v3.26.1
Restructuring and Transformation Program (Tables)
 6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Restructuring And Transformation Related Costs
Restructuring and transformation-related costs included within Cost of goods sold and Selling, general and administrative expense in the Condensed Consolidated Statements of Operations and Comprehensive Income included the following: 
Three months ended
Six months ended
In millionsJune 30,
2026		June 30,
2025		June 30,
2026		June 30,
2025
Restructuring Initiatives
Severance and related costs$32.9 $12.0 $46.1 $20.3 
Other restructuring costs and related adjustments (1)
1.7 3.5 2.2 4.9 
Total restructuring costs34.6 15.5 48.3 25.2 
Transformation Program
Asset impairment and write-offs
— 10.3 — 15.5 
Other transformation costs (2)
17.5 12.5 29.0 21.6 
Total transformation costs17.5 22.8 29.0 37.1 
Total restructuring and transformation costs$52.1 $38.3 $77.3 $62.3 
(1) Other restructuring costs and related adjustments primarily consist of certain accruals and related refinements as well as various contract termination costs.
(2) Other transformation costs primarily consist of professional services and project management related costs.
Restructuring And Transformation Costs By Segment
Restructuring and transformation costs by reportable segment as well as Corporate and other were as follows:
Three months endedSix months ended
In millionsJune 30,
2026		June 30,
2025		June 30,
2026		June 30,
2025
Flow$3.4 $7.7 $4.9 $14.7 
Water Solutions22.1 7.7 27.6 13.6 
Pool7.7 5.8 8.8 9.0 
Corporate and other
18.9 17.1 36.0 25.0 
Total restructuring and transformation costs
$52.1 $38.3 $77.3 $62.3 
Restructuring Accrual Activity Recorded on Consolidated Balance Sheets
Activity related to accrued severance and related costs associated with restructuring and transformation activities recorded in Other current liabilities in the Condensed Consolidated Balance Sheets is summarized as follows for the six months ended June 30, 2026: 
In millionsJune 30,
2026
Beginning balance$14.0 
Costs incurred46.1 
Cash payments and other(15.5)
Ending balance$44.6