XML 43 R31.htm IDEA: XBRL DOCUMENT v3.24.2
Revenue (Tables)
 6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregated Revenue by Business Group
The following table presents disaggregated revenue by business group. On January 1, 2024, we internally reorganized certain businesses within our Utility Solutions segment to streamline the organization and align the organization to better serve our customers. This change had no impact to our reportable segments. In conjunction with this change, prior period amounts have been reclassified to conform to the organizational changes within the Utility Solutions segment. In addition, the residential lighting business, included in the Retail and Builder section below, was sold in the first quarter of 2024.
Three Months Ended June 30,Six Months Ended June 30,
in millions2024202320242023
Net sales
   Grid Infrastructure$654.5 $583.1 $1,267.3 $1,144.8 
   Grid Automation272.0 247.7 553.2 467.6 
Total Utility Solutions$926.5 $830.8 $1,820.5 $1,612.4 
   Electrical Products$223.1 $213.0 $434.6 $417.0 
   Connection and Bonding192.3 165.7 367.8 319.6 
   Industrial Controls110.6 109.1 207.5 203.0 
   Retail and Builder— 47.3 21.2 99.3 
Total Electrical Solutions$526.0 $535.1 $1,031.1 $1,038.9 
TOTAL$1,452.5 $1,365.9 $2,851.6 $2,651.3 
The following table presents disaggregated revenue by geographic location (on a geographic basis, the Company defines "international" as operations based outside of the United States and its possessions):
Three Months Ended June 30,Six Months Ended June 30,
in millions2024202320242023
Net sales
   United States$879.7 $786.6 $1,732.9 $1,526.9 
   International46.8 44.2 87.6 85.5 
Total Utility Solutions$926.5 $830.8 $1,820.5 $1,612.4 
   United States$447.9 $465.2 $882.1 $904.2 
   International78.1 69.9 149.0 134.7 
Total Electrical Solutions$526.0 $535.1 $1,031.1 $1,038.9 
TOTAL$1,452.5 $1,365.9 $2,851.6 $2,651.3