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REVENUES (Tables)
12 Months Ended
Dec. 31, 2024
REVENUES  
Schedule of principal activities, separated by reportable segments and geographic region

(millions)

    

2024

2023

    

2022

    

Global Industrial

Product and sold equipment

 

$6,810.8

$6,710.8

$6,303.9

 

Service and lease equipment

 

966.4

915.7

893.2

 

Global Institutional & Specialty

 

 

Product and sold equipment

4,362.2

4,087.3

3,655.1

Service and lease equipment

1,020.4

911.9

777.0

Global Healthcare & Life Sciences

Product and sold equipment

1,300.6

1,476.2

1,398.1

Service and lease equipment

118.2

109.8

112.4

Global Pest Elimination

Service and lease equipment

1,162.8

1,066.0

959.0

Corporate

Product and sold equipment

-

42.5

89.1

Total

Total product and sold equipment

$12,473.6

$12,316.8

$11,446.2

Total service and lease equipment

3,267.8

3,003.4

2,741.6

Net sales at public exchange rates by geographic region were as follows:

Global Industrial

Global Institutional & Specialty

(millions)

    

2024

2023

    

2022

    

2024

2023

    

2022

    

United States

$3,320.7

$3,232.5

$3,129.2

$3,713.5

$3,410.5

$3,008.1

 

Europe

 

1,593.7

1,573.0

1,433.9

706.4

682.3

624.4

 

Asia Pacific

 

948.9

947.4

888.8

249.7

238.8

220.9

 

Latin America

 

810.5

772.5

656.2

201.6

197.8

169.2

 

India, Middle East and Africa

493.0

491.8

459.3

84.5

77.8

66.2

Greater China

400.4

407.0

435.8

177.5

161.0

138.3

Canada

210.0

202.3

193.9

249.4

231.0

205.0

Total

$7,777.2

$7,626.5

$7,197.1

$5,382.6

$4,999.2

$4,432.1

Global Healthcare & Life Sciences

Global Pest Elimination

(millions)

2024

2023

    

2022

    

2024

2023

    

2022

    

United States

$465.8

$633.6

$600.7

$805.6

$733.6

$650.3

 

Europe

705.5

719.2

675.6

187.5

171.0

154.7

 

Asia Pacific

111.3

103.9

100.4

32.1

28.7

27.9

 

Latin America

29.1

35.5

32.9

58.7

57.5

51.8

 

India, Middle East and Africa

40.6

29.6

29.0

7.1

6.9

8.1

Greater China

59.0

56.4

65.6

60.0

57.4

56.8

Canada

7.5

7.8

6.3

11.8

10.9

9.4

Total

$1,418.8

$1,586.0

$1,510.5

$1,162.8

$1,066.0

$959.0

Corporate

(millions)

2024

2023

    

2022

    

United States

$-

$38.4

$84.0

Europe

-

2.7

2.7

Asia Pacific

-

0.2

0.3

Latin America

-

1.1

1.6

Canada

-

0.1

0.5

Total

$-

$42.5

$89.1

Schedule of contract liability

December 31

December 31

(millions)

    

2024

2023

Contract liability as of beginning of the year

 

$110.9

$116.5

Revenue recognized in the year from:

 

Amounts included in the contract liability at the beginning of the year

 

(110.9)

(116.5)

Increases due to billings excluding amounts recognized as revenue during the year ended

102.0

110.9

Contract liability as of end of year

$102.0

$110.9