REVENUES (Tables)

12 Months Ended

Dec. 31, 2023

REVENUES

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

(millions)	2023		2022		2021
Global Industrial
Product and sold equipment		$6,331.0		$5,937.0		$5,372.4
Service and lease equipment		890.8		868.0		865.5
Global Institutional & Specialty
Product and sold equipment		4,087.4		3,655.3		3,276.3
Service and lease equipment		911.8		776.8		690.5
Global Healthcare & Life Sciences
Product and sold equipment		1,476.3		1,398.3		1,068.8
Service and lease equipment		109.7		112.2		112.8
Other
Product and sold equipment		353.1		331.9		297.9
Service and lease equipment		1,091.1		984.5		909.8
Corporate
Product and sold equipment		69.0		123.7		137.9
Service and lease equipment		-		0.1		1.2
Total
Total product and sold equipment		$12,316.8		$11,446.2		$10,153.3
Total service and lease equipment		3,003.4		2,741.6		2,579.8

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

	Global Industrial						Global Institutional & Specialty
(millions)	2023		2022		2021		2023		2022		2021
United States		$3,059.3		$2,945.1		$2,603.1		$3,454.2		$3,050.0		$2,721.8
Europe		1,496.6		1,373.6		1,367.1		681.9		624.0		558.0
Asia Pacific		880.0		830.1		802.5		231.2		212.6		201.2
Latin America		737.2		621.7		551.5		188.3		162.3		135.0
Greater China		391.4		419.3		394.9		158.5		134.7		143.1
India, Middle East and Africa		452.1		419.4		344.4		67.0		54.6		44.2
Canada		205.2		195.8		174.4		218.1		193.9		163.5
Total		$7,221.8		$6,805.0		$6,237.9		$4,999.2		$4,432.1		$3,966.8
	Global Healthcare & Life Sciences						Other
(millions)	2023		2022		2021		2023		2022		2021
United States		$647.7		$612.5		$443.8		$898.6		$816.0		$719.9
Europe		735.0		688.8		625.3		301.7		272.7		264.9
Asia Pacific		95.3		92.8		65.2		85.9		76.1		72.4
Latin America		25.5		24.7		5.5		57.6		51.9		50.3
Greater China		51.2		61.0		10.1		69.2		68.6		69.2
India, Middle East and Africa		24.8		25.0		25.4		9.0		10.3		11.6
Canada		6.5		5.7		6.3		22.2		20.8		19.4
Total		$1,586.0		$1,510.5		$1,181.6		$1,444.2		$1,316.4		$1,207.7
	Corporate
(millions)	2023		2022		2021
United States		$55.6		$107.5		$98.1
Europe		3.0		3.0		3.9
Asia Pacific		3.7		4.1		5.5
Latin America		5.6		7.3		24.6
Greater China		-		0.1		2.3
India, Middle East and Africa		-		0.3		3.4
Canada		1.1		1.5		1.3
Total		$69.0		$123.8		$139.1

Schedule of contract liability

	December 31		December 31
(millions)	2023		2022
Contract liability as of beginning of the year		$116.5		$91.7
Revenue recognized in the year from:
Amounts included in the contract liability at the beginning of the year		(116.5)		(91.7)
Increases due to billings excluding amounts recognized as revenue during the year ended		110.9		116.5
Contract liability as of end of year		$110.9		$116.5