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REPORTABLE SEGMENT INFORMATION (Tables) | 9 Months Ended
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Sep. 30, 2025
Segment Reporting [Abstract] |
Schedule of Reportable Segment Information |
| Three Months Ended September 30, 2025
| Paint Stores Group |  | Consumer Brands Group |  | Performance Coatings Group |  | Administrative |  | Consolidated Totals
Net sales | $ | 3,836.8 |  | $ | 770.1 |  | $ | 1,750.0 |  | $ | 1.3 |  | $ | 6,358.2
Intersegment transfers | — |  | 1,463.1 |  | 5.7 |  | (1,468.8) |  | —
Total net sales and intersegment transfers | 3,836.8 |  | 2,233.2 |  | 1,755.7 |  | (1,467.5) |  | 6,358.2
Cost of goods sold | 1,698.8 |  | 1,858.5 |  | 1,157.2 |  | (1,481.8) |  | 3,232.7
Selling, general and administrative expenses | 1,189.5 |  | 211.8 |  | 358.1 |  | 193.4 |  | 1,952.8
Interest expense | — |  | (0.1) |  | — |  | 117.3 |  | 117.2
Other segment items (1) | (5.8) |  | 5.7 |  | 0.1 |  | (5.0) |  | (5.0)
Income before income taxes | $ | 954.3 |  | $ | 157.3 |  | $ | 240.3 |  | $ | (291.4) |  | $ | 1,060.5
% to Net sales | 24.9% |  | 20.4% |  | 13.7% |  | nm |  | 16.7%
Supplemental Information: |  |  |  |  |  |  |  |  |
Capital expenditures | $ | 31.4 |  | $ | 51.7 |  | $ | 11.7 |  | $ | 101.6 |  | $ | 196.4
Depreciation (2) | 23.2 |  | 45.6 |  | 4.4 |  | 9.6 |  | 82.8
Amortization (3) | 2.4 |  | 17.0 |  | 64.5 |  | 0.2 |  | 84.1
nm - not meaningful |  |  |  |  |  |  |  |  |
(1) Other segment items includes Other general (income) expense - net, Interest income and Other expense (income) - net. See Note 15. (2) Depreciation is recorded within Cost of goods sold and Selling, general and administrative expenses. (3) Amortization is recorded within Selling, general and administrative expenses.
| Three Months Ended September 30, 2024
| Paint Stores Group |  | Consumer Brands Group |  | Performance Coatings Group |  | Administrative |  | Consolidated Totals
Net sales | $ | 3,650.2 |  | $ | 790.5 |  | $ | 1,720.0 |  | $ | 1.8 |  | $ | 6,162.5
Intersegment transfers | — |  | 1,412.2 |  | 6.4 |  | (1,418.6) |  | —
Total net sales and intersegment transfers | 3,650.2 |  | 2,202.7 |  | 1,726.4 |  | (1,416.8) |  | 6,162.5
Cost of good sold | 1,615.2 |  | 1,824.0 |  | 1,114.8 |  | (1,419.0) |  | 3,135.0
Selling, general and administrative expenses | 1,141.0 |  | 212.2 |  | 350.6 |  | 189.9 |  | 1,893.7
Interest expense | — |  | — |  | — |  | 103.4 |  | 103.4
Other segment items (1) | (1.9) |  | 1.0 |  | 1.3 |  | 7.2 |  | 7.6
Income before income taxes | $ | 895.9 |  | $ | 165.5 |  | $ | 259.7 |  | $ | (298.3) |  | $ | 1,022.8
% to Net Sales | 24.5% |  | 20.9% |  | 15.1% |  | nm |  | 16.6%
Supplemental Information: |  |  |  |  |  |  |  |  |
Capital expenditures | $ | 33.7 |  | $ | 65.6 |  | $ | 9.9 |  | $ | 126.1 |  | $ | 235.3
Depreciation (2) | 21.7 |  | 42.7 |  | 3.5 |  | 6.5 |  | 74.4
Amortization (3) | 0.2 |  | 16.6 |  | 64.1 |  | 0.3 |  | 81.2
nm - not meaningful |  |  |  |  |  |  |  |  |
(1) Other segment items includes Other general (income) expense - net, Interest income and Other expense (income) - net. See Note 15. (2) Depreciation is recorded within Cost of goods sold and Selling, general and administrative expenses. (3) Amortization is recorded within Selling, general and administrative expenses.
| Nine Months Ended September 30, 2025
| Paint Stores Group |  | Consumer Brands Group |  | Performance Coatings Group |  | Administrative |  | Consolidated Totals
Net sales | $ | 10,478.8 |  | $ | 2,341.7 |  | $ | 5,153.1 |  | $ | 4.8 |  | $ | 17,978.4
Intersegment transfers | — |  | 4,151.9 |  | 19.4 |  | (4,171.3) |  | —
Total net sales and intersegment transfers | 10,478.8 |  | 6,493.6 |  | 5,172.5 |  | (4,166.5) |  | 17,978.4
Cost of goods sold | 4,620.9 |  | 5,377.5 |  | 3,374.9 |  | (4,197.8) |  | 9,175.5
Selling, general and administrative expenses | 3,456.2 |  | 648.6 |  | 1,087.8 |  | 565.6 |  | 5,758.2
Interest expense | — |  | — |  | — |  | 333.4 |  | 333.4
Other segment items (1) | (10.3) |  | 14.1 |  | 11.7 |  | (3.4) |  | 12.1
Income before income taxes | $ | 2,412.0 |  | $ | 453.4 |  | $ | 698.1 |  | $ | (864.3) |  | $ | 2,699.2
% to Net sales | 23.0% |  | 19.4% |  | 13.5% |  | nm |  | 15.0%
Supplemental Information: |  |  |  |  |  |  |  |  |
Capital expenditures | $ | 92.8 |  | $ | 190.9 |  | $ | 37.9 |  | $ | 245.6 |  | $ | 567.2
Depreciation (2) | 67.3 |  | 133.6 |  | 13.8 |  | 27.3 |  | 242.0
Amortization (3) | 3.2 |  | 50.8 |  | 193.8 |  | 0.7 |  | 248.5
nm - not meaningful |  |  |  |  |  |  |  |  |
(1) Other segment items includes Other general (income) expense - net, Interest income and Other expense (income) - net. See Note 15. (2) Depreciation is recorded within Cost of goods sold and Selling, general and administrative expenses. (3) Amortization is recorded within Selling, general and administrative expenses.
| Nine Months Ended September 30, 2024
| Paint Stores Group |  | Consumer Brands Group |  | Performance Coatings Group |  | Administrative |  | Consolidated Totals
Net sales | $ | 10,143.1 |  | $ | 2,445.8 |  | $ | 5,208.3 |  | $ | 4.1 |  | $ | 17,801.3
Intersegment transfers | — |  | 4,073.9 |  | 50.2 |  | (4,124.1) |  | —
Total net sales and intersegment transfers | 10,143.1 |  | 6,519.7 |  | 5,258.5 |  | (4,120.0) |  | 17,801.3
Cost of goods sold | 4,561.5 |  | 5,329.8 |  | 3,404.4 |  | (4,116.3) |  | 9,179.4
Selling, general and administrative expenses | 3,297.7 |  | 657.4 |  | 1,074.0 |  | 510.1 |  | 5,539.2
Interest expense | — |  | — |  | — |  | 317.2 |  | 317.2
Other segment items (1) | (12.3) |  | 9.2 |  | (18.8) |  | (48.8) |  | (70.7)
Income before income taxes | $ | 2,296.2 |  | $ | 523.3 |  | $ | 798.9 |  | $ | (782.2) |  | $ | 2,836.2
% to Net sales | 22.6% |  | 21.4% |  | 15.3% |  | nm |  | 15.9%
Supplemental Information: |  |  |  |  |  |  |  |  |
Capital expenditures | $ | 100.1 |  | $ | 193.7 |  | $ | 10.3 |  | $ | 465.9 |  | $ | 770.0
Depreciation (2) | 65.0 |  | 119.1 |  | 13.2 |  | 20.0 |  | 217.3
Amortization (3) | 1.3 |  | 49.9 |  | 192.2 |  | 1.4 |  | 244.8
nm - not meaningful |  |  |  |  |  |  |  |  |
(1) Other segment items includes Other general (income) expense - net, Interest income and Other expense (income) - net. See Note 15. (2) Depreciation is recorded within Cost of goods sold and Selling, general and administrative expenses. (3) Amortization is recorded within Selling, general and administrative expenses.
Schedule of Identifiable Assets | The following table presents identifiable assets for each of the Company’s Reportable Segments:
| Paint Stores Group |  | Consumer Brands Group |  | Performance Coatings Group |  | Administrative |  | Consolidated Totals
September 30, 2025 | $ | 6,608.6 |  |  | $ | 6,964.1 |  |  | $ | 7,990.0 |  |  | $ | 4,643.7 |  |  | $ | 26,206.4 |
December 31, 2024 | 5,878.0 |  |  | 6,854.7 |  |  | 7,847.4 |  |  | 3,052.5 |  |  | 23,632.6 |
September 30, 2024 | 6,104.8 |  |  | 6,769.8 |  |  | 8,139.9 |  |  | 2,953.8 |  |  | 23,968.3 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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