v3.25.2
Segment Information - Schedule of Segment Information (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Segment Reporting Information [Line Items]            
TOTAL NET SALES $ 1,484.3 $ 1,452.5   $ 2,849.5 $ 2,851.6  
Total Cost of Goods Sold 932.2 938.7   1,854.8 1,904.2  
Total Gross Profit 552.1 513.8   994.7 947.4  
Total Selling and Administrative Expenses 215.8 207.5   428.0 426.7  
Total Operating Income 336.3 306.3   566.7 520.7  
Loss on disposition of business (0.4) 0.0 $ (5.3) (0.4) (5.3)  
Interest expense, net (14.5) (19.8)   (28.3) (40.9)  
Other (expense) income, net (6.2) (1.2)   (11.5) (1.9)  
Income before income taxes $ 315.2 $ 285.3   $ 526.5 $ 472.6  
Total Operating Income as a % of Net Sales 22.70% 21.10%   19.90% 18.30%  
Capital Expenditures:            
TOTAL CAPITAL EXPENDITURES $ 39.9 $ 33.9   $ 65.9 $ 74.2  
Depreciation and Amortization:            
TOTAL DEPRECIATION AND AMORTIZATION 48.3 49.6   95.2 109.5  
Assets:            
TOTAL ASSETS 7,149.0     7,149.0   $ 6,847.7
Utility Solutions            
Segment Reporting Information [Line Items]            
TOTAL NET SALES 935.5 926.5   1,792.6 1,820.5  
Electrical Solutions            
Segment Reporting Information [Line Items]            
TOTAL NET SALES 548.8 526.0   1,056.9 1,031.1  
Operating Segments | Utility Solutions            
Segment Reporting Information [Line Items]            
TOTAL NET SALES 935.5 926.5   1,792.6 1,820.5  
Total Cost of Goods Sold 597.6 612.6   1,183.0 1,240.3  
Total Gross Profit 337.9 313.9   609.6 580.2  
Total Selling and Administrative Expenses 119.7 116.7   240.6 235.3  
Total Operating Income $ 218.2 $ 197.2   $ 369.0 $ 344.9  
Total Operating Income as a % of Net Sales 23.30% 21.30%   20.60% 18.90%  
Capital Expenditures:            
TOTAL CAPITAL EXPENDITURES $ 24.6 $ 19.9   $ 35.9 $ 46.3  
Depreciation and Amortization:            
TOTAL DEPRECIATION AND AMORTIZATION 34.4 37.6   68.2 86.0  
Assets:            
TOTAL ASSETS 4,641.2     4,641.2   4,569.1
Operating Segments | Electrical Solutions            
Segment Reporting Information [Line Items]            
TOTAL NET SALES 548.8 526.0   1,056.9 1,031.1  
Total Cost of Goods Sold 334.6 326.1   671.8 663.9  
Total Gross Profit 214.2 199.9   385.1 367.2  
Total Selling and Administrative Expenses 96.1 90.8   187.4 191.4  
Total Operating Income $ 118.1 $ 109.1   $ 197.7 $ 175.8  
Total Operating Income as a % of Net Sales 21.50% 20.70%   18.70% 17.00%  
Capital Expenditures:            
TOTAL CAPITAL EXPENDITURES $ 15.3 $ 14.0   $ 30.0 $ 27.9  
Depreciation and Amortization:            
TOTAL DEPRECIATION AND AMORTIZATION 13.9 $ 12.0   27.0 $ 23.5  
Assets:            
TOTAL ASSETS 2,118.5     2,118.5   1,943.4
General Corporate            
Assets:            
TOTAL ASSETS $ 389.3     $ 389.3   $ 335.2