v3.26.1
Segment Information (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Financial Information by Reportable Business Segment
Financial information by reportable segment as well as a reconciliation of reportable segment income to consolidated income from continuing operations before income taxes is as follows:
June 30,
2026		December 31,
2025
In millions
Identifiable assets (1)
Flow
$1,308.9 $1,640.2 
Water Solutions
3,250.8 2,900.9 
Pool
1,756.1 1,884.3 
Reportable segment total
6,315.8 6,425.4 
Corporate and other
396.4 443.4 
Consolidated$6,712.2 $6,868.8 
(1) All cash and cash equivalents are included in “Corporate and other.”
Three months ended
Six months ended
June 30,
2026		June 30,
2025		June 30,
2026		June 30,
2025
In millionsCapital expenditures
Flow$3.3 $2.2 $6.1 $5.1 
Water Solutions5.9 3.8 10.7 7.5 
Pool8.7 3.8 16.1 10.2 
Reportable segment total
17.9 9.8 32.9 22.8 
Corporate and other
1.0 1.1 4.5 4.9 
Consolidated
$18.9 $10.9 $37.4 $27.7 
Three months ended
Six months ended
June 30,
2026		June 30,
2025		June 30,
2026		June 30,
2025
In millionsDepreciation
Flow$3.6 $3.6 $7.2 $7.3 
Water Solutions5.6 5.6 11.0 11.1 
Pool3.7 3.6 7.4 6.7 
Reportable segment total
12.9 12.8 25.6 25.1 
Corporate and other
1.9 1.8 3.8 4.3 
Consolidated
$14.8 $14.6 $29.4 $29.4 
Segment Reporting, Reconciliation of Profit (Loss) by Segment to Consolidated
Three months ended June 30, 2026
In millions
Flow
Water Solutions
Pool
Total
Net sales
$263.7 $422.0 $246.6 $932.3 
Reconciliation of consolidated net sales
Corporate and other
0.3 
Total consolidated net sales
$932.6 
Cost of goods sold (1)(3)
(154.7)(235.6)(145.5)
Operating expenses (1)(2)(3)
(39.2)(60.0)(43.5)
Reportable segment income
$69.8 $126.4 $57.6 $253.8 
Corporate and other
(17.2)
Restructuring and other(36.4)
Transformation costs(17.5)
Intangible amortization
(15.7)
Interest expense, net
(19.4)
Other expense(0.7)
Income from continuing operations before income taxes$146.9 
Three months ended June 30, 2025
In millions
Flow
Water Solutions
Pool
Total
Net sales
$250.9 $444.7 $427.2 $1,122.8 
Reconciliation of consolidated net sales
Corporate and other
0.3 
Total consolidated net sales
$1,123.1 
Cost of goods sold (1)(3)
(158.5)(271.6)(229.0)
Operating expenses (1)(2)(3)
(37.6)(64.6)(45.5)
Reportable segment income
$54.8 $108.5 $152.7 $316.0 
Corporate and other
(19.3)
Restructuring and other(10.4)
Transformation costs(12.5)
Asset impairment and write-offs(41.8)
Loss on sale of business(26.3)
Intangible amortization
(14.3)
Interest expense, net
(17.9)
Other expense
(1.0)
Income from continuing operations before income taxes$172.5