v3.26.1
Revenues
 3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Revenues by End-Market
A summary of revenues disaggregated by end-market follows:
Three Months Ended March 31, 2026Three Months Ended March 31, 2025
(in millions)CCMCWTTotalCCMCWTTotal
Non-residential construction$695.5 $126.4 $821.9 $734.8 $138.1 $872.9 
Residential construction62.6 137.2 199.8 63.7 130.4 194.1 
Other
— 30.4 30.4 — 28.8 28.8 
Total revenues
$758.1 $294.0 $1,052.1 $798.5 $297.3 $1,095.8 
Revenues by Geographic Area
A summary of revenues based on the region to which the product was delivered follows:
Three Months Ended March 31, 2026Three Months Ended March 31, 2025
(in millions)CCMCWTTotalCCMCWTTotal
United States$670.6 $252.9 $923.5 $710.5 $255.4 $965.9 
International:
Europe63.8 4.9 68.7 59.8 4.7 64.5 
North America (excluding U.S.)18.3 32.7 51.0 22.5 32.9 55.4 
Other5.4 3.5 8.9 5.7 4.3 10.0 
Total international87.5 41.1 128.6 88.0 41.9 129.9 
Total revenues$758.1 $294.0 $1,052.1 $798.5 $297.3 $1,095.8 
Contract Liabilities
The Company receives payment at inception of contracts for separately priced extended service warranties. The related revenue is deferred and recognized on a straight-line basis over the life of the contracts. Remaining performance obligations for extended service warranties represent the transaction price for the remaining stand-ready obligation to perform warranty services. A summary of the change in contract liabilities for the three months ended March 31, follows:
(in millions)
20262025
Balance as of January 1$372.3 $350.5 
Revenue deferred10.3 11.5 
Revenue recognized(7.8)(7.4)
Balance as of March 31
$374.8 $354.6 
A summary of revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied as of March 31, 2026, follows:
(in millions)
Remainder of 202620272028202920302031Thereafter
Extended service warranties$23.2 $29.8 $28.7 $27.8 $26.9 $25.9 $212.5