Revenue (Tables)

9 Months Ended

Sep. 30, 2022

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				Nine months ended
In millions	September 30, 2022		September 30, 2021		September 30, 2022		September 30, 2021
U.S.	$	752.1	$	669.3	$	2,215.1	$	1,895.0
Western Europe	97.9		115.1		331.7		351.1
Developing (1)	140.3		123.7		378.3		349.6
Other Developed (2)	64.8		61.1		193.8		180.5
Consolidated net sales	$	1,055.1	$	969.2	$	3,118.9	$	2,776.2
(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				Nine months ended
In millions	September 30, 2022		September 30, 2021		September 30, 2022		September 30, 2021
Residential	$	637.0	$	628.8	$	2,050.1	$	1,800.0
Commercial	241.7		178.1		553.3		488.9
Industrial	176.4		162.3		515.5		487.3
Consolidated net sales	$	1,055.1	$	969.2	$	3,118.9	$	2,776.2

Contract with Customer, Asset and Liability

Contract assets and liabilities

Contract assets and liabilities consisted of the following:

In millions	September 30, 2022		December 31, 2021		$ Change		% Change
Contract assets	$	45.2	$	48.8	$	(3.6)	(7.4)	%
Contract liabilities	50.3		39.4		10.9		27.7	%
Net contract (liabilities) assets	$	(5.1)	$	9.4	$	(14.5)	(154.3)	%