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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2024
Segment Reporting [Abstract] |
Financial Information by Reportable Segment | Net sales of the Company’s reportable segments as well as Corporate and other were as follows:
| Three months ended |  | Six months ended
In millions | June 30, 2024 | June 30, 2023 |  | June 30, 2024 | June 30, 2023
Flow | $ | 396.8 |  | $ | 411.6 |  |  | $ | 781.1 |  | $ | 803.4 |
Water Solutions | 310.5 |  | 336.2 |  |  | 583.6 |  | 608.2 |
Pool | 391.5 |  | 334.3 |  |  | 751.0 |  | 698.6 |
Reportable segment net sales | 1,098.8 |  | 1,082.1 |  |  | 2,115.7 |  | 2,110.2 |
Corporate and other | 0.5 |  | 0.4 |  |  | 0.8 |  | 0.9 |
Net sales | $ | 1,099.3 |  | $ | 1,082.5 |  |  | $ | 2,116.5 |  | $ | 2,111.1 |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated | The following table presents a reconciliation of reportable segment income to consolidated income from continuing operations before income taxes:
| Three months ended |  | Six months ended
In millions | June 30, 2024 | June 30, 2023 |  | June 30, 2024 | June 30, 2023
Reportable segment income |  |  |  |  |
Flow | $ | 84.4 |  | $ | 74.8 |  |  | $ | 161.7 |  | $ | 139.8 |
Water Solutions | 72.9 |  | 74.8 |  |  | 128.5 |  | 127.2 |
Pool | 133.6 |  | 105.1 |  |  | 244.4 |  | 221.3 |
Reportable segment income | 290.9 |  | 254.7 |  |  | 534.6 |  | 488.3 |
Corporate and other | (19.5) |  | (20.5) |  |  | (45.9) |  | (43.1) |
Asset impairment and write-offs | — |  | (0.5) |  |  | (0.8) |  | (4.4) |
Restructuring and other | (5.9) |  | (0.6) |  |  | (10.5) |  | (3.5) |
Transformation costs | (11.8) |  | (6.0) |  |  | (28.8) |  | (14.5) |
Intangible amortization | (13.4) |  | (13.9) |  |  | (26.9) |  | (27.7) |
Legal accrual adjustments and settlements | 7.9 |  | (4.1) |  |  | 8.2 |  | (2.2) |
Interest expense, net | (26.3) |  | (31.8) |  |  | (53.6) |  | (64.2) |
Other (expense) income | (1.0) |  | 4.2 |  |  | (2.0) |  | 3.3 |
Income from continuing operations before income taxes | $ | 220.9 |  | $ | 181.5 |  |  | $ | 374.3 |  | $ | 332.0 |

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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