v3.26.1
Revenues
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Revenues by End-Market
A summary of revenues disaggregated by end-market follows:
Three Months Ended June 30, 2026Three Months Ended June 30, 2025
(in millions)CCMCWTTotalCCMCWTTotal
Non-residential construction$1,089.3 $174.1 $1,263.4 $1,011.5 $165.0 $1,176.5 
Residential construction92.0 176.1 268.1 84.1 158.3 242.4 
Other— 38.8 38.8 — 30.6 30.6 
Total revenues$1,181.3 $389.0 $1,570.3 $1,095.6 $353.9 $1,449.5 
Six Months Ended June 30, 2026Six Months Ended June 30, 2025
(in millions)CCMCWTTotalCCMCWTTotal
Non-residential construction$1,784.8 $300.5 $2,085.3 $1,746.3 $303.1 $2,049.4 
Residential construction154.6 313.3 467.9 147.8 288.7 436.5 
Other
— 69.2 69.2 — 59.4 59.4 
Total revenues
$1,939.4 $683.0 $2,622.4 $1,894.1 $651.2 $2,545.3 
Revenues by Geographic Area
A summary of revenues based on the region to which the product was delivered follows:
Three Months Ended June 30, 2026Three Months Ended June 30, 2025
(in millions)CCMCWTTotalCCMCWTTotal
United States$1,078.6 $333.4 $1,412.0 $1,011.2 $301.4 $1,312.6 
International:
Europe76.5 6.7 83.2 64.3 4.5 68.8 
North America (excluding U.S.)20.7 44.9 65.6 14.5 44.0 58.5 
Other5.5 4.0 9.5 5.6 4.0 9.6 
Total international102.7 55.6 158.3 84.4 52.5 136.9 
Total revenues$1,181.3 $389.0 $1,570.3 $1,095.6 $353.9 $1,449.5 
Six Months Ended June 30, 2026Six Months Ended June 30, 2025
(in millions)CCMCWTTotalCCMCWTTotal
United States$1,749.2 $586.3 $2,335.5 $1,721.7 $556.8 $2,278.5 
International:
Europe140.3 11.6 151.9 124.1 9.2 133.3 
North America (excluding U.S.)39.0 77.6 116.6 37.0 76.9 113.9 
Other10.9 7.5 18.4 11.3 8.3 19.6 
Total international190.2 96.7 286.9 172.4 94.4 266.8 
Total revenues$1,939.4 $683.0 $2,622.4 $1,894.1 $651.2 $2,545.3 
Contract Liabilities
The Company receives payment at inception of contracts for separately priced extended service warranties. The related revenue is deferred and recognized on a straight-line basis over the life of the contracts. Remaining performance obligations for extended service warranties represent the transaction price for the remaining stand-ready obligation to perform warranty services. A summary of the change in contract liabilities for the six months ended June 30, follows:
(in millions)
20262025
Balance as of January 1$372.3 $350.5 
Revenue deferred21.7 23.5 
Revenue recognized(15.9)(15.0)
Balance as of June 30
$378.1 $359.0 
A summary of revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied as of June 30, 2026, follows:
(in millions)
Remainder of 202620272028202920302031Thereafter
Extended service warranties$15.8 $30.4 $29.3 $28.3 $27.5 $26.4 $220.4