XML 34 R23.htm IDEA: XBRL DOCUMENT v3.23.1
Revenue (Tables)
3 Months Ended
Mar. 31, 2023
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
In millionsMarch 31,
2023
March 31,
2022
U.S.$715.8 $706.0 
Western Europe127.8 117.9 
Developing (1)
121.1 110.6 
Other Developed (2)
63.9 65.1 
Consolidated net sales$1,028.6 $999.6 
(1) Developing includes China, Eastern Europe, Latin America, the Middle East and Southeast Asia.
(2) Other Developed includes Australia, Canada and Japan.

Vertical market net sales information was as follows:
Three months ended
In millionsMarch 31,
2023
March 31,
2022
Residential$566.4 $682.8 
Commercial273.3 149.7 
Industrial188.9 167.1 
Consolidated net sales$1,028.6 $999.6 
Contract with Customer, Asset and Liability
Contract assets and liabilities
Contract assets and liabilities consisted of the following:
In millionsMarch 31,
2023
December 31,
2022
$ Change% Change
Contract assets$53.0 $48.4 $4.6 9.5 %
Contract liabilities54.1 58.1 (4.0)(6.9)%
Net contract liabilities$(1.1)$(9.7)$8.6 (88.7)%