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Pay vs Performance Disclosure - USD ($)
 2 Months Ended 3 Months Ended 8 Months Ended 12 Months Ended
May 08, 2022
Mar. 23, 2022
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure              
Pay vs Performance Disclosure, Table      
Pay Versus Performance Table
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation
S-K,
we are providing the following information about the relationship between executive “compensation actually paid” or “CAP” and certain financial performance of the Company. You should refer to the “Compensation Discussion and Analysis” in this proxy statement for a more detailed description of how executive compensation relates to Company performance and how the Compensation and Human Resources Committee makes its decisions.
 
 Year 
(a)
  
Summary
Compensation
Table (SCT)
Total for PEO
1 (Todd M.
Bluedorn)
(b)(1)
    
Compensation
Actually Paid
(“CAP”) to
PEO 1 (Todd
M. Bluedorn)
(c)(1)(2)
    
SCT
Total for
PEO 2
(Todd J.
Teske)
(b)(1)
    
CAP to
PEO 2
(Todd J.
Teske)
(c)(1)(2)
    
SCT Total
for PEO 3
(Alok
Maskara)
(b)(1)
    
CAP to
PEO 3
(Alok
Maskara)
(c)(1)(2)
    
Average SCT
Total for
Non-PEO
Named
Executive
Officers (d)
    
Average
CAP to
Non-PEO

Named
Executive
Officers
(e)(1)(2)
    
Value of Initial Fixed $100
Investment Based On:
    
Net Income
(in $millions)
(h)
         
 
Total
Shareholder
Return
(f)(3)
    
Peer
Group
Total
Shareholder
Return
(g)(3)
    
Company
Core Net
Income
(in $millions)
(i)(4)
  
2023
  
 
—
 
  
 
—
 
  
 
—
 
  
 
—
 
  
 
$4,983,663
 
  
 
$17,440,536
 
  
 
$2,113,404
 
  
 
$4,640,007
 
  
 
$193.75
 
  
 
$166.38
 
  
 
$590.1
 
  
 
$641.8
 
2022
  
 
$307,131
 
  
 
$(14,370,215
) 
  
 
$593,636
 
  
 
$493,206
 
  
 
$10,097,779
 
  
 
$11,097,872
 
  
 
$2,397,526
 
  
 
$1,399,029
 
  
 
$102.22
 
  
 
$129.46
 
  
 
$497.1
 
  
 
$505.3
 
2021
  
 
$5,027,345
 
  
 
$14,483,856
 
  
 
—
 
  
 
—
 
  
 
—
 
  
 
—
 
  
 
$3,314,344
 
  
 
$4,935,005
 
  
 
$136.21
 
  
 
$157.26
 
  
 
$464.0
 
  
 
$464.5
 
2020
  
 
$14,475,348
 
  
 
$12,279,138
 
  
 
—
 
  
 
—
 
  
 
—
 
  
 
—
 
  
 
$3,535,972
 
  
 
$3,015,242
 
  
 
$113.79
 
  
 
$117.41
 
  
 
$356.3
 
  
 
$399.3
 
 
  (1)
Todd M. Bluedorn (“PEO 1”) served as our principal executive officer (“PEO”) from January 1, 2022 to March 23, 2022, and for the full year for 2021 and 2020. Todd J. Teske (“PEO 2”) served as of PEO from March 23, 2022 through May 8, 2022. Alok Maskara (“PEO 3”) has served as our PEO from May 9, 2022 to present. For 2023, our
non-PEO
NEOs were Joseph W. Reitmeier, Joseph F. Nassab, Daniel M. Sessa, John D. Torres, and Douglas L. Young. For 2022, our
non-PEO
NEOs were Joseph W. Reitmeier, Gary S. Bedard, Douglas L. Young, and Joseph F. Nassab. For 2021 and 2020, our
non-PEO
NEOs were Joseph W. Reitmeier, Douglas L. Young, Daniel M. Sessa, and John D. Torres.
 
  (2)
For 2023, the values included in these columns for the compensation actually paid to our PEOs and the average compensation actually paid to our
non-PEO
NEOs reflect the following adjustments to the values included in column (b) and column (d), respectively:
 
     
    
 Alok Maskara 
 (PEO 3) 
  
Average for Non-
PEO NEOs
Summary Compensation Table Total Compensation
  
4,983,663
  
2,113,404
     
- aggregate change in actuarial present value of pension benefits
  
—
  
217,011
     
+ service cost of pension benefits
  
—
  
56,363
     
+ prior service cost of pension benefit
  
—
  
—
     
- SCT “Stock Awards” column value
  
—
  
—
     
- SCT “Option Awards” column value
  
—
  
—
     
+
year-end
fair value of equity awards granted in the covered year that are outstanding and unvested as of the covered
year-end
  
—
  
—
     
[+/-] change in fair value (from prior
year-end
to covered
year-end)
of equity awards granted in prior years that are outstanding and unvested as of the covered
year-end
  
12,259,033
  
2,243,275
     
+ vesting date fair value of equity awards granted and vested in the covered year
  
—
  
—
     
[+/-] change in fair value (from prior
year-end
to vesting date) of equity awards granted in prior years that vested in the covered year
  
197,840
  
798,768
     
- fair value as of prior-year end of equity awards granted in prior years that failed to vest in the covered year
  
—
  
354,792
     
+ dollar value of dividends/earnings paid on equity awards in the covered year
  
—
  
—
     
Compensation Actually Paid
  
17,440,536
  
4,640,007
 
   
The fair values reflected for equity awards are calculated in a manner consistent with the methodology used to account for share-based payments in our financial statements, as described in Note 15 of the Consolidated Financial Statements for the fiscal year ended December 31, 2023, included in our Form
10-K.
 
  (3)
For purposes of this pay versus performance disclosure, our peer group consists of the following entities for 2023, which are the same entitles included in the peer group for 2022: A. O. Smith Corporation, Acuity Brands, Inc., Dover Corporation, Flowserve Corporation, Fortune Brands Home & Security, Inc., Hubbell Inc., IDEX Corporation, Masco Corporation, Owens Corning, Pentair, Inc., Regal Rexnord Corporation, Rockwell Automation, Inc., Snap- On Incorporated, The Timken Company, and Xylem Inc. (the “Peer Group”). Total shareholder return for the peer group has been updated based on SEC guidance issued in late 2023.
 
  (4)
Company core net income, a
non-GAAP
financial measure, is income from continuing operations, adjusted for restructuring charges, impairments on assets held for sale, gain on sale of businesses, non-core business results, certain legal charges and contingency adjustments, unrealized gains and losses on unsettled futures contracts, impairments on assets held for sale, gain on sale of businesses,
non-core
business results, and certain other items.
     
Company Selected Measure Name       Company core net income      
Named Executive Officers, Footnote       For 2023, our
non-PEO
NEOs were Joseph W. Reitmeier, Joseph F. Nassab, Daniel M. Sessa, John D. Torres, and Douglas L. Young. For 2022, our
non-PEO
NEOs were Joseph W. Reitmeier, Gary S. Bedard, Douglas L. Young, and Joseph F. Nassab. For 2021 and 2020, our
non-PEO
NEOs were Joseph W. Reitmeier, Douglas L. Young, Daniel M. Sessa, and John D. Torres. 		     
Peer Group Issuers, Footnote       For purposes of this pay versus performance disclosure, our peer group consists of the following entities for 2023, which are the same entitles included in the peer group for 2022: A. O. Smith Corporation, Acuity Brands, Inc., Dover Corporation, Flowserve Corporation, Fortune Brands Home & Security, Inc., Hubbell Inc., IDEX Corporation, Masco Corporation, Owens Corning, Pentair, Inc., Regal Rexnord Corporation, Rockwell Automation, Inc., Snap- On Incorporated, The Timken Company, and Xylem Inc. (the “Peer Group”). Total shareholder return for the peer group has been updated based on SEC guidance issued in late 2023.      
Adjustment To PEO Compensation, Footnote      
  (2)
For 2023, the values included in these columns for the compensation actually paid to our PEOs and the average compensation actually paid to our
non-PEO
NEOs reflect the following adjustments to the values included in column (b) and column (d), respectively:
 
     
    
 Alok Maskara 
 (PEO 3) 
  
Average for Non-
PEO NEOs
Summary Compensation Table Total Compensation
  
4,983,663
  
2,113,404
     
- aggregate change in actuarial present value of pension benefits
  
—
  
217,011
     
+ service cost of pension benefits
  
—
  
56,363
     
+ prior service cost of pension benefit
  
—
  
—
     
- SCT “Stock Awards” column value
  
—
  
—
     
- SCT “Option Awards” column value
  
—
  
—
     
+
year-end
fair value of equity awards granted in the covered year that are outstanding and unvested as of the covered
year-end
  
—
  
—
     
[+/-] change in fair value (from prior
year-end
to covered
year-end)
of equity awards granted in prior years that are outstanding and unvested as of the covered
year-end
  
12,259,033
  
2,243,275
     
+ vesting date fair value of equity awards granted and vested in the covered year
  
—
  
—
     
[+/-] change in fair value (from prior
year-end
to vesting date) of equity awards granted in prior years that vested in the covered year
  
197,840
  
798,768
     
- fair value as of prior-year end of equity awards granted in prior years that failed to vest in the covered year
  
—
  
354,792
     
+ dollar value of dividends/earnings paid on equity awards in the covered year
  
—
  
—
     
Compensation Actually Paid
  
17,440,536
  
4,640,007
      
Non-PEO NEO Average Total Compensation Amount       $ 2,113,404 $ 2,397,526 $ 3,314,344 $ 3,535,972
Non-PEO NEO Average Compensation Actually Paid Amount       $ 4,640,007 1,399,029 4,935,005 3,015,242
Adjustment to Non-PEO NEO Compensation Footnote      
  (2)
For 2023, the values included in these columns for the compensation actually paid to our PEOs and the average compensation actually paid to our
non-PEO
NEOs reflect the following adjustments to the values included in column (b) and column (d), respectively:
 
     
    
 Alok Maskara 
 (PEO 3) 
  
Average for Non-
PEO NEOs
Summary Compensation Table Total Compensation
  
4,983,663
  
2,113,404
     
- aggregate change in actuarial present value of pension benefits
  
—
  
217,011
     
+ service cost of pension benefits
  
—
  
56,363
     
+ prior service cost of pension benefit
  
—
  
—
     
- SCT “Stock Awards” column value
  
—
  
—
     
- SCT “Option Awards” column value
  
—
  
—
     
+
year-end
fair value of equity awards granted in the covered year that are outstanding and unvested as of the covered
year-end
  
—
  
—
     
[+/-] change in fair value (from prior
year-end
to covered
year-end)
of equity awards granted in prior years that are outstanding and unvested as of the covered
year-end
  
12,259,033
  
2,243,275
     
+ vesting date fair value of equity awards granted and vested in the covered year
  
—
  
—
     
[+/-] change in fair value (from prior
year-end
to vesting date) of equity awards granted in prior years that vested in the covered year
  
197,840
  
798,768
     
- fair value as of prior-year end of equity awards granted in prior years that failed to vest in the covered year
  
—
  
354,792
     
+ dollar value of dividends/earnings paid on equity awards in the covered year
  
—
  
—
     
Compensation Actually Paid
  
17,440,536
  
4,640,007
      
Compensation Actually Paid vs. Total Shareholder Return      
LOGO
     
Compensation Actually Paid vs. Net Income      
 
 
LOGO
     
Compensation Actually Paid vs. Company Selected Measure      
LOGO
     
Total Shareholder Return Vs Peer Group      
LOGO
     
Tabular List, Table      
Tabular List
The following table lists the four financial performance measures that we believe represent the most important financial performance measures the Company used to link compensation actually paid to our NEOs for fiscal 2023 to our performance:
 
 
Core Net Income
 
Earnings Per Share
 
ROIC
 
Free Cash Flow
      
Total Shareholder Return Amount       $ 193.75 102.22 136.21 113.79
Peer Group Total Shareholder Return Amount       166.38 129.46 157.26 117.41
Net Income (Loss)       $ 590,100,000 $ 497,100,000 $ 464,000,000 $ 356,300,000
Company Selected Measure Amount       641,800,000 505,300,000 464,500,000 399,300,000
Measure:: 1              
Pay vs Performance Disclosure              
Name       Core Net Income      
Non-GAAP Measure Description       Company core net income, a
non-GAAP
financial measure, is income from continuing operations, adjusted for restructuring charges, impairments on assets held for sale, gain on sale of businesses, non-core business results, certain legal charges and contingency adjustments, unrealized gains and losses on unsettled futures contracts, impairments on assets held for sale, gain on sale of businesses,
non-core
business results, and certain other items. 		     
Measure:: 2              
Pay vs Performance Disclosure              
Name       Earnings Per Share      
Measure:: 3              
Pay vs Performance Disclosure              
Name       ROIC      
Measure:: 4              
Pay vs Performance Disclosure              
Name       Free Cash Flow      
Todd M. Bluedorn [Member]              
Pay vs Performance Disclosure              
PEO Total Compensation Amount       $ 0 $ 307,131 $ 5,027,345 $ 14,475,348
PEO Actually Paid Compensation Amount       0 (14,370,215) $ 14,483,856 $ 12,279,138
PEO Name   Todd M. Bluedorn       Todd M. Bluedorn Todd M. Bluedorn
Todd J. Teske [Member]              
Pay vs Performance Disclosure              
PEO Total Compensation Amount       0 593,636 $ 0 $ 0
PEO Actually Paid Compensation Amount       0 493,206 0 0
PEO Name Todd J. Teske            
Alok Maskara [Member]              
Pay vs Performance Disclosure              
PEO Total Compensation Amount       4,983,663 10,097,779 0 0
PEO Actually Paid Compensation Amount       $ 17,440,536 $ 11,097,872 $ 0 $ 0
PEO Name     Alok Maskara Alok Maskara      
PEO | Alok Maskara [Member] | Aggregate change in actuarial present value of pension benefits              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       $ 0      
PEO | Alok Maskara [Member] | Service cost of pension benefits              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       0      
PEO | Alok Maskara [Member] | Prior service cost of pension benefit              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       0      
PEO | Alok Maskara [Member] | SCT Stock Awards column value              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       0      
PEO | Alok Maskara [Member] | SCT Option Awards column value              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       0      
PEO | Alok Maskara [Member] | Year-end fair value of equity awards granted in the covered year that are outstanding and unvested as of the covered year-end              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       0      
PEO | Alok Maskara [Member] | Change in fair value (from prior year-end to covered year-end) of equity awards granted in prior years that are outstanding and unvested as of the covered year end              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       12,259,033      
PEO | Alok Maskara [Member] | Vesting date fair value of equity awards granted and vested in the covered yea              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       0      
PEO | Alok Maskara [Member] | Change in fair value (from prior year-end to vesting date) of equity awards granted in prior years that vested in the covered year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       197,840      
PEO | Alok Maskara [Member] | Fair value as of prior-year end of equity awards granted in prior years that failed to vest in the covered year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       0      
PEO | Alok Maskara [Member] | Dollar value of dividends/earnings paid on equity awards in the covered year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       0      
Non-PEO NEO | Aggregate change in actuarial present value of pension benefits              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       217,011      
Non-PEO NEO | Service cost of pension benefits              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       56,363      
Non-PEO NEO | Prior service cost of pension benefit              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       0      
Non-PEO NEO | SCT Stock Awards column value              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       0      
Non-PEO NEO | SCT Option Awards column value              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       0      
Non-PEO NEO | Year-end fair value of equity awards granted in the covered year that are outstanding and unvested as of the covered year-end              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       0      
Non-PEO NEO | Change in fair value (from prior year-end to covered year-end) of equity awards granted in prior years that are outstanding and unvested as of the covered year end              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       2,243,275      
Non-PEO NEO | Vesting date fair value of equity awards granted and vested in the covered yea              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       0      
Non-PEO NEO | Change in fair value (from prior year-end to vesting date) of equity awards granted in prior years that vested in the covered year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       798,768      
Non-PEO NEO | Fair value as of prior-year end of equity awards granted in prior years that failed to vest in the covered year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       354,792      
Non-PEO NEO | Dollar value of dividends/earnings paid on equity awards in the covered year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       $ 0