REPORTABLE SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2025


	Three Months Ended March 31, 2025
	Paint Stores Group			Consumer Brands Group			Performance Coatings Group			Administrative		Consolidated Totals
Net sales	$	2,939.8		$	762.2		$	1,602.0		$	1.7	$	5,305.7
Intersegment transfers	—			1,221.0			5.3			(1,226.3)		—
Total net sales and intersegment transfers	2,939.8			1,983.2			1,607.3			(1,224.6)		5,305.7

Cost of goods sold	1,307.9			1,632.7			1,036.0			(1,230.0)		2,746.6
Selling, general and administrative expenses	1,093.0			217.7			351.5			131.6		1,793.8
Interest expense	—			—			—			103.8		103.8
Other segment items (1)	(2.3)			0.9			7.1			2.8		8.5
Income before income taxes	$	541.2		$	131.9		$	212.7		$	(232.8)	$	653.0
% to Net sales	18.4		%	17.3		%	13.3		%	nm		12.3		%

Supplemental Information:
Capital expenditures	$	26.7		$	56.9		$	12.4		$	93.3	$	189.3
Depreciation (2)	22.1			45.9			4.8			7.1		79.9
Amortization (3)	0.4			16.8			63.5			0.3		81.0

nm - not meaningful

(1) Other segment items includes Other general expense - net, Interest income and Other expense (income) - net. See Note 15.

(2) Depreciation is recorded within Cost of goods sold and Selling, general and administrative expenses.

(3) Amortization is recorded with Selling, general and administrative expenses.


	Three Months Ended March 31, 2024
	Paint Stores Group			Consumer Brands Group			Performance Coatings Group			Administrative		Consolidated Totals
Net sales	$	2,873.0		$	811.0		$	1,681.9		$	1.4	$	5,367.3
Intersegment transfers	—			1,211.8			37.1			(1,248.9)		—
Total net sales and intersegment transfers	2,873.0			2,022.8			1,719.0			(1,247.5)		5,367.3

Cost of good sold	1,320.9			1,639.6			1,121.5			(1,245.7)		2,836.3
Selling, general and administrative expenses	1,065.8			223.1			358.3			152.6		1,799.8
Interest expense	—			—			—			103.0		103.0
Other segment items (1)	(6.9)			6.7			1.5			(13.1)		(11.8)
Income before income taxes	$	493.2		$	153.4		$	237.7		$	(244.3)	$	640.0
% to Net Sales	17.2		%	18.9		%	14.1		%	nm		11.9		%

Supplemental Information:
Capital expenditures	$	35.7		$	80.7		$	—		$	167.4	$	283.8
Depreciation (2)	21.4			37.2			5.7			6.8		71.1
Amortization (3)	0.8			17.0			63.8			0.5		82.1

nm - not meaningful

(1) Other segment items includes Other general expense - net, Interest income and Other expense (income) - net. See Note 15.

(2) Depreciation is recorded within Cost of goods sold and Selling, general and administrative expenses.

(3) Amortization is recorded with Selling, general and administrative expenses.

The following table presents identifiable assets for each of the Company’s Reportable Segments: