v3.25.2
Segment Information
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
The following table provides revenue, significant segment expenses and operating income, by segment for the three months ended June 30, 2025 and 2024:
IndustrialConsumerSoftware and AdvisoryTotal
(in millions)20252024202520242025202420252024
Revenue$338 $314 $340 $322 $98 $94 $776 $730 
Employee compensation155 150 193 184 69 65 417 399 
Services and materials71 69 87 80 16 15 174 164 
Depreciation and amortization14 10 20 20 12 11 46 41 
Operating income$98 $85 $40 $38 $1 $3 $139 $126 
The following table provides revenue, significant segment expenses and operating income, by segment for the six months ended June 30, 2025 and 2024:
IndustrialConsumerSoftware and AdvisoryTotal
(in millions)20252024202520242025202420252024
Revenue$646 $609 $644 $608 $191 $183 $1,481 $1,400 
Employee compensation300 294 370 354 134 128 804 776 
Services and materials137 134 169 160 32 31 338 325 
Depreciation and amortization28 21 39 39 24 22 91 82 
Operating income$181 $160 $66 $55 $1 $2 $248 $217 
Capital expenditures of the Company’s segments were as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
(in millions)2025202420252024
Industrial$10 $28 $20 $47 
Consumer9 8 21 16 
Software and Advisory8 8 16 16 
Total segments27 44 57 79 
Corporate15 12 36 34 
Total$42 $56 $93 $113 
Assets by segment are not disclosed as the Company does not allocate assets to segments for internal reporting presentations provided to the Company’s chief operating decision maker.