Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
Assets
Total assets	$ 0.0	$ 0.0
Liabilities and Equity (Deficit)
Total liabilities	0.0	0.0
Shareholder’s equity (deficit)
Common stock, $0.01 par value, 1,000 shares authorized, issued and outstanding at March 31, 2026 and December 31, 2025, respectively	0.0	0.0
Additional paid-in capital	0.0	0.0
Total shareholder’s equity (deficit)	0.0	0.0
Total liabilities and equity (deficit)	0.0	0.0
Madison Industries IAQ Solutions Corporation
Assets
Cash and cash equivalents	228.6	208.4
Accounts receivable, net	582.6	475.4
Inventories	422.6	408.4
Prepaid expenses and other current assets	49.3	43.8
Total current assets	1,283.1	1,136.0
Property, plant and equipment, net (Note 7)	367.9	371.7
Goodwill (Note 5)	3,316.6	3,318.5
Other intangible assets, net (Note 5)	3,189.5	3,231.8
Other long-term assets	152.1	119.1
Total assets	8,309.2	8,177.1
Liabilities and Equity (Deficit)
Accounts payable	306.8	260.1
Customer deposits and deferred revenue	123.1	128.3
Accrued expenses and other current liabilities (Note 9)	267.3	265.2
Current maturities of long-term debt (Note 10)	27.7	27.8
Total current liabilities	724.9	681.4
Long-term debt (Note 10)	5,621.0	5,622.6
Deferred income taxes (Note 8)	648.1	651.1
Other long-term liabilities	283.2	257.0
Total liabilities	7,277.2	7,212.1
Commitments and contingencies (Note 20)
Redeemable noncontrolling interests	888.7	882.9
Shareholder’s equity (deficit)
Common stock, $0.01 par value, 1,000 shares authorized, issued and outstanding at March 31, 2026 and December 31, 2025, respectively	0.0	0.0
Additional paid-in capital	12.8	0.0
Retained earnings (accumulated deficit)	27.3	(6.3)
Accumulated other comprehensive income (loss)	(29.0)	(30.7)
Total shareholder’s equity (deficit)	11.1	(37.0)
Noncontrolling interests	132.2	119.1
Total equity (deficit)	143.3	82.1
Total liabilities and equity (deficit)	$ 8,309.2	$ 8,177.1