Industry Segments and Geographic Area Information (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Industry Segment Data

INDUSTRY SEGMENT DATA

	2024		2023		2022
Net Sales:
Utility Solutions	$	3,600.7	$	3,261.7	$	2,871.1
Electrical Solutions	2,027.8		2,111.2		2,076.8
TOTAL NET SALES	$	5,628.5	$	5,372.9	$	4,947.9
Cost of Goods Sold:
Utility Solutions	$	2,420.4	$	2,121.6	$	2,061.6
Electrical Solutions	1,304.0		1,363.2		1,414.7
Total Cost of Goods Sold	$	3,724.4	$	3,484.8	$	3,476.3
Gross Profit:
Utility Solutions	$	1,180.3	$	1,140.1	$	809.5
Electrical Solutions	723.8		748.0		662.1
Total Gross Profit	$	1,904.1	$	1,888.1	$	1,471.6
Selling and Administrative Expenses:
Utility Solutions	$	450.5	$	433.5	$	371.3
Electrical Solutions	362.0		416.1		391.2
Total Selling and Administrative Expenses	$	812.5	$	849.6	$	762.5
Operating Income:
Utility Solutions	$	729.8	$	706.6	$	438.2
Electrical Solutions	361.8		331.9		270.9
Total Operating Income	$	1,091.6	$	1,038.5	$	709.1
Loss on disposition of business (Note 4)	(5.3)		—		—
Pension charge (Note 12)	—		—		(7.0)
Interest expense, net	(73.8)		(36.7)		(49.6)
Other (expense) income, net	(7.2)		(18.5)		4.5
INCOME BEFORE INCOME TAXES	$	1,005.3	$	983.3	$	657.0

	2024		2023		2022
Assets:
Utility Solutions	$	4,478.2	$	4,601.1	$	3,011.9
Electrical Solutions	1,865.6		1,923.1		1,972.9
General Corporate	335.3		389.8		417.8
TOTAL ASSETS	$	6,679.1	$	6,914.0	$	5,402.6
Capital Expenditures:
Utility Solutions	$	100.3	$	97.3	$	86.9
Electrical Solutions	75.0		64.8		39.5
General Corporate	5.1		3.6		2.9
TOTAL CAPITAL EXPENDITURES	$	180.4	$	165.7	$	129.3
Depreciation and Amortization:
Utility Solutions	$	164.5	$	103.4	$	99.2
Electrical Solutions	47.6		46.3		49.3
TOTAL DEPRECIATION AND AMORTIZATION	$	212.1	$	149.7	$	148.5

Schedule of Geographic Area Data

GEOGRAPHIC AREA DATA

	2024		2023		2022
Net Sales:
United States	$	5,159.3	$	4,922.4	$	4,536.4
International	469.2		450.5		411.5
TOTAL NET SALES	$	5,628.5	$	5,372.9	$	4,947.9
Operating Income:
United States	$	1,007.0	$	937.0	$	598.5
International	84.6		101.5		110.6
TOTAL OPERATING INCOME	$	1,091.6	$	1,038.5	$	709.1
Long-lived Assets:
United States	$	4,128.9	$	4,250.7	$	2,983.5
International	457.3		488.8		392.3
TOTAL LONG-LIVED ASSETS	$	4,586.2	$	4,739.5	$	3,375.8