Revenue (Tables)

3 Months Ended

Mar. 31, 2022

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 ended
In millions	March 31, 2022		March 31, 2021
U.S.	$	706.0	$	586.6
Western Europe	117.9		115.3
Developing (1)	110.6		105.4
Other Developed (2)	65.1		58.6
Consolidated net sales	$	999.6	$	865.9
(1) Developing includes China, Eastern Europe, Latin America, the Middle East and Southeast Asia.
(2) Other Developed includes Australia, Canada and Japan.

Vertical net sales information was as follows:

	Three months ended
In millions	March 31, 2022		March 31, 2021
Residential	$	682.8	$	571.7
Commercial	149.7		137.6
Industrial	167.1		156.6
Consolidated net sales	$	999.6	$	865.9

Contract with Customer, Asset and Liability

Contract assets and liabilities

Contract assets and liabilities consisted of the following:

In millions	March 31, 2022		December 31, 2021		$ Change		% Change
Contract assets	$	48.6	$	48.8	$	(0.2)	(0.4)	%
Contract liabilities	38.5		39.4		(0.9)		(2.3)	%
Net contract assets	$	10.1	$	9.4	$	0.7	7.4	%