| Financial Information Related to Company's Reportable Segments |
Financial information relating to the Company’s reportable segments is as follows (in millions):
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | | Americas | | EMEA | | APAC | | 2026 | | 2025 | | 2026 | | 2025 | | 2026 | | 2025 | | Net sales | $ | 4,504 | | | $ | 4,042 | | | $ | 1,264 | | | $ | 1,273 | | | $ | 846 | | | $ | 737 | | | Cost of sales | 2,790 | | | 2,513 | | | 806 | | | 826 | | | 544 | | | 467 | | | Selling, general and administrative expenses ("SG&A") | 867 | | | 875 | | | 286 | | | 291 | | | 132 | | | 132 | | | Equity income | — | | | — | | | — | | | (3) | | | (1) | | | (1) | | | Segment EBIT | 847 | | | 654 | | | 172 | | | 159 | | | 171 | | | 139 | | Amortization of intangible assets | 79 | | | 88 | | | 7 | | | 18 | | | 4 | | | 4 | | | Segment EBITA (non-GAAP) | $ | 926 | | | $ | 742 | | | $ | 179 | | | $ | 177 | | | $ | 175 | | | $ | 143 | | | | | | | | | | | | | | | Depreciation included in Cost of sales and SG&A | $ | 38 | | | $ | 35 | | | $ | 2 | | | $ | 11 | | | $ | 5 | | | $ | 5 | | | Capital expenditures | $ | 40 | | | $ | 28 | | | $ | 17 | | | $ | 26 | | | $ | 6 | | | $ | 5 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended June 30, | | | Americas | | EMEA | | APAC | | 2026 | | 2025 | | 2026 | | 2025 | | 2026 | | 2025 | | Net sales | $ | 12,468 | | | $ | 11,506 | | | $ | 3,807 | | | $ | 3,631 | | | $ | 2,278 | | | $ | 2,017 | | | Cost of sales | 7,847 | | | 7,244 | | | 2,448 | | | 2,393 | | | 1,448 | | | 1,276 | | | Selling, general and administrative expenses ("SG&A") | 2,525 | | | 2,498 | | | 857 | | | 849 | | | 406 | | | 418 | | | Equity income | — | | | — | | | — | | | (3) | | | (3) | | | (2) | | | Segment EBIT | 2,096 | | | 1,764 | | | 502 | | | 392 | | | 427 | | | 325 | | Amortization of intangible assets | 232 | | | 274 | | | 21 | | | 56 | | | 11 | | | 12 | | | Segment EBITA (non-GAAP) | $ | 2,328 | | | $ | 2,038 | | | $ | 523 | | | $ | 448 | | | $ | 438 | | | $ | 337 | | | | | | | | | | | | | | | Depreciation included in Cost of sales and SG&A | $ | 109 | | | $ | 105 | | | $ | 14 | | | $ | 31 | | | $ | 16 | | | $ | 16 | | | Capital expenditures | $ | 86 | | | $ | 109 | | | $ | 56 | | | $ | 70 | | | $ | 13 | | | $ | 6 | |
A reconciliation of Segment EBIT and Segment EBITA (non-GAAP) to consolidated income before income taxes is as follows (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Nine Months Ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | Segment EBITA (non-GAAP) | $ | 1,280 | | | $ | 1,062 | | | $ | 3,289 | | | $ | 2,823 | | | Amortization of intangible assets | 90 | | | 110 | | | 264 | | | 342 | | | Segment EBIT | 1,190 | | | 952 | | | 3,025 | | | 2,481 | | | | | | | | | | | Corporate expenses | 167 | | | 141 | | | 475 | | | 498 | | | Restructuring and impairment costs | 80 | | | 51 | | | 224 | | | 146 | | | | | | | | | | Water systems AFFF insurance recoveries (1) | (17) | | | (1) | | | (148) | | | (13) | | | Net financing charges | 71 | | | 77 | | | 197 | | | 243 | | | Gain on divestiture | — | | | — | | | (70) | | | — | | | Net mark-to-market adjustments | (28) | | | (21) | | | (16) | | | (7) | | | | | | | | | | | Income from continuing operations before income taxes | $ | 917 | | | $ | 705 | | | $ | 2,363 | | | $ | 1,614 | |
(1) Refer to Note 18, "Commitments and Contingencies," of the notes to the consolidated financial statements for further disclosure related to the water systems AFFF settlement.
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