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REPORTABLE SEGMENT INFORMATION (Tables) | 3 Months Ended
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Mar. 31, 2026
Segment Reporting [Abstract] |
Schedule of Reportable Segment Information |
| Three Months Ended March 31, 2026
| Paint Stores Group |  | Consumer Brands Group |  | Performance Coatings Group |  | Administrative |  | Consolidated Totals
Net sales | $ | 3,049.9 |  |  | $ | 908.3 |  |  | $ | 1,705.8 |  |  | $ | 2.9 |  |  | $ | 5,666.9 |
Intersegment transfers | — |  |  | 1,277.8 |  |  | 12.9 |  |  | (1,290.7) |  |  | — |
Total net sales and intersegment transfers | 3,049.9 |  |  | 2,186.1 |  |  | 1,718.7 |  |  | (1,287.8) |  |  | 5,666.9 |
Cost of goods sold | 1,332.2 |  |  | 1,735.8 |  |  | 1,107.2 |  |  | (1,288.8) |  |  | 2,886.4 |
Selling, general and administrative expenses | 1,157.0 |  |  | 259.3 |  |  | 384.0 |  |  | 169.3 |  |  | 1,969.6 |
Interest expense | — |  |  | — |  |  | — |  |  | 131.6 |  |  | 131.6 |
Other segment items (1) | 1.9 |  |  | (6.2) |  |  | (4.9) |  |  | 8.7 |  |  | (0.5) |
Income before income taxes | $ | 558.8 |  |  | $ | 197.2 |  |  | $ | 232.4 |  |  | $ | (308.6) |  |  | $ | 679.8 |
Percent to Net sales | 18.3% |  | 21.7% |  | 13.6% |  | nm |  | 12.0%
Supplemental Information: |  |  |  |  |  |  |  |  |
Capital expenditures | $ | 18.6 |  |  | $ | 51.7 |  |  | $ | 3.8 |  |  | $ | 64.2 |  |  | $ | 138.3 |
Depreciation (2) | 23.7 |  |  | 52.9 |  |  | 5.0 |  |  | 16.7 |  |  | 98.3 |
Amortization (3) | 2.1 |  |  | 20.7 |  |  | 65.4 |  |  | 0.3 |  |  | 88.5 |
nm - not meaningful |  |  |  |  |  |  |  |  |
(1) Other segment items includes Other general expense - net, Interest income and Other (income) expense - net. See Note 15 for further information. (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 March 31, 2025
| Paint Stores Group |  | Consumer Brands Group |  | Performance Coatings Group |  | Administrative |  | Consolidated Totals
Net sales | $ | 2,939.8 |  |  | $ | 762.2 |  |  | $ | 1,602.0 |  |  | $ | 1.7 |  |  | $ | 5,305.7 |
Intersegment transfers | — |  |  | 1,221.0 |  |  | 5.3 |  |  | (1,226.3) |  |  | — |
Total net sales and intersegment transfers | 2,939.8 |  |  | 1,983.2 |  |  | 1,607.3 |  |  | (1,224.6) |  |  | 5,305.7 |
Cost of good sold | 1,307.9 |  |  | 1,632.7 |  |  | 1,036.0 |  |  | (1,230.0) |  |  | 2,746.6 |
Selling, general and administrative expenses | 1,093.0 |  |  | 217.7 |  |  | 351.5 |  |  | 131.6 |  |  | 1,793.8 |
Interest expense | — |  |  | — |  |  | — |  |  | 103.8 |  |  | 103.8 |
Other segment items (1) | (2.3) |  |  | 0.9 |  |  | 7.1 |  |  | 2.8 |  |  | 8.5 |
Income before income taxes | $ | 541.2 |  |  | $ | 131.9 |  |  | $ | 212.7 |  |  | $ | (232.8) |  |  | $ | 653.0 |
Percent to Net sales | 18.4% |  | 17.3% |  | 13.3% |  | nm |  | 12.3%
Supplemental Information: |  |  |  |  |  |  |  |  |
Capital expenditures | $ | 26.7 |  |  | $ | 56.9 |  |  | $ | 12.4 |  |  | $ | 93.3 |  |  | $ | 189.3 |
Depreciation (2) | 22.1 |  |  | 45.9 |  |  | 4.8 |  |  | 7.1 |  |  | 79.9 |
Amortization (3) | 0.4 |  |  | 16.8 |  |  | 63.5 |  |  | 0.3 |  |  | 81.0 |
nm - not meaningful |  |  |  |  |  |  |  |  |
(1) Other segment items includes Other general expense - net, Interest income and Other (income) expense - net. See Note 15 for further information. (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
March 31, 2026 | $ | 6,551.2 |  |  | $ | 8,321.8 |  |  | $ | 7,877.9 |  |  | $ | 3,627.8 |  |  | $ | 26,378.7 |
December 31, 2025 | 6,378.6 |  |  | 8,025.5 |  |  | 7,859.5 |  |  | 3,638.1 |  |  | 25,901.7 |
March 31, 2025 | 6,143.8 |  |  | 7,156.8 |  |  | 8,071.1 |  |  | 3,264.4 |  |  | 24,636.1 |

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