v3.26.3
Revenue (Tables)
9 Months Ended
Sep. 30, 2026
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Geographic net sales information, based on geographic destination of the sale, was as follows:
Three months endedNine months ended
In millionsSeptember 30,
2026
September 30,
2025
September 30,
2026
September 30,
2025
U.S.$676.9 $703.9 $2,032.4 $2,236.0 
Western Europe116.8 126.7 367.9 371.8 
Developing (1)
117.5 130.6 347.7 375.8 
Other Developed (2)
65.2 60.8 197.7 171.9 
Consolidated net sales$976.4 $1,022.0 $2,945.7 $3,155.5 
(1) Developing primarily includes China, Latin America, the Middle East and Southeast Asia.
(2) Other Developed primarily includes Australia and Canada.
Vertical market net sales information was as follows:
Three months endedNine months ended
In millionsSeptember 30,
2026
September 30,
2025
September 30,
2026
September 30,
2025
Residential$483.3 $568.3 $1,475.5 $1,796.0 
Commercial295.2 257.6 876.6 781.8 
Industrial197.9 196.1 593.6 577.7 
Consolidated net sales$976.4 $1,022.0 $2,945.7 $3,155.5 
Contract with Customer, Asset and Liability
Contract assets and liabilities
Contract assets and liabilities consisted of the following:
In millionsSeptember 30,
2026
December 31,
2025
$ Change% Change
Contract assets$61.8 $53.9 $7.9 14.7 %
Contract liabilities39.0 42.8 (3.8)(8.9)%
Net contract assets$22.8 $11.1 $11.7 105.4 %