REPORTABLE SEGMENT INFORMATION - Schedule of Reportable Segment Information (Details) - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | |||
---|---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
Dec. 31, 2024 |
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Segment Reporting Information [Line Items] | |||||
Net sales | $ 6,314.5 | $ 6,271.5 | $ 11,620.2 | $ 11,638.8 | |
Cost of goods sold | 3,196.2 | 3,208.1 | 5,942.8 | 6,044.4 | |
Selling, general and administrative expenses | 2,011.6 | 1,845.7 | 3,805.4 | 3,645.5 | |
Interest expense | 112.4 | 110.8 | 216.2 | 213.8 | |
Other segment items | 8.6 | (66.5) | 17.1 | (78.3) | |
Income before income taxes | $ 985.7 | $ 1,173.4 | $ 1,638.7 | $ 1,813.4 | |
% to Net Sales | 15.60% | 18.70% | 14.10% | 15.60% | |
Capital expenditures | $ 181.5 | $ 250.9 | $ 370.8 | $ 534.7 | |
Depreciation | 79.3 | 71.8 | 159.2 | 142.9 | |
Amortization | 83.4 | 81.5 | 164.4 | 163.6 | |
Identifiable assets | 25,363.6 | 23,734.0 | 25,363.6 | 23,734.0 | $ 23,632.6 |
Administrative | |||||
Segment Reporting Information [Line Items] | |||||
Net sales | 1.8 | 0.9 | 3.5 | 2.3 | |
Intersegment transfers | |||||
Segment Reporting Information [Line Items] | |||||
Net sales | (1,476.2) | (1,456.6) | (2,702.5) | (2,705.5) | |
Administrative and Eliminations | |||||
Segment Reporting Information [Line Items] | |||||
Net sales | (1,474.4) | (1,455.7) | (2,699.0) | (2,703.2) | |
Cost of goods sold | (1,486.0) | (1,451.6) | (2,716.0) | (2,697.3) | |
Selling, general and administrative expenses | 240.6 | 167.6 | 372.2 | 320.2 | |
Interest expense | 112.3 | 110.8 | 216.1 | 213.8 | |
Other segment items | (1.2) | (42.9) | 1.6 | (56.0) | |
Income before income taxes | (340.1) | (239.6) | (572.9) | (483.9) | |
Capital expenditures | 50.7 | 172.4 | 144.0 | 339.8 | |
Depreciation | 10.6 | 6.7 | 17.7 | 13.5 | |
Amortization | 0.2 | 0.6 | 0.5 | 1.1 | |
Identifiable assets | 3,472.3 | 2,683.7 | 3,472.3 | 2,683.7 | 3,052.5 |
Paint Stores Group | |||||
Segment Reporting Information [Line Items] | |||||
Net sales | 3,702.2 | 3,619.9 | 6,642.0 | 6,492.9 | |
Paint Stores Group | Operating Segments | |||||
Segment Reporting Information [Line Items] | |||||
Net sales | 3,702.2 | 3,619.9 | 6,642.0 | 6,492.9 | |
Cost of goods sold | 1,614.2 | 1,625.4 | 2,922.1 | 2,946.3 | |
Selling, general and administrative expenses | 1,173.7 | 1,090.9 | 2,266.7 | 2,156.7 | |
Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | |
Other segment items | (2.2) | (3.5) | (4.5) | (10.4) | |
Income before income taxes | $ 916.5 | $ 907.1 | $ 1,457.7 | $ 1,400.3 | |
% to Net Sales | 24.80% | 25.10% | 21.90% | 21.60% | |
Capital expenditures | $ 34.7 | $ 30.7 | $ 61.4 | $ 66.4 | |
Depreciation | 22.0 | 21.9 | 44.1 | 43.3 | |
Amortization | 0.4 | 0.3 | 0.8 | 1.1 | |
Identifiable assets | 6,446.1 | 6,202.9 | 6,446.1 | 6,202.9 | 5,878.0 |
Consumer Brands Group | |||||
Segment Reporting Information [Line Items] | |||||
Net sales | 809.4 | 844.3 | 1,571.6 | 1,655.3 | |
Consumer Brands Group | Intersegment transfers | |||||
Segment Reporting Information [Line Items] | |||||
Net sales | 1,467.8 | 1,449.9 | 2,688.8 | 2,661.7 | |
Consumer Brands Group | Operating Segments | |||||
Segment Reporting Information [Line Items] | |||||
Net sales | 2,277.2 | 2,294.2 | 4,260.4 | 4,317.0 | |
Cost of goods sold | 1,886.3 | 1,866.2 | 3,519.0 | 3,505.8 | |
Selling, general and administrative expenses | 219.1 | 222.1 | 436.8 | 445.2 | |
Interest expense | 0.1 | 0.0 | 0.1 | 0.0 | |
Other segment items | 7.5 | 1.5 | 8.4 | 8.2 | |
Income before income taxes | $ 164.2 | $ 204.4 | $ 296.1 | $ 357.8 | |
% to Net Sales | 20.30% | 24.20% | 18.80% | 21.60% | |
Capital expenditures | $ 82.3 | $ 44.0 | $ 139.2 | $ 128.1 | |
Depreciation | 42.1 | 39.2 | 88.0 | 76.4 | |
Amortization | 17.0 | 16.3 | 33.8 | 33.3 | |
Identifiable assets | 7,151.8 | 6,709.1 | 7,151.8 | 6,709.1 | 6,854.7 |
Performance Coatings Group | |||||
Segment Reporting Information [Line Items] | |||||
Net sales | 1,801.1 | 1,806.4 | 3,403.1 | 3,488.3 | |
Performance Coatings Group | Intersegment transfers | |||||
Segment Reporting Information [Line Items] | |||||
Net sales | 8.4 | 6.7 | 13.7 | 43.8 | |
Performance Coatings Group | Operating Segments | |||||
Segment Reporting Information [Line Items] | |||||
Net sales | 1,809.5 | 1,813.1 | 3,416.8 | 3,532.1 | |
Cost of goods sold | 1,181.7 | 1,168.1 | 2,217.7 | 2,289.6 | |
Selling, general and administrative expenses | 378.2 | 365.1 | 729.7 | 723.4 | |
Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | |
Other segment items | 4.5 | (21.6) | 11.6 | (20.1) | |
Income before income taxes | $ 245.1 | $ 301.5 | $ 457.8 | $ 539.2 | |
% to Net Sales | 13.60% | 16.70% | 13.50% | 15.50% | |
Capital expenditures | $ 13.8 | $ 3.8 | $ 26.2 | $ 0.4 | |
Depreciation | 4.6 | 4.0 | 9.4 | 9.7 | |
Amortization | 65.8 | 64.3 | 129.3 | 128.1 | |
Identifiable assets | $ 8,293.4 | $ 8,138.3 | $ 8,293.4 | $ 8,138.3 | $ 7,847.4 |
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- Definition Reportable operating segment margins. No definition available.
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- Definition The aggregate amount of recurring noncash expense charged against earnings in the period to allocate the cost of assets over their estimated remaining economic lives. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of asset recognized for present right to economic benefit. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The cash outflow for purchases of and capital improvements on property, plant and equipment (capital expenditures), software, and other intangible assets. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount of other expense (income) and loss (gain) calculated as difference between segment revenue and separately disclosed expense category to arrive at segment profit (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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