REVENUES (Tables)

12 Months Ended

Dec. 31, 2022

REVENUES

Schedule of principal activities, separated by reportable segments and geographic region

(millions)	2022		2021		2020
Global Industrial
Product and sold equipment		$5,937.0		$5,372.0		$5,052.3
Service and lease equipment		868.0		865.8		818.5
Global Institutional & Specialty
Product and sold equipment		3,645.1		3,265.5		2,968.7
Service and lease equipment		776.8		690.4		584.5
Global Healthcare & Life Sciences
Product and sold equipment		1,398.3		1,068.9		1,071.4
Service and lease equipment		112.2		112.7		110.5
Other
Product and sold equipment		342.1		308.9		274.5
Service and lease equipment		984.5		909.7		809.8
Corporate
Product and sold equipment		123.7		138.0		99.7
Service and lease equipment		0.1		1.2		0.3
Total
Total product and sold equipment		$11,446.2		$10,153.3		$9,466.6
Total service and lease equipment		2,741.6		2,579.8		2,323.6

Net sales at public exchange rates by geographic region were as follows:

	Global Industrial						Global Institutional & Specialty
(millions)	2022		2021		2020		2022		2021		2020
United States		$2,945.1		$2,603.0		$2,564.3		$3,050.0		$2,721.8		$2,400.4
Europe		1,373.6		1,367.1		1,262.6		624.0		557.9		510.3
Asia Pacific		830.1		802.5		747.2		212.6		201.2		203.9
Latin America		621.7		551.5		491.7		162.3		135.0		128.3
Greater China		419.3		394.9		333.0		124.5		132.3		114.9
India, Middle East and Africa		419.4		344.4		314.1		54.6		44.2		39.8
Canada		195.8		174.4		157.9		193.9		163.5		155.6
Total		$6,805.0		$6,237.8		$5,870.8		$4,421.9		$3,955.9		$3,553.2
	Global Healthcare & Life Sciences						Other
(millions)	2022		2021		2020		2022		2021		2020
United States		$612.5		$442.3		$432.6		$816.0		$719.9		$645.7
Europe		688.8		647.2		643.6		272.7		264.9		228.8
Asia Pacific		92.8		59.6		69.8		76.1		72.4		64.8
Latin America		24.7		1.8		6.1		51.9		50.4		50.3
Greater China		61.0		6.3		3.6		78.8		80.0		63.4
India, Middle East and Africa		25.0		18.1		19.8		10.3		11.6		14.4
Canada		5.7		6.3		6.4		20.8		19.4		16.9
Total		$1,510.5		$1,181.6		$1,181.9		$1,326.6		$1,218.6		$1,084.3
	Corporate
(millions)	2022		2021		2020
United States		$107.5		$98.2		$75.2
Europe		3.0		3.9		4.8
Asia Pacific		4.1		5.5		2.8
Latin America		7.3		24.6		13.1
Greater China		0.1		2.3		0.9
India, Middle East and Africa		0.3		3.4		2.5
Canada		1.5		1.3		0.7
Total		$123.8		$139.2		$100.0

Schedule of contract liability

	December 31		December 31
(millions)	2022		2021
Contract liability as of beginning of the year		$91.7		$80.4
Revenue recognized in the year from:
Amounts included in the contract liability at the beginning of the year		(91.7)		(80.4)
Increases due to billings excluding amounts recognized as revenue during the year ended		116.5		91.6
Business combinations		-		0.1
Contract liability as of end of year		$116.5		$91.7