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Reportable Business Segments (Tables)
 9 Months Ended
Sep. 30, 2025
Segment Reporting, Measurement Disclosures [Abstract]  
Summary of segment description The following table describes each segment:
 
SegmentProduct or ServicesMarkets ServedGeographic Areas
Home Comfort SolutionsFurnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, replacement parts and suppliesResidential Replacement;
Residential New Construction		United States
Canada
Building Climate SolutionsCommercial heating, air conditioning and refrigeration systems. Products include rooftop packaged units, variable refrigerant flow systems, heat pumps, air cooled condensing units, air handlers, unit coolers, and process chillers. Services include installation, energy monitoring, service and maintenance, and HVAC recycling.Light Commercial;
Food Preservation;
Non-Food Industry		United States
Canada
Net sales and segment profit (loss) and reconciliation of segment profit (loss) to income from continuing operations before income taxes
Key financial information for each segment is shown below (in millions):
 Home Comfort SolutionsBusiness Climate SolutionsCorporate and OtherTotal
Three months ended September 30, 2025
Net sales(1)
$912.9 $513.9 $— $1,426.8 
Cost of goods sold634.0 323.1 1.1 958.2 
Selling, general and administrative
81.2 58.0 22.4 161.6 
Other (income) expense(2)
(5.2)(1.2)3.2 (3.2)
Segment profit (loss)(3)
$202.9 $134.0 $(26.7)$310.2 
Three months ended September 30, 2024
Net sales(1)
$1,032.8 $465.3 $— $1,498.1 
Cost of goods sold706.6 302.5 0.6 1,009.7 
Selling, general and administrative
100.4 59.0 25.0 184.4 
Other (income) expense(2)
(0.7)(2.1)3.5 0.7 
Segment profit (loss)(3)
$226.5 $105.9 $(29.1)$303.3 
 Home Comfort SolutionsBusiness Climate SolutionsCorporate and OtherTotal
Nine months ended September 30, 2025
Net sales(1)
$2,643.6 $1,356.7 $— $4,000.3 
Cost of goods sold1,809.5 869.3 1.9 2,680.7 
Selling, general and administrative
271.0 179.4 55.8 506.2 
Other (income) expense(2)
(11.8)(2.0)7.4 (6.4)
Segment profit (loss)(3)
$574.9 $310.0 $(65.1)$819.8 
Nine months ended September 30, 2024
Net sales(1)
$2,689.7 $1,306.6 $— $3,996.3 
Cost of goods sold1,833.8 844.8 1.1 2,679.7 
Selling, general and administrative
292.5 167.9 63.2 523.6 
Other (income) expense(2)
(3.7)(4.2)12.3 4.4 
Segment profit (loss)(3)
$567.1 $298.1 $(76.6)$788.6 

(1) On a consolidated basis, no revenue from transactions with a single customer were 10% or greater of our consolidated net sales for any of the periods presented.

(2) Other (income) expense is primarily comprised of income from equity method investments and (gains) losses and other expenses, net.

(3) We define segment profit (loss) as a segment's operating income (loss) included in the accompanying Consolidated Statements of Operations, excluding:
•Restructuring charges, and
•Loss (gain) on sale from previous dispositions.

The reconciliations of segment profit to Operating income and Net income before income taxes are presented below (in millions):
 For the Three Months Ended September 30,For the Nine Months Ended September 30,
 2025202420252024
Total segment profit(1)
$310.2 $303.3 $819.8 $788.6 
Reconciliation to Operating income:
Restructuring charges
— — — — 
Gain on sale from previous dispositions— — — (1.6)
Operating income310.2 303.3 819.8 790.2 
Reconciliation to income before income taxes:
Pension settlements0.1 0.1 0.3 0.4 
Interest expense, net10.5 8.9 25.0 33.2 
Other expense, net0.8 0.4 2.3 1.5 
Net income before income taxes$298.8 $293.9 $792.2 $755.1 

(1) We define segment profit (loss) as a segment's operating income (loss) included in the accompanying Consolidated Statements of Operations, excluding:
•Restructuring charges, and
•Loss (gain) on sale from previous dispositions.
Reconciliation of Assets from Segment to Consolidated
Total assets by segment are shown below (in millions) as of:
September 30, 2025December 31, 2024
Total Assets:
Home Comfort Solutions$1,869.5 $1,626.0 
Building Climate Solutions1,281.8 1,052.6 
Corporate and Other373.3 793.2 
Total assets$3,524.6 $3,471.8 
Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country Property, plant and equipment, net for each major geographic area in which we operate, based on the domicile of our operations, are shown below (in millions) as of:
September 30, 2025December 31, 2024
Property, Plant and Equipment, net:
United States$570.4 $537.3 
Mexico266.6 254.0 
Canada3.7 2.9 
Other international6.8 5.9 
Total Property, plant and equipment, net$847.5 $800.1 
Segment, Reconciliation of Other Items from Segments to Consolidated
Total capital expenditures by segment are shown below (in millions):
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2025202420252024
Capital Expenditures:
Home Comfort Solutions$7.2 $16.8 $30.4 $45.6 
Building Climate Solutions22.0 17.5 34.5 39.7 
Corporate and Other6.4 6.9 24.7 18.1 
Total capital expenditures $35.6 $41.2 $89.6 $103.4 


Depreciation and amortization expenses by segment are shown below (in millions):
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2025202420252024
Depreciation and Amortization:
Home Comfort Solutions$11.5 $6.2 $33.4 $28.5 
Building Climate Solutions8.6 6.5 24.5 18.5 
Corporate and Other6.9 7.7 21.5 22.6 
Total depreciation and amortization$27.0 $20.4 $79.4 $69.6 

The income from equity method investments is shown below (in millions):
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2025202420252024
Income from Equity Method Investments:
Home Comfort Solutions$2.4 $1.1 $4.8 $3.7 
Building Climate Solutions0.3 1.1 1.1 2.3 
Corporate and Other(0.2)0.2 (0.1)0.1 
Total income from equity method investments$2.5 $2.4 $5.8 $6.1