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Reportable Business Segments (Tables)
 3 Months Ended
Mar. 31, 2023
Segment Reporting, Measurement Disclosures [Abstract]  
Summary of segment description The following table describes each segment: 
SegmentProduct or ServicesMarkets ServedGeographic Areas
ResidentialFurnaces, 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
CommercialUnitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment, variable refrigerant flow commercial products, condensing units, unit coolers, fluid coolers, air cooled condensers, air handlers, controls, and compressorized racksLight Commercial;
Food Preservation;
Non-Food/Industrial		United States
Canada
Net sales and segment profit (loss) and reconciliation of segment profit (loss) to income from continuing operations before income taxes
Net sales and segment profit (loss) for each segment, along with a reconciliation of segment profit (loss) to Operating income, are shown below (in millions):
 For the Three Months Ended March 31,
 2023
2022 (2)
Net sales
Residential$681.0 $682.2 
Commercial308.7 279.5 
Corporate and other59.7 51.7 
$1,049.4 $1,013.4 
Segment profit (loss) (1)
Residential$111.1 $107.6 
Commercial50.0 23.8 
Corporate and other(19.4)(16.8)
Total segment profit141.7 114.6 
Reconciliation to Operating income:
Items in Losses (gains) and other expenses, net that are excluded from segment profit (loss) (1)
2.2 2.2 
Restructuring charges— 0.5 
Operating income$139.5 $111.9 
(1) We define segment profit (loss) as a segment's operating income included in the accompanying Consolidated Statements of Operations, excluding:
◦The following items in Losses (gains) and other expenses, net:
▪Net change in unrealized gains (losses) on unsettled futures contracts,
▪Environmental liabilities and special litigation charges,
▪Charges incurred related to COVID-19 pandemic, and
▪Other items, net,
◦Restructuring charges.
Schedule of Error Corrections and Prior Period Adjustments
Q1 2022Q2 2022Q3 2022Q4 20222022
As ReportedAs AdjustedAs ReportedAs AdjustedAs ReportedAs AdjustedAs ReportedAs AdjustedAs ReportedAs Adjusted
Residential segment net sales
$682.2 $682.2 $977.5 $977.5 $835.3 $835.3 $703.4 $703.4 $3,198.3 $3,198.3 
Residential segment profit
$107.6 $107.6 $216.3 $216.3 $153.8 $153.8 $119.2 $119.2 $596.9 $596.9 
Commercial segment net sales
$187.7 $279.5 $219.6 $327.4 $252.9 $352.3 $240.5 $327.2 $900.7 $1,286.4 
Commercial segment profit
$6.3 $23.8 $17.2 $41.2 $29.6 $52.4 $27.9 $45.6 $80.9 $163.0 
Refrigeration segment net sales$143.5 $— $169.2 $— $156.7 $— $149.9 $— $619.4 $— 
Refrigeration segment profit$14.1 $— $23.4 $— $22.4 $— $18.8 $— $78.8 $— 
Corporate net sales$— $— $— $— $— $— $— $— $— $— 
Net sales from European operations$— $51.7 $— $61.4 $— $57.3 $— $63.2 $— $233.7 
Corporate and other net sales$— $51.7 $— $61.4 $— $57.3 $— $63.2 $— $233.7 
Corporate costs$(13.4)$(13.4)$(27.1)$(27.1)$(16.5)$(16.5)$(33.7)$(33.7)$(90.8)$(90.8)
Segment profit from European operations$— $(3.4)$— $(0.6)$— $(0.4)$— $1.1 $— $(3.3)
Corporate and other segment profit$(13.4)$(16.8)$(27.1)$(27.7)$(16.5)$(16.9)$(33.7)$(32.6)$(90.8)$(94.1)
LII net sales$1,013.4 $1,013.4 $1,366.3 $1,366.3 $1,244.9 $1,244.9 $1,093.8 $1,093.8 $4,718.4 $4,718.4 
LII total segment profit$114.6 $114.6 $229.8 $229.8 $189.3 $189.3 $132.2 $132.2 $665.8 $665.8 
Q1 2021Q2 2021Q3 2021Q4 20212021
As ReportedAs AdjustedAs ReportedAs AdjustedAs ReportedAs AdjustedAs ReportedAs AdjustedAs ReportedAs Adjusted
Residential segment net sales
$606.3 $606.3 $838.0 $838.0 $711.0 $711.0 $620.3 $620.3 $2,775.6 $2,775.6 
Residential segment profit
$96.4 $96.4 $189.7 $189.7 $144.0 $144.0 $110.3 $110.3 $540.3 $540.3 
Commercial segment net sales
$199.2 $274.8 $252.8 $335.0 $211.5 $292.7 $201.4 $286.3 $864.8 $1,188.8 
Commercial segment profit
$27.4 $39.6 $45.3 $58.9 $22.6 $36.3 $15.6 $29.8 $110.9 $164.6 
Refrigeration segment net sales$125.0 $— $148.2 $— $137.4 $— $143.1 $— $553.7 $— 
Refrigeration segment profit$7.9 $— $13.5 $— $14.5 $— $13.2 $— $49.1 $— 
Corporate net sales$— $— $— $— $— $— $— $— $— $— 
Net sales from European operations$— $49.4 $— $66.0 $— $56.2 $— $58.2 $— $229.7 
Corporate and other net sales$— $49.4 $— $66.0 $— $56.2 $— $58.2 $— $229.7 
Corporate costs$(16.0)$(16.0)$(26.9)$(26.9)$(16.3)$(16.3)$(37.2)$(37.2)$(96.4)$(96.4)
Segment profit from European operations$— $(4.3)$— $(0.1)$— $0.8 $— $(1.0)$— $(4.6)
Corporate and other segment profit$(16.0)$(20.3)$(26.9)$(27.0)$(16.3)$(15.5)$(37.2)$(38.2)$(96.4)$(101.0)
LII net sales$930.5 $930.5 $1,239.0 $1,239.0 $1,059.9 $1,059.9 $964.8 $964.8 $4,194.1 $4,194.1 
LII total segment profit$115.7 $115.7 $221.6 $221.6 $164.8 $164.8 $101.9 $101.9 $603.9 $603.9