v3.25.4
Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues $ 3,769.3 $ 4,308.2 $ 4,118.3
Cost of Product and Service Sold 3,136.5 3,412.7 3,332.7
Gross Profit 632.8 895.5 785.6
Selling, general and administrative expenses 616.5 628.1 576.9
Restructuring Charges 38.4 22.6 0.0
Asset Impairment Charges 6.8    
Restructuring Costs and Asset Impairment Charges 38.4    
Operating Expenses 654.9 650.7 576.9
Operating Profit (22.1) 244.8 208.7
Interest Expense, Operating and Nonoperating 31.2 33.8 37.3
Income from unconsolidated affiliates (10.4) (5.5) (9.8)
Other, net 0.0 (2.5) 0.2
Other (Income) Expense 20.8 25.8 27.7
Income Before Income Taxes (42.9) 219.0 181.0
Income tax provision 15.1 74.8 52.9
Net Income (58.0) 144.2 128.1
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest 0.3 0.7 0.6
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest (0.9) (0.3) (0.7)
Accrued dividend to redeemable noncontrolling interests (0.9) (0.9) (0.9)
Net income attributable to stockholders $ (60.1) $ 142.3 $ 125.9
Basic Earnings per Share Attributable to Stockholders:      
Basic Earnings per Share $ (3.40) $ 8.16 $ 7.35
Diluted Earnings per Share Attributable to Stockholders      
Diluted earnings per share $ (3.40) $ 8.04 $ 7.24
Payments for Restructuring $ (8.9) $ (0.4)  
Restructuring Reserve 27.6 12.2  
Restructuring Reserve, Period Increase (Decrease) $ 25.8 $ 12.6  
Service parts as percentage of revenue 16.00% 14.00% 15.00%
Restructuring Reserve, Foreign Currency Translation Gain (Loss) $ 0.1