v3.26.1
SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SEGMENT INFORMATION
G. SEGMENT INFORMATION

Our reportable segments are as follows:
Plumbing Products – principally includes faucets, plumbing system components and valves, showerheads and handheld showers, bath hardware and accessories, bathing units, tubs and shower bases, enclosures and doors, shower drains, steam shower systems, water filtration systems, sinks, kitchen accessories, cabinet and other hardware, spas, exercise pools, aquatic fitness systems, and saunas.
Decorative Architectural Products – principally includes paints and other coating products, paint applications and accessories.
Information by segment was as follows, in millions:
 Three Months Ended June 30, 2026
 
Plumbing Products
Decorative Architectural Products
Total
Net sales (A)
$1,337 $655 $1,992 
Operating expenses (B)
971 503 
Corporate expenses (C)
13 6 
Segment operating profit$352 $147 $499 
General corporate expense, net (C)
(29)
Operating profit (D)
470 
Other income (expense), net(30)
Income before income taxes$440 
 Six Months Ended June 30, 2026
 
Plumbing Products
Decorative Architectural Products
Total
Net sales (A)
$2,700 $1,209 $3,910 
Operating expenses (B)
2,078 946 
Corporate expenses (C)
26 12 
Segment operating profit$595 $251 $847 
General corporate expense, net (C)
(60)
Operating profit (D)
787 
Other income (expense), net(55)
Income before income taxes$731 
G. SEGMENT INFORMATION (Continued)
 Three Months Ended June 30, 2025
 Plumbing ProductsDecorative Architectural ProductsTotal
Net sales (A)
$1,372 $679 $2,051 
Operating expenses (B)
1,079 527 
Corporate expenses (C)
8 5 
Segment operating profit
$285 $147 $432 
General corporate expense, net (C)
(20)
Operating profit412 
Other income (expense), net(33)
Income before income taxes$378 
 Six Months Ended June 30, 2025
 Plumbing ProductsDecorative Architectural ProductsTotal
Net sales (A)
$2,618 $1,234 $3,852 
Operating expenses (B)
2,089 988 
Corporate expenses (C)
19 11 
Segment operating profit
$509 $236 $745 
General corporate expense, net (C)
(47)
Operating profit698 
Other income (expense), net(66)
Income before income taxes$632 
(A)Intra-company sales between segments were not material and have been excluded from net sales.
(B)Operating expenses included cost of sales and selling, general and administrative expenses.
(C)Corporate expenses included specific corporate overhead allocated to each segment. General corporate expense, net included those expenses not specifically attributable to our segments.
(D)Operating profit included the net tariff benefit from IEEPA tariff refunds of approximately $95 million for the three and six months ended June 30, 2026, principally in the Plumbing Products segment.
 Property Additions
Three Months Ended June 30,Six Months Ended June 30,
 2026202520262025
Plumbing Products$36 $27 $60 $55 
Decorative Architectural Products6 8 16 13 
Corporate
1 1 2 1 
Total$43 $36 $77 $68 
G. SEGMENT INFORMATION (Concluded)
 Depreciation and Amortization
Three Months Ended June 30,Six Months Ended June 30,
 2026202520262025
Plumbing Products$30 $27 $59 $54 
Decorative Architectural Products7 7 14 13 
Corporate
1 2 2 4 
Total$38 $36 $75 $71 
Assets
At June 30, 2026At December 31, 2025
Plumbing Products$3,625 $3,489 
Decorative Architectural Products1,440 1,248 
Corporate337 463 
Total$5,401 $5,201