Segment Information (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Financial Information by Reportable Segment

Net sales of the Company’s reportable segments as well as Corporate and other were as follows:

	Three months ended				Six months ended
In millions	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
Flow	$	396.8	$	411.6	$	781.1	$	803.4
Water Solutions	310.5		336.2		583.6		608.2
Pool	391.5		334.3		751.0		698.6
Reportable segment net sales	1,098.8		1,082.1		2,115.7		2,110.2
Corporate and other	0.5		0.4		0.8		0.9
Net sales	$	1,099.3	$	1,082.5	$	2,116.5	$	2,111.1

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The following table presents a reconciliation of reportable segment income to consolidated income from continuing operations before income taxes:

	Three months ended				Six months ended
In millions	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
Reportable segment income
Flow	$	84.4	$	74.8	$	161.7	$	139.8
Water Solutions	72.9		74.8		128.5		127.2
Pool	133.6		105.1		244.4		221.3
Reportable segment income	290.9		254.7		534.6		488.3
Corporate and other	(19.5)		(20.5)		(45.9)		(43.1)
Asset impairment and write-offs	—		(0.5)		(0.8)		(4.4)
Restructuring and other	(5.9)		(0.6)		(10.5)		(3.5)
Transformation costs	(11.8)		(6.0)		(28.8)		(14.5)
Intangible amortization	(13.4)		(13.9)		(26.9)		(27.7)
Legal accrual adjustments and settlements	7.9		(4.1)		8.2		(2.2)
Interest expense, net	(26.3)		(31.8)		(53.6)		(64.2)
Other (expense) income	(1.0)		4.2		(2.0)		3.3
Income from continuing operations before income taxes	$	220.9	$	181.5	$	374.3	$	332.0