2]	$ 0		$ (0.6)	$ 0
Interest Rate Swap Contracts [Member] | Original Dollar Term Loan Facility [Member]
Gains and Losses on Derivatives Designated as Cash Flow Hedges [Abstract]
Excess cash paid to pay down debt		150
Payments in amendment of interest rate swap contracts		$ 2.7
[1]	Losses on derivatives reclassified from accumulated other comprehensive income ("AOCI") into income (effective portion) were included in "Interest expense" in the Condensed Consolidated Statements of Operations, the same income statement line item as the earnings effect of the hedged item.
[2]	During the three month period ended September 30, 2018, the Company used excess cash to pay down $150.0 million of its Dollar Term Loan Facility. Due to this unforecasted pay down of debt, the Company paid $2.7 million in the amendment of the interest rate swap contracts to reflect the updated forecasted cash flows. The updated forecasts caused certain hedged items to be deemed probable of not occurring in the future and thus, the Company accelerated the release of AOCI related to those hedged items. Losses reclassified from AOCI into income (missed forecast) were included in "Loss on extinguishment of debt" in the Condensed Consolidated Statements of Operations.

Hedging Activities and Fair V_5

Hedging Activities and Fair Value Measurements, Interest Rate Swap Contracts (Details) - 9 months ended Sep. 30, 2018 € in Millions, $ in Millions	USD ($)Contract	EUR (€)Contract
Derivative, Fair Value, Net [Abstract]
Number of contracts | Contract	2	2
LIBOR [Member]
Derivative, Fair Value, Net [Abstract]
Expected losses to be reclassified out of AOCI into earnings during next 12 months | $	$ 13.3
Long-term debt outstanding	$ 1,025.9	€ 608.9
Interest Rate Swap Contracts [Member]
Derivative, Fair Value, Net [Abstract]
Number of contracts | Contract	11	11
Interest Rate Swap Contracts [Member] | LIBOR [Member]
Derivative, Fair Value, Net [Abstract]
Long-term debt hedged | $	$ 1,025
Interest Rate Swap Contracts [Member] | LIBOR [Member] | Minimum [Member]
Derivative, Fair Value, Net [Abstract]
Fixed interest rate	3.30%	3.30%
Interest Rate Swap Contracts [Member] | LIBOR [Member] | Maximum [Member]
Derivative, Fair Value, Net [Abstract]
Fixed interest rate	4.30%	4.30%

Hedging Activities and Fair V_6

Hedging Activities and Fair Value Measurements, Foreign Currency Forward Contracts (Details) $ in Millions	Sep. 30, 2018USD ($)Contract
Derivative, Fair Value, Net [Abstract]
Number of contracts | Contract	2
Foreign Currency Forward One [Member]
Derivative, Fair Value, Net [Abstract]
Notional amount	$ 9.3
Foreign Currency Forward Two [Member]
Derivative, Fair Value, Net [Abstract]
Notional amount	$ 17.2

Hedging Activities and Fair V_7

Hedging Activities and Fair Value Measurements, Derivative Instruments not Designated as Accounting Hedges (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Derivative instruments not designated as accounting hedges [Abstract]
Total foreign currency transaction gains (losses), net	$ 0.8	$ (1.7)	$ 0.6	$ (6.3)
Foreign Currency Forward Contracts (Losses) Gains [Member]
Derivative instruments not designated as accounting hedges [Abstract]
Total foreign currency transaction gains (losses), net	$ (0.4)	$ (1.8)	$ 5.8	$ (6.7)

Hedging Activities and Fair V_8

Hedging Activities and Fair Value Measurements, Investment in Consolidated Subsidiaries with Functional Currencies Other than USD (Details) € in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018USD ($)Contract	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)Contract	Sep. 30, 2017USD ($)	Sep. 30, 2018EUR (€)Contract	Aug. 17, 2017EUR (€)	Aug. 16, 2017USD ($)Contract
Derivative, Fair Value, Net [Abstract]
Number of contracts | Contract	2		2		2
Euro Term Loan Due in 2020 [Member]
Derivative, Fair Value, Net [Abstract]
Long-term debt hedged | €					€ 608.9	€ 615
Cross Currency Interest Rate Swap Contracts [Member]
Derivative, Fair Value, Net [Abstract]
Number of contracts | Contract							2
Notional amount | $							$ 100
Interest Rate Swap Contracts [Member]
Derivative, Fair Value, Net [Abstract]
Number of contracts | Contract	11		11		11
Changes in the value of debt and designated interest rate swaps [Abstract]
Gain (loss), net of income tax, recorded through other comprehensive income | $	$ 3.5	$ (13.6)	$ 18	$ (43.2)
Balance included in accumulated other comprehensive (loss) income as of September 30, 2018 and 2017, respectively | $	$ 50.1	$ 39.2	$ 50.1	$ 39.2

Hedging Activities and Fair V_9

Hedging Activities and Fair Value Measurements, Fair Value Measurements (Details) - Recurring [Member] $ in Millions	Sep. 30, 2018USD ($)
Financial Assets [Abstract]
Trading securities held in deferred compensation plan	$ 6.3	[1]
Total	6.3
Financial Liabilities [Abstract]
Foreign currency forwards	0.3	[2]
Interest rate swaps	17.6	[3]
Deferred compensation plan	6.3	[1]
Total	24.2
Level 1 [Member]
Financial Assets [Abstract]
Trading securities held in deferred compensation plan	6.3	[1]
Total	6.3
Financial Liabilities [Abstract]
Foreign currency forwards	0	[2]
Interest rate swaps	0	[3]
Deferred compensation plan	6.3	[1]
Total	6.3
Level 2 [Member]
Financial Assets [Abstract]
Trading securities held in deferred compensation plan	0	[1]
Total	0
Financial Liabilities [Abstract]
Foreign currency forwards	0.3	[2]
Interest rate swaps	17.6	[3]
Deferred compensation plan	0	[1]
Total	17.9
Level 3 [Member]
Financial Assets [Abstract]
Trading securities held in deferred compensation plan	0	[1]
Total	0
Financial Liabilities [Abstract]
Foreign currency forwards	0	[2]
Interest rate swaps	0	[3]
Deferred compensation plan	0	[1]
Total	$ 0
[1]	Based on the quoted price of publicly traded mutual funds which are classified as trading securities and accounted for using the mark-to-market method.
[2]	Based on calculations that use readily observable market parameters as their basis, such as spot and forward rates.
[3]	Measured as the present value of all expected future cash flows based on the LIBOR-based swap yield curves as of September 30, 2018. The present value calculation uses discount rates that have been adjusted to reflect the credit quality of the Company and its counterparties.

Revenue from Contracts with C_3

Revenue from Contracts with Customers, Disaggregation of Revenue (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Disaggregation of Revenue [Abstract]
Disaggregated revenue		$ 689.3	$ 649.6	$ 1,977.1	$ 1,710.4
Revenue Recognized at Point in Time [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue	[1]	658.4		1,904.8
Revenue Recognized over Time [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue	[2]	30.9		72.3
Original Equipment [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue	[3]	417.3		1,190.7
Aftermarket [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue	[4]	272		786.4
Total Americas [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		377.9		1,039.2
United States [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		327.9		894
Other Americas [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		50		145.2
EMEA [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		228.8		679.5
Asia Pacific [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		82.6		258.4
Industrials [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		320		965.7
Industrials [Member] | Revenue Recognized at Point in Time [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue	[1]	309.4		931.2
Industrials [Member] | Revenue Recognized over Time [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue	[2]	10.6		34.5
Industrials [Member] | Original Equipment [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue	[3]	221.2		662.5
Industrials [Member] | Aftermarket [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue	[4]	98.8		303.2
Industrials [Member] | Total Americas [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		116.6		336.3
Industrials [Member] | United States [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		96.7		278.2
Industrials [Member] | Other Americas [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		19.9		58.1
Industrials [Member] | EMEA [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		156.2		481.8
Industrials [Member] | Asia Pacific [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		47.2		147.6
Energy [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		298.8		814.1
Energy [Member] | Revenue Recognized at Point in Time [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue	[1]	278.5		776.3
Energy [Member] | Revenue Recognized over Time [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue	[2]	20.3		37.8
Energy [Member] | Original Equipment [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue	[3]	127.8		337.7
Energy [Member] | Aftermarket [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue	[4]	171		476.4
Energy [Member] | Total Americas [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		229.5		623.6
Energy [Member] | United States [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		200.1		538.6
Energy [Member] | Other Americas [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		29.4		85
Energy [Member] | EMEA [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		44.9		115.3
Energy [Member] | Asia Pacific [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		24.4		75.2
Medical [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		70.5		197.3
Medical [Member] | Revenue Recognized at Point in Time [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue	[1]	70.5		197.3
Medical [Member] | Revenue Recognized over Time [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue	[2]	0		0
Medical [Member] | Original Equipment [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue	[3]	68.3		190.5
Medical [Member] | Aftermarket [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue	[4]	2.2		6.8
Medical [Member] | Total Americas [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		31.8		79.3
Medical [Member] | United States [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		31.1		77.2
Medical [Member] | Other Americas [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		0.7		2.1
Medical [Member] | EMEA [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		27.7		82.4
Medical [Member] | Asia Pacific [Member]
Disaggregation of Revenue [Abstract]
Disaggregated revenue		$ 11		$ 35.6
[1]	Revenues from short and long duration product and service contracts recognized at a point in time when control is transferred to the customer generally when products delivery has occurred and services have been rendered.
[2]	Revenues primarily from long duration ETO product contracts and certain contracts for the delivery of a significant volume of substantially similar products recognized over time as contractual performance obligations are completed.
[3]	Revenues from sales of capital equipment within the Industrials and Energy Segments and sales of components to original equipment manufacturers in the Medical Segment.
[4]	Revenues from sales of spare parts, accessories, other components and services in support of maintaining customer owned, installed base of the Company's original equipment.

Revenue from Contracts with C_4

Revenue from Contracts with Customers, Performance Obligations (Details) $ in Millions	Sep. 30, 2018USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-07-01
Revenue, Performance Obligation [Abstract]
Remaining performance obligation amount	$ 168
Remaining performance obligation, expected timing of satisfaction, period	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-07-01
Revenue, Performance Obligation [Abstract]
Remaining performance obligation amount	$ 72.9
Remaining performance obligation, expected timing of satisfaction, period

Revenue from Contracts with C_5

Revenue from Contracts with Customers, Contract Balances (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Contract with Customer, Asset and Liability [Abstract]
Accounts receivable, net of allowance for doubtful accounts of $19.1 and $18.7, respectively	$ 525	$ 536.3
Contract assets	13.9	0
Contract liabilities	90.5	42.7	[1]
Accounts receivable, allowance for doubtful accounts	19.1	18.7
Increase (decrease) for contract due to acquisition	$ 29.6	$ 29.6
[1]	For purposes of comparability, "Advance payments on sales contracts" as of December 31, 2017 was reclassified to "Contract liabilities." See Note 12 "Revenue from Contracts with Customers" for an explanation of the Contract liabilities account included in "Accrued liabilities" in the Condensed Consolidated Balance Sheets.

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Income Taxes [Abstract]
Foreign subsidiaries tax payable period			8 years
U.S. federal corporate tax rate			21.00%		35.00%
Change in tax rate, income tax benefit	$ (97.8)				$ (89.6)
Increase in tax rate, income tax benefit			$ 8.2
Benefit relating to the reduction of the ASC 740-30 liability			69
Recorded provisional transition tax obligation			51.7		$ 63.3
Income (loss) before income taxes	94.8	$ 32.4	238.1	$ (166.3)
Provision (benefit) for income taxes	$ 22.6	$ 4.4	$ 63.2	$ (41.2)
Effective income tax rate	23.80%	13.60%	26.50%	24.80%

Supplemental Information (Detai

Supplemental Information (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Other Operating Expense, Net [Abstract]
Foreign currency transaction (gains) losses, net		$ (0.8)	$ 1.7	$ (0.6)	$ 6.3
Restructuring charges, net	[1]	5.4	2.8	5.4	4.9
Environmental remediation expenses	[2]	0	0	0	0.9
Stock-based compensation expense	[3]	1.1	9.8	2.9	166
Shareholder litigation settlement recoveries	[4]	0	0	(4.5)	0
Acquisition related expenses and non-cash charges	[5]	0.5	0.7	6.3	2.4
Losses (gains) on asset and business disposals		0.1	(0.6)	(1.1)	2
Other, net		(0.3)	3	2.4	4.2
Total other operating expense, net		6	17.4	10.8	186.7
Share-based Compensation [Abstract]
Stock-based compensation expense recognized		0.9	7.8	6.1	69.2
Stock-based compensation expense related to stock option exercise		$ 0.2
Decrease in stock-based compensation expense to DSU's				$ 3.2
Stock Options [Member]
Share-based Compensation [Abstract]
Stock-based compensation expense recognized			7.8		69.2
Deferred Stock Units [Member]
Share-based Compensation [Abstract]
Stock-based compensation expense recognized			2		96.8
2013 Stock Incentive Plan [Member] | Stock Options [Member]
Share-based Compensation [Abstract]
Stock-based compensation expense recognized			7.8		69.2
2013 Stock Incentive Plan [Member] | Deferred Stock Units [Member]
Share-based Compensation [Abstract]
Stock-based compensation expense recognized			$ 2		$ 96.8
[1]	See Note 3 "Restructuring."
[2]	Estimated environmental remediation costs recorded on an undiscounted basis for a former production facility.
[3]	Represents stock-based compensation expense recognized for the three month period ended September 30, 2018 of $0.9 million and employer taxes related to stock option exercises of $0.2 million. Represents stock-based compensation expense recognized for the nine month period ended September 30, 2018 of $6.1 million, reduced by $3.2 million primarily due to a decrease in the estimated accrual for employer taxes related to DSUs as a result of the achievement of employer tax caps in counties outside of the United States. Represents stock-based compensation expense recognized for stock options outstanding of $7.8 million and $69.2 million for the three month and nine month periods ended September 30, 2017 and DSUs granted to employees at the date of the initial public offering of $2.0 million and $96.8 million under the 2013 Stock Incentive Plan for the three and nine month periods ended September 30, 2017.
[4]	Represents an insurance recovery of the Company' shareholder litigation settlement in 2014.
[5]	Represents costs associated with successful and/or abandoned acquisitions, including third-party expenses, post-closure integration costs and non-cash charges and credits arising from fair value purchase accounting adjustments.

Contingencies (Details)

Contingencies (Details) $ in Millions	9 Months Ended
	Sep. 30, 2018USD ($)DefendantSite	Dec. 31, 2017USD ($)
Asbestos and Silica Related Litigation [Abstract]
Insurance recoveries of legal defense costs	$ 5.6
Environmental Matters [Abstract]
Number of on-site cleanups | Site	4
Number of on-site cleanups in operation and maintenance stage | Site	3
Number of on-site cleanups in implementation stage | Site	1
Undiscounted accrued liabilities	$ 7	$ 7.5
Asbestos and Silica Related Litigation [Member]
Asbestos and Silica Related Litigation [Abstract]
Litigation reserve	98.3	105.6
Insurance recovery receivable amount	95.9	$ 100.4
Asbestos related insurance recoveries	10.1
Recovery of indemnity payments	4.5
Insurance recoveries of legal defense costs	$ 5.6
Asbestos and Silica Related Litigation [Member] | Minimum [Member]
Asbestos and Silica Related Litigation [Abstract]
Number of defendants | Defendant	25

Segment Results (Details)

Segment Results (Details) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)Segment	Sep. 30, 2017USD ($)
Segment Results [Abstract]
Number of reportable segments | Segment				3
Segment Reporting [Abstract]
Revenue		$ 689.3	$ 649.6	$ 1,977.1	$ 1,710.4
Less items to reconcile Segment Adjusted EBITDA to Income (Loss) Before Income Taxes [Abstract]
Interest expense		24.4	30.1	76.5	115.4
Restructuring and related business transformation costs		12.3	6.3	25.2	20.5
Acquisition related expenses and non-cash charges	[1]	0.5	0.7	6.3	2.4
Stock-based compensation				6.1	166
Foreign currency transaction (gains) losses, net		0.8	(1.7)	0.6	(6.3)
Loss on extinguishment of debt		0.9	34.1	1	84.5
Shareholder litigation settlement recoveries	[2]	0	0	(4.5)	0
Income (Loss) Before Income Taxes		94.8	32.4	238.1	(166.3)
Insurance recoveries of legal defense costs				5.6
Restructuring and Related Business Transformation Costs [Abstract]
Restructuring charges	[3]	5.4	2.8	5.4	4.9
Severance, sign-on, relocation and executive search costs		(0.1)	0.6	3.8	2.2
Facility reorganization, relocation and other costs		1.1	1	2.4	3.9
Information technology infrastructure transformation		0.3	0.8	0.5	3.4
Losses (gains) on asset and business disposals		0.1	(0.6)	(1.1)	2
Consultant and other advisor fees		3.4	0.5	10	1.7
Other, net		2.1	1.2	4.2	2.4
Total restructuring and related business transformation costs		12.3	6.3	25.2	20.5
Stock-based compensation expense recognized		0.9	7.8	6.1	69.2
Stock-based compensation expense related to stock option exercise		0.2
Decrease in stock-based compensation expense to DSU's				3.2
Stock Options [Member]
Restructuring and Related Business Transformation Costs [Abstract]
Stock-based compensation expense recognized			7.8		69.2
Deferred Stock Units [Member]
Restructuring and Related Business Transformation Costs [Abstract]
Stock-based compensation expense recognized			2		96.8
Industrials [Member]
Segment Reporting [Abstract]
Revenue		320		965.7
Energy [Member]
Segment Reporting [Abstract]
Revenue		298.8		814.1
Medical [Member]
Segment Reporting [Abstract]
Revenue		70.5		197.3
Operating Segments [Member]
Segment Reporting [Abstract]
Adjusted EBITDA		187.5	178.5	506.9	419.8
Operating Segments [Member] | Industrials [Member]
Segment Reporting [Abstract]
Revenue		320	288.2	965.7	819
Adjusted EBITDA		72.1	63.1	210	173.7
Operating Segments [Member] | Energy [Member]
Segment Reporting [Abstract]
Revenue		298.8	301.6	814.1	719.4
Adjusted EBITDA		94.9	98.6	242.5	199.2
Operating Segments [Member] | Medical [Member]
Segment Reporting [Abstract]
Revenue		70.5	59.8	197.3	172
Adjusted EBITDA		20.5	16.8	54.4	46.9
Corporate [Member]
Less items to reconcile Segment Adjusted EBITDA to Income (Loss) Before Income Taxes [Abstract]
Corporate expenses not allocated to segments	[4],[5]	5.3	13.8	14.8	30.9
Segment Reconciling Items [Member]
Less items to reconcile Segment Adjusted EBITDA to Income (Loss) Before Income Taxes [Abstract]
Interest expense	[5]	24.4	30.1	76.5	115.4
Depreciation and amortization expenses	[5]	44.4	43.5	134.6	126.9
Sponsor fees and expenses	[5],[6]	0	0	0	17.3
Restructuring and related business transformation costs	[5],[7]	12.3	6.3	25.2	20.5
Acquisition related expenses and non-cash charges	[1],[5]	2.8	1.2	13.1	3.1
Environmental remediation loss reserve	[5],[8]	0	0	0	0.9
Expenses related to public stock offerings	[5],[9]	0.3	0.5	2.2	3.6
Establish public company financial reporting compliance	[5],[10]	1.3	3.8	3.2	7.2
Stock-based compensation	[5],[11]	1.1	9.8	2.9	166
Foreign currency transaction (gains) losses, net	[5]	(0.8)	1.7	(0.6)	6.3	[12]
Loss on extinguishment of debt	[5],[13]	0.9	34.1	1	84.5
Shareholder litigation settlement recoveries	[5],[12]	0	0	(4.5)	0
Other adjustments	[5],[14]	0.7	1.3	0.4	3.5
Restructuring and Related Business Transformation Costs [Abstract]
Total restructuring and related business transformation costs	[5],[7]	$ 12.3	$ 6.3	$ 25.2	$ 20.5
[1]	Represents costs associated with successful and/or abandoned acquisitions, including third-party expenses, post-closure integration costs and non-cash charges and credits arising from fair value purchase accounting adjustments.
[2]	Represents an insurance recovery of the Company' shareholder litigation settlement in 2014.
[3]	See Note 3 "Restructuring."
[4]	Includes insurance recoveries of asbestos legal fees of $5.6 million in the nine month period ended September 30, 2018.
[5]	The reconciling items for the three month and nine month periods ended September 30, 2017 have been reclassified to conform to the methodology used in the three and nine month periods ended September 30, 2018, and include the following.
[6]	Represents management fees and expenses paid to the Company's Sponsor.
[7]	Restructuring and related business transformation costs consist of the following.
[8]	Represents estimated environmental remediation costs and losses relating to a former production facility.
[9]	Represents expenses related to the Company's initial public offering and subsequent secondary offerings.
[10]	Represents third party expenses to comply with the requirements of Sarbanes-Oxley in 2018 and the accelerated adoption of new accounting standards (ASC 606 - Revenue from Contracts with Customers and ASC 842 - Leases) in the first quarter of 2018 and 2019, respectively, one year ahead of the required adoption dates for a private company. These expenses were previously included in "Expenses related to initial stock offering" and prior periods have been restated to conform to current period presentation.
[11]	Represents stock-based compensation expense recognized for the three month period ended September 30, 2018 of $0.9 million and employer taxes related to stock option exercises of $0.2 million. Represents stock-based compensation expense recognized for the nine month period ended September 30, 2018 of $6.1 million, reduced by $3.2 million primarily due to a decrease in the estimated accrual for employer taxes related to DSUs as a result of the achievement of employer tax caps in countries outside of the United States. Represents stock-based compensation expense recognized for stock options outstanding of $7.8 million and $69.2 million for the three month and nine month periods ended September 30, 2017 and DSUs granted to employees at the date of the initial public offering of $2.0 million and $96.8 million under the 2013 Stock Incentive Plan for the three and nine month periods ended September 30, 2017.
[12]	Represents an insurance recovery of the Company's shareholder litigation settlement in 2014.
[13]	Represents losses on extinguishment of the senior notes and a portion of the U.S. Term Loan and losses reclassified from AOCI into income related to the amendment of the interest rate swaps in conjunction with the debt repayment.
[14]	Includes (i) the effects of the amortization of prior service costs and the amortization of gains in pension and other postretirement benefits (OPEB) expense, (ii) certain legal and compliance costs and (iii) other miscellaneous adjustments.

Related Party Transactions (Det

Related Party Transactions (Details) - KKR [Member] € in Millions, $ in Millions	9 Months Ended
	Sep. 30, 2018EUR (€)	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)
Lender in Senior Secured Credit Facilities [Member] | Euro Term Loan Facility [Member]
Related Party Transaction, Due to Related Party [Abstract]
Related party transaction amount | €	€ 38.6
Monitoring Agreement [Member]
Related Party Transaction, Due to Related Party [Abstract]
Annual management fee due to related party			$ 3.5
Annual percentage increase in fee	5.00%
Monitoring agreement termination fee		$ 16.2
Management Fees [Member]
Related Party Transaction, Due to Related Party [Abstract]
Expenses with related party		$ 1.1

Earnings (Loss) Per Share (Deta

Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Earnings (Loss) Per Share [Abstract]
Net income (loss)	$ 72.2	$ 28	$ 174.9	$ (125.1)
Less: Net income attributable to noncontrolling interests	0	0	0	0.1
Net Income (Loss) Attributable to Gardner Denver Holdings, Inc.	$ 72.2	$ 28	$ 174.9	$ (125.2)
Average shares outstanding [Abstract]
Basic (in shares)	201.9	201.3	201.8	175.7
Diluted (in shares)	209.1	208.1	209.6	175.7
Income (loss) per share: [Abstract]
Basic (in dollars per share)	$ 0.36	$ 0.14	$ 0.87	$ (0.71)
Diluted (in dollars per share)	$ 0.35	$ 0.13	$ 0.83	$ (0.71)
Stock Options [Member]
Loss Per Share [Abstract]
Antidilutive securities excluded from computation of diluted loss per share (in shares)			0.8	12.3

Share Repurchase Program (Detai

Share Repurchase Program (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2018	Aug. 01, 2018
Share repurchase program [Abstract]
Stock repurchase program, authorized amount			$ 250
Stock repurchase program period		2 years
August 1, 2018 Program [Member]
Share repurchase program [Abstract]
Stock repurchased (in shares)	223,911	223,911
Weighted average price (in dollars per share)	$ 24.86	$ 24.86
Stock repurchased aggregate value	$ 5.6	$ 5.6