XML 41 R31.htm IDEA: XBRL DOCUMENT v3.25.1
Segment Data (Tables)
6 Months Ended
May 02, 2025
Segment Reporting [Abstract]  
Schedule of Financial Information Concerning Reportable Segments
The following tables present summarized financial information concerning the company’s reportable business segments and Other activities (dollars in millions):
Three Months Ended May 2, 2025ProfessionalResidentialOtherTotal
Net sales$1,014.1 $297.4 $6.4 $1,317.9 
Intersegment gross sales (eliminations)19.9 — (19.9)— 
Earnings (loss) before income taxes$202.1 $16.1 $(49.5)$168.7 
Six Months Ended May 2, 2025ProfessionalResidentialOtherTotal
Net sales$1,782.9 $518.4 $11.6 $2,312.9 
Intersegment gross sales (eliminations)34.4 — (34.4)— 
Earnings (loss) before income taxes329.3 33.3 (127.8)234.8 
Total assets$2,733.8 $631.5 $422.8 $3,788.1 
Three Months Ended May 3, 2024ProfessionalResidentialOtherTotal
Net sales$1,005.6 $335.6 $7.8 $1,349.0 
Intersegment gross sales (eliminations)11.1 — (11.1)— 
Earnings (loss) before income taxes$190.7 $36.1 $(47.6)$179.2 
Six Months Ended May 3, 2024ProfessionalResidentialOtherTotal
Net sales$1,762.1 $575.7 $13.1 $2,350.9 
Intersegment gross sales (eliminations)21.8 0.1 (21.9)— 
Earnings (loss) before income taxes303.5 59.6 (103.8)259.3 
Total assets$2,768.4 $669.3 $414.5 $3,852.2 
Schedule of Components of Loss Before Income Taxes Included in Other Segment
The following table presents the details of operating loss before income taxes for the company's Other activities:
 Three Months EndedSix Months Ended
(Dollars in millions)May 2, 2025May 3, 2024May 2, 2025May 3, 2024
Corporate expenses$(46.2)$(42.5)$(114.0)$(90.6)
Interest expense(15.8)(16.7)(30.8)(32.9)
Earnings from the company's wholly-owned domestic distribution company and other income, net12.5 11.6 17.0 19.7 
Total operating loss$(49.5)$(47.6)$(127.8)$(103.8)