XML 37 R23.htm IDEA: XBRL DOCUMENT v3.20.2
Revenue (Tables)
6 Months Ended
Jun. 30, 2020
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Geographic net sales information, based on geographic destination of the sale, was as follows:
 
Three months ended
 
Six months ended
In millions
June 30,
2020
June 30,
2019
 
June 30,
2020
June 30,
2019
U.S.
$
482.7

$
511.1

 
$
946.7

$
937.1

Western Europe
84.9

106.9

 
188.7

211.2

Developing (1)
100.4

129.0

 
194.9

237.9

Other Developed (2)
45.3

52.5

 
93.0

102.2

Consolidated net sales
$
713.3

$
799.5

 
$
1,423.3

$
1,488.4

(1)  Developing includes China, Eastern Europe, Latin America, the Middle East and Southeast Asia.
(2) Other Developed includes Australia, Canada and Japan.

Vertical net sales information was as follows:
 
Three months ended
 
Six months ended
In millions
June 30,
2020
June 30,
2019
 
June 30,
2020
June 30,
2019
Residential
$
439.7

$
451.0

 
$
855.5

$
834.6

Commercial
124.4

170.7

 
265.8

321.4

Industrial
149.2

177.8

 
302.0

332.4

Consolidated net sales
$
713.3

$
799.5

 
$
1423.3

$
1488.4


Contract with Customer, Asset and Liability
Contract assets and liabilities
Contract assets and liabilities consisted of the following:
In millions
June 30,
2020
December 31,
2019
 
$ Change
% Change
Contract assets
$
49.5

$
41.0

 
$
8.5

20.7
 %
Contract liabilities
29.1

32.6

 
(3.5
)
(10.7
)%
Net contract assets
$
20.4

$
8.4

 
$
12.0

142.9
 %