REVENUES

Schedule of principal activities, separated by reportable segments and geographic region

Net sales at public exchange rates by reportable segment are as follows:

Third Quarter Ended

Nine Months Ended

September 30

(millions)

2025

2024

2025

2024

Global Water

Product and sold equipment

$1,791.5

$1,722.0

$5,115.8

$5,036.4

Service and lease equipment

263.1

244.4

742.5

705.0

Global Institutional & Specialty

Product and sold equipment

1,296.4

1,274.1

3,693.4

3,792.5

Service and lease equipment

297.5

282.6

863.1

822.2

Global Pest Elimination

Product and sold equipment

-

Service and lease equipment

331.8

307.2

929.8

869.0

Global Life Sciences

Product and sold equipment

174.7

159.9

512.1

486.7

Service and lease equipment

10.0

8.3

28.5

24.4

Total

Total product and sold equipment

$3,262.6

$3,156.0

$9,321.3

$9,315.6

Total service and lease equipment

$902.4

$842.5

$2,563.9

$2,420.6

Net sales at public exchange rates by geographic region for the third quarter ended September 30 are as follows:


	Global				Global Institutional				Global Pest				Global
	Water				& Specialty				Elimination				Life Sciences
	2025		2024		2025		2024		2025		2024		2025		2024

United States		$884.3		$835.6		$1,042.8		$1,013.1		$231.8		$217.2		$52.3		$47.3
Europe		435.0		416.1		271.5		267.0		54.4		47.0		95.1		84.1
Asia Pacific		236.7		234.4		83.7		79.3		8.9		8.0		12.5		9.5
Latin America		210.1		201.9		50.4		52.6		15.6		14.8		4.3		5.5
India, Middle East and Africa		124.4		121.8		25.7		28.5		1.8		1.8		6.8		6.5
Greater China		105.4		100.5		50.8		46.4		15.7		15.3		12.4		14.5
Canada		58.7		56.1		69.0		69.8		3.6		3.1		1.3		0.8
Total		$2,054.6		$1,966.4		$1,593.9		$1,556.7		$331.8		$307.2		$184.7		$168.2

Net sales at public exchange rates by geographic region for the nine months ended September 30 are as follows:


	Global				Global Institutional				Global Pest				Global
	Water				& Specialty				Elimination				Life Sciences
(millions)	2025		2024		2025		2024		2025		2024		2025		2024

United States		$2,552.8		$2,449.9		$3,005.8		$3,034.3		$649.9		$605.7		$156.4		$141.3
Europe		1,202.5		1,175.1		756.2		778.4		149.9		136.6		272.4		277.2
Asia Pacific		688.9		695.6		238.0		238.9		25.6		23.6		34.4		26.1
Latin America		584.8		602.9		150.6		159.0		44.3		44.3		13.7		14.8
India, Middle East and Africa		350.8		350.0		70.5		75.4		5.2		5.2		23.0		11.8
Greater China		307.6		301.4		147.9		136.2		45.5		44.9		37.6		37.8
Canada		170.9		166.5		187.5		192.5		9.4		8.7		3.1		2.1
Total		$5,858.3		$5,741.4		$4,556.5		$4,614.7		$929.8		$869.0		$540.6		$511.1

Schedule of contract liability


	Nine Months Ended
	September 30
(millions)	2025		2024

Contract liability as of beginning of the year		$102.0		$110.9

Revenue recognized in the period from:
Amounts included in the contract liability at the beginning of the year		(102.0)		(110.9)

Increases due to billings excluding amounts recognized as revenue during the period ended		116.0		103.9

Contract liability as of end of period		$116.0		$103.9