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Restructuring and Transformation Program (Tables)
12 Months Ended
Dec. 31, 2025
Restructuring and Related Activities [Abstract]  
Restructuring Related Costs
Restructuring and transformation-related costs included within Cost of goods sold and Selling, general and administrative expense in the Consolidated Statements of Operations and Comprehensive Income included the following:
 Years ended December 31
In millions202520242023
Restructuring Initiatives
Severance and related costs$27.4 $34.5 $8.2 
Asset impairment and write-offs (1)
2.0 9.9 3.8 
Other restructuring costs and related adjustments (2)
7.3 (0.9)(6.0)
Total restructuring costs36.7 43.5 6.0 
Transformation Program
Severance and related costs— 0.7 6.9 
Asset impairment and write-offs (1)
16.27.70.4
Other transformation costs (3)
40.8 51.4 37.4 
Total transformation costs57.0 59.8 44.7 
Total restructuring and transformation costs$93.7 $103.3 $50.7 
(1) Consists of inventory and long-lived asset impairments and write-offs associated with restructuring or transformation activities.
(2) Other restructuring costs and related adjustments primarily consist of certain accruals and related refinements as well as various contract termination costs associated with business and product line exits.
(3) Other transformation costs primarily consist of professional services and project management related costs, partially offset by gain on sale of assets in 2023.
Restructuring Costs By Segment
Restructuring and transformation costs by reportable segment as well as Corporate and other were as follows:
Years ended December 31
In millions202520242023
Flow
$19.7 $15.5 $3.4 
Water Solutions16.7 19.4 (0.1)
Pool13.4 15.7 9.1 
Corporate and other
43.9 52.7 38.3 
Total restructuring and transformation costs
$93.7 $103.3 $50.7 
Restructuring Accrual Activity Recorded on Consolidated Balance Sheets
Activity related to accrued severance and related costs recorded in Other current liabilities in the Consolidated Balance Sheets is summarized as follows:
 Years ended December 31
In millions20252024
Beginning balance$18.7 $13.4 
Costs incurred27.4 35.2 
Cash payments and other(32.1)(29.9)
Ending balance$14.0 $18.7