Revenue (Tables)

6 Months Ended

Jun. 30, 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				Six months ended
In millions	June 30, 2023		June 30, 2022		June 30, 2023		June 30, 2022
U.S.	$	757.6	$	757.0	$	1,473.4	$	1,463.0
Western Europe	119.5		115.9		247.3		233.8
Developing (1)	142.5		127.4		263.6		238.0
Other Developed (2)	62.9		63.9		126.8		129.0
Consolidated net sales	$	1,082.5	$	1,064.2	$	2,111.1	$	2,063.8
(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				Six months ended
In millions	June 30, 2023		June 30, 2022		June 30, 2023		June 30, 2022
Residential	$	536.0	$	730.3	$	1,102.4	$	1,413.1
Commercial	344.8		161.9		618.1		311.6
Industrial	201.7		172.0		390.6		339.1
Consolidated net sales	$	1082.5	$	1,064.2	$	2,111.1	$	2,063.8

Contract with Customer, Asset and Liability

Contract assets and liabilities

Contract assets and liabilities consisted of the following:

In millions	June 30, 2023		December 31, 2022		$ Change		% Change
Contract assets	$	57.8	$	48.4	$	9.4	19.4	%
Contract liabilities	61.3		58.1		3.2		5.5	%
Net contract liabilities	$	(3.5)	$	(9.7)	$	6.2	(63.9)	%