Revenue (Tables)

9 Months Ended

Sep. 30, 2023

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				Nine months ended
In millions	September 30, 2023		September 30, 2022		September 30, 2023		September 30, 2022
U.S.	$	696.6	$	752.1	$	2,170.0	$	2,215.1
Western Europe	114.7		97.9		362.0		331.7
Developing (1)	142.8		140.3		406.4		378.3
Other Developed (2)	54.7		64.8		181.5		193.8
Consolidated net sales	$	1,008.8	$	1,055.1	$	3,119.9	$	3,118.9
(1) Developing includes China, Eastern Europe, Latin America, the Middle East and Southeast Asia.
(2) Other Developed includes Australia, Canada and Japan.

Vertical market net sales information was as follows:

	Three months ended				Nine months ended
In millions	September 30, 2023		September 30, 2022		September 30, 2023		September 30, 2022
Residential	$	513.1	$	637.0	$	1,615.5	$	2,050.1
Commercial	295.2		241.7		913.3		553.3
Industrial	200.5		176.4		591.1		515.5
Consolidated net sales	$	1,008.8	$	1,055.1	$	3,119.9	$	3,118.9

Contract with Customer, Asset and Liability

Contract assets and liabilities

Contract assets and liabilities consisted of the following:

In millions	September 30, 2023		December 31, 2022		$ Change		% Change
Contract assets	$	65.6	$	48.4	$	17.2	35.5	%
Contract liabilities	60.8		58.1		2.7		4.6	%
Net contract assets (liabilities)	$	4.8	$	(9.7)	$	14.5	(149.5)	%