XML 63 R38.htm IDEA: XBRL DOCUMENT
v3.25.4

SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Accounting Policies [Abstract] |
Schedule of Variable Interest Entities |
| 2025 |  | 2024 |  | 2023
Amortization of Non-Traded Investments | $ | 104.0 |  |  | $ | 75.0 |  |  | $ | 65.4 |
Tax credits and other tax benefits received | 128.3 |  |  | 104.9 |  |  | 94.8 |
The following table summarizes the balances related to Non-Traded Investments and related tax credits and other tax benefits on the Consolidated Balance Sheets:
| 2025 |  | 2024 |  | 2023
Other assets | $ | 826.1 |  |  | $ | 744.0 |  |  | $ | 675.0 |
Other accruals | 123.4 |  |  | 101.4 |  |  | 80.9 |
Other long-term liabilities | 667.8 |  |  | 600.3 |  |  | 568.2 |
Net deferred income tax asset | 2.6 |  |  | 7.6 |  |  | 19.4 |
Changes in the Company's Accrual for Product Warranty Claims | Changes in the Company’s accrual for product warranty claims during 2025, 2024 and 2023, including customer satisfaction settlements during the year, were as follows:
Balance at January 1 | $ | 46.4 |  |  | $ | 40.4 |  |  | $ | 36.2 |
Charges to expense | 29.3 |  |  | 34.2 |  |  | 37.0 |
Settlements | (18.4) |  |  | (28.2) |  |  | (32.8) |
Balance at December 31 | $ | 57.3 |  |  | $ | 46.4 |  |  | $ | 40.4 |
Schedule of Supplier Finance Program Obligations | The following table presents a rollforward of the Company’s outstanding obligations under its supplier finance programs for the years ended December 31:
| 2025 |  | 2024 |  |
Balance at January 1 | $ | 215.7 |  |  | $ | 213.1 |  |  |
Invoices confirmed during the year | 986.3 |  |  | 988.8 |  |  |
Confirmed invoices paid during the year | (995.9) |  |  | (986.2) |  |  |
Balance at December 31 | $ | 206.1 |  |  | $ | 215.7 |  |  |
Schedule of Restructuring Initiatives | The following table summarizes the activity associated with restructuring initiatives:
|  | Consumer Brands Group |  | Performance Coatings Group |  | Administrative |  | Consolidated Totals
Balance at January 1, 2025 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Provisions: |  |  |  |  |  |  |  |
Severance and related costs |  | 15.1 |  |  | 15.5 |  |  | 54.0 |  |  | 84.6 |
Other qualified costs |  | 24.0 |  |  | 2.4 |  |  | — |  |  | 26.4 |
Total |  | 39.1 |  |  | 17.9 |  |  | 54.0 |  |  | 111.0 |
Payments, currency and other adjustments |  | (29.6) |  |  | (12.4) |  |  | (29.3) |  |  | (71.3) |
Balance at December 31, 2025 |  | $ | 9.5 |  |  | $ | 5.5 |  |  | $ | 24.7 |  |  | $ | 39.7 |

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 460 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482425/460-10-50-8 + Details
Name: | us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 5.P.3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
Name: | us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481203/810-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 5A -Publisher FASB -URI https://asc.fasb.org/1943274/2147481203/810-10-50-5A Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481203/810-10-50-9 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481203/810-10-50-4 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481203/810-10-50-6 + Details
Name: | us-gaap_ScheduleOfVariableInterestEntitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of supplier finance program. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 405 -SubTopic 50 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479468/405-50-50-3 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 405 -SubTopic 50 -Name Accounting Standards Codification -Section 55 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477128/405-50-55-5 + Details
Name: | us-gaap_SupplierFinanceProgramTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration