Revenue (Tables)

6 Months Ended

Jun. 30, 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				Six months ended
In millions	June 30, 2025		June 30, 2024		June 30, 2025		June 30, 2024
U.S.	$	807.4	$	773.6	$	1,532.1	$	1,478.8
Western Europe	122.5		127.2		245.1		258.8
Developing (1)	136.0		139.3		245.2		262.0
Other Developed (2)	57.2		59.2		111.1		116.9
Consolidated net sales	$	1,123.1	$	1,099.3	$	2,133.5	$	2,116.5
(1) Developing includes China, Eastern Europe, Latin America, the Middle East and Southeast Asia.
(2) Other Developed primarily includes Australia and Canada.

Vertical market net sales information was as follows:

	Three months ended				Six months ended
In millions	June 30, 2025		June 30, 2024		June 30, 2025		June 30, 2024
Residential	$	647.3	$	581.4	$	1,227.7	$	1,124.6
Commercial	280.0		308.6		524.2		582.2
Industrial	195.8		209.3		381.6		409.7
Consolidated net sales	$	1,123.1	$	1,099.3	$	2,133.5	$	2,116.5

Contract with Customer, Asset and Liability

Contract assets and liabilities

Contract assets and liabilities consisted of the following:

In millions	June 30, 2025		December 31, 2024		$ Change		% Change
Contract assets	$	58.3	$	46.7	$	11.6	24.8	%
Contract liabilities	48.1		38.8		9.3		24.0	%
Net contract assets	$	10.2	$	7.9	$	2.3	29.1	%