XML 43 R31.htm IDEA: XBRL DOCUMENT v3.24.3
Revenue (Tables)
 9 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregated Revenue by Business Group
The following table presents disaggregated revenue by business group. In January 2024, we internally reorganized certain businesses within our Utility Solutions segment, and in July 2024, we internally reorganized certain businesses within our Electrical Solutions segment. Those re-organizations streamline the organization and align the organization to better serve our customers. These changes had no impact to our reportable segments. In conjunction with these changes, prior period amounts have been reclassified to conform to the current organizational structure. 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 September 30,Nine Months Ended September 30,
in millions2024202320242023
Net sales
   Grid Infrastructure$654.2 $569.7 $1,921.5 $1,714.5 
   Grid Automation278.9 268.2 832.1 735.8 
Total Utility Solutions$933.1 $837.9 $2,753.6 $2,450.3 
   Electrical Products$232.1 $231.3 $708.6 $682.4 
   Industrial277.4 261.0 810.8 749.5 
   Retail and Builder— 45.6 21.2 144.9 
Total Electrical Solutions$509.5 $537.9 $1,540.6 $1,576.8 
TOTAL$1,442.6 $1,375.8 $4,294.2 $4,027.1 
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 September 30,Nine Months Ended September 30,
in millions2024202320242023
Net sales
   United States$887.0 $796.5 $2,619.9 $2,323.4 
   International46.1 41.4 133.7 126.9 
Total Utility Solutions$933.1 $837.9 $2,753.6 $2,450.3 
   United States$433.5 $465.7 $1,315.6 $1,369.9 
   International76.0 72.2 225.0 206.9 
Total Electrical Solutions$509.5 $537.9 $1,540.6 $1,576.8 
TOTAL$1,442.6 $1,375.8 $4,294.2 $4,027.1