v3.26.1
Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Net Sales Disaggregated by Segment and Major Product Line
The following table disaggregates the Company’s net sales by segment. As described above, the Company’s North America segment sales are further disaggregated by major product line. The Company’s Rest of World segment sales are disaggregated by China and all other Rest of World:
(dollars in millions)Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
North America
Water heaters and related parts$656.4 $644.4 $1,268.2 $1,269.0 
Boilers, related parts, and components (1)
101.7 71.2 183.2 135.6 
Water treatment products and related parts62.4 63.4 122.5 123.1 
Total North America820.5 779.0 1,573.9 1,527.7 
Rest of World
China$152.4 $192.3 $314.8 $379.5 
All other Rest of World42.5 47.8 80.8 87.3 
Total Rest of World194.9 240.1 395.6 466.8 
Inter-segment sales(11.1)(7.8)(19.6)(19.3)
Total Net Sales$1,004.3 $1,011.3 $1,949.9 $1,975.2 
(1) Includes sales of $15.9 million and $31.8 million in the three and six months ended June 30, 2026, respectively, related to the January 6, 2026 acquisition of Leonard Valve.