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Schedule II-Valuation and Qualifying Accounts
12 Months Ended
Dec. 31, 2024
Schedule II-Valuation and Qualifying Accounts  
Schedule II-Valuation and Qualifying Accounts

Watts Water Technologies, Inc. and Subsidiaries

Schedule II—Valuation and Qualifying Accounts

(Amounts in millions)

    

Balance At

    

Additions

    

Foreign

    

    

Balance At

Beginning of

Charged To

Exchange/Acquisitions

End of

    

Period

    

Expense

    

Impact

    

Deductions

    

Period

Year Ended December 31, 2022

Accounts Receivable Reserve Allowances

$

10.3

5.2

 

(0.3)

(4.5)

$

10.7

Reserve for excess and obsolete inventories

$

33.0

17.5

 

(0.9)

(10.1)

$

39.5

Year Ended December 31, 2023

Accounts Receivable Reserve Allowances

$

10.7

4.0

 

1.7

(4.5)

$

11.9

Reserve for excess and obsolete inventories

$

39.5

16.3

 

5.9

(16.6)

$

45.1

Year Ended December 31, 2024

Accounts Receivable Reserve Allowances

$

11.9

6.5

 

(0.1)

(6.4)

$

11.9

Reserve for excess and obsolete inventories

$

45.1

21.4

 

0.3

(12.6)

$

54.2