Revenue (Tables)

3 Months Ended

Mar. 31, 2025

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 millions	March 31, 2025		March 31, 2024
U.S.	$	724.7	$	705.2
Western Europe	122.6		131.6
Developing (1)	109.2		122.7
Other Developed (2)	53.9		57.7
Consolidated net sales	$	1,010.4	$	1,017.2
(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 millions	March 31, 2025		March 31, 2024
Residential	$	580.4	$	543.2
Commercial	244.2		273.6
Industrial	185.8		200.4
Consolidated net sales	$	1,010.4	$	1,017.2

Contract with Customer, Asset and Liability

Contract assets and liabilities

Contract assets and liabilities consisted of the following:

In millions	March 31, 2025		December 31, 2024		$ Change		% Change
Contract assets	$	48.1	$	46.7	$	1.4	3.0	%
Contract liabilities	49.2		38.8		10.4		26.8	%
Net contract (liabilities) assets	$	(1.1)	$	7.9	$	(9.0)	(113.9)	%