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Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
Summary of Remaining Performance Obligation A summary of estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied as of September 30, 2024, follows:
(in millions)
Remainder of 202420252026202720282029Thereafter
Extended service warranties$7.1 $28.0 $27.0 $25.9 $24.9 $23.9 $206.4 
Summary of Change in Contract Liabilities A summary of the change in contract liabilities for the nine months ended September 30, follows:
(in millions)
20242023
Balance as of January 1$324.0 $294.8 
Revenue recognized(21.5)(20.1)
Revenue deferred40.7 40.1 
Balance as of September 30
$343.2 $314.8 
Summary of Reconciliation of Disaggregated Revenue
A summary of revenues disaggregated by major end-market industries and reconciliation of disaggregated revenues by segment follows:
Three Months Ended September 30, 2024
(in millions)CCMCWTTotal
General construction:
Non-residential$922.2 $161.6 $1,083.8 
Residential76.0 141.5 217.5 
Total construction998.2 303.1 1,301.3 
Heavy equipment— 26.1 26.1 
General industrial and other— 6.2 6.2 
Total revenues$998.2 $335.4 $1,333.6 
Three Months Ended September 30, 2023
(in millions)CCMCWTTotal
General construction:
Non-residential$839.8 $141.8 $981.6 
Residential74.2 173.4 247.6 
Total construction914.0 315.2 1,229.2 
Heavy equipment— 26.3 26.3 
General industrial and other— 4.3 4.3 
Total revenues$914.0 $345.8 $1,259.8 
Nine Months Ended September 30, 2024
(in millions)CCMCWTTotal
General construction:
Non-residential$2,647.8 $459.4 $3,107.2 
Residential222.9 451.0 673.9 
Total construction2,870.7 910.4 3,781.1 
Heavy equipment— 81.9 81.9 
General industrial and other— 17.7 17.7 
Total revenues$2,870.7 $1,010.0 $3,880.7 
Nine Months Ended September 30, 2023
(in millions)CCMCWTTotal
General construction:
Non-residential$2,235.7 $418.9 $2,654.6 
Residential201.8 510.9 712.7 
Total construction2,437.5 929.8 3,367.3 
Heavy equipment
— 80.8 80.8 
General industrial and other
— 11.3 11.3 
Total revenues
$2,437.5 $1,021.9 $3,459.4 
Revenues by Geographic Area
A summary of revenues based on the region to which the product was delivered and reconciliation of disaggregated revenues by segment follows:
Three Months Ended September 30, 2024
(in millions)CCMCWTTotal
United States$902.4 $297.1 $1,199.5 
International:
Europe62.2 4.9 67.1 
North America (excluding U.S.)26.0 28.8 54.8 
Asia and Middle East5.7 2.0 7.7 
Africa— 1.1 1.1 
Other1.9 1.5 3.4 
Total international95.8 38.3 134.1 
Total revenues$998.2 $335.4 $1,333.6 
Three Months Ended September 30, 2023
(in millions)CCMCWTTotal
United States$830.0 $305.4 $1,135.4 
International:
Europe52.1 4.3 56.4 
North America (excluding U.S.)24.1 29.9 54.0 
Asia and Middle East6.0 2.5 8.5 
Africa0.3 2.0 2.3 
Other1.5 1.7 3.2 
Total international84.0 40.4 124.4 
Total revenues$914.0 $345.8 $1,259.8 
Nine Months Ended September 30, 2024
(in millions)CCMCWTTotal
United States$2,608.5 $895.5 $3,504.0 
International:
Europe176.1 15.7 191.8 
North America (excluding U.S.)66.1 85.7 151.8 
Asia and Middle East13.5 5.5 19.0 
Africa0.3 2.7 3.0 
Other6.2 4.9 11.1 
Total international262.2 114.5 376.7 
Total revenues$2,870.7 $1,010.0 $3,880.7 
Nine Months Ended September 30, 2023
(in millions)CCMCWTTotal
United States$2,194.4 $903.5 $3,097.9 
International:
Europe156.9 14.3 171.2 
North America (excluding U.S.)67.3 87.3 154.6 
Asia and Middle East13.1 7.1 20.2 
Africa0.9 4.5 5.4 
Other4.9 5.2 10.1 
Total international243.1 118.4 361.5 
Total revenues$2,437.5 $1,021.9 $3,459.4