Goodwill

9 Months Ended

Sep. 30, 2026

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill:

The changes in the carrying amount of goodwill in 2026, in total and by segment, are summarized in the table below (in millions):


	Balance as of December 31, 2025		Goodwill Adjustment(1)		Goodwill from business acquisition (2)		Balance as of September 30, 2026
Home Comfort Solutions	$	87.0	$	(0.8)	$	88.2	$	174.4
Building Climate Solutions	410.2		5.7		—		415.9


Total Goodwill	$	497.2	$	4.9	$	88.2	$	590.3

(1) As discussed in Note 13, an update to our purchase price allocation of Duro Dyne and Supco resulted in a $4.9 million increase in goodwill.

(2) On July 13, 2026, we completed the acquisition of Dusk Acquisition II Corporation and its subsidiaries Heat Controller, LLC and Aitons Equipment ULC (collectively, "Heat Controller"). In connection with this acquisition, $88.2 million of goodwill was recorded and is included in the Home Comfort Solutions reporting segment. See Note 13 for additional information on the Heat Controller acquisition.

We monitor our reporting units for indicators of impairment throughout the year to determine if a change in facts or circumstances warrants a re-evaluation of our goodwill. We have not recorded any goodwill impairments for the nine months ended September 30, 2026 or in any periods presented.