v3.25.4

Revenue (Tables) | 12 Months Ended
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Dec. 31, 2025
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | Geographic net sales information, based on geographic destination of the sale, was as follows:
| Year ended December 31, 2025
In millions | Systems Protection | Electrical Connections |  | Total
Americas | $ | 2,052.3 |  | $ | 1,106.0 |  |  | $ | 3,158.3 |
EMEA (1) | 433.8 |  | 153.5 |  |  | 587.3 |
Asia-Pacific | 106.8 |  | 40.7 |  |  | 147.5 |
Total | $ | 2,592.9 |  | $ | 1,300.2 |  |  | $ | 3,893.1 |
| Year ended December 31, 2024
In millions | Systems Protection | Electrical Connections |  | Total
Americas | $ | 1,327.9 |  | $ | 997.6 |  |  | $ | 2,325.5 |
EMEA (1) | 387.2 |  | 146.7 |  |  | 533.9 |
Asia-Pacific | 108.2 |  | 38.5 |  |  | 146.7 |
Total | $ | 1,823.3 |  | $ | 1,182.8 |  |  | $ | 3,006.1 |
| Year ended December 31, 2023
In millions | Systems Protection | Electrical Connections |  | Total
Americas | $ | 1,137.9 |  | $ | 877.0 |  |  | $ | 2,014.9 |
EMEA (1) | 369.7 |  | 151.6 |  |  | 521.3 |
Asia-Pacific | 98.3 |  | 34.4 |  |  | 132.7 |
Total | $ | 1,605.9 |  | $ | 1,063.0 |  |  | $ | 2,668.9 |
(1) EMEA includes Europe, Middle East, India and Africa.
Vertical net sales information was as follows:
| Year ended December 31, 2025
In millions | Systems Protection | Electrical Connections |  | Total
Infrastructure | $ | 1,298.9 |  | $ | 447.2 |  |  | $ | 1,746.1 |
Industrial | 998.9 |  | 170.9 |  |  | 1,169.8 |
Commercial & Residential | 260.8 |  | 636.0 |  |  | 896.8 |
Energy | 34.3 |  | 46.1 |  |  | 80.4 |
Total | $ | 2,592.9 |  | $ | 1,300.2 |  |  | $ | 3,893.1 |
| Year ended December 31, 2024
In millions | Systems Protection | Electrical Connections |  | Total
Infrastructure | $ | 640.0 |  | $ | 340.9 |  |  | $ | 980.9 |
Industrial | 911.3 |  | 153.3 |  |  | 1,064.6 |
Commercial & Residential | 242.7 |  | 636.2 |  |  | 878.9 |
Energy | 29.3 |  | 52.4 |  |  | 81.7 |
Total | $ | 1,823.3 |  | $ | 1,182.8 |  |  | $ | 3,006.1 |
| Year ended December 31, 2023
In millions | Systems Protection | Electrical Connections |  | Total
Infrastructure | $ | 468.9 |  | $ | 327.9 |  |  | $ | 796.8 |
Industrial | 868.9 |  | 123.4 |  |  | 992.3 |
Commercial & Residential | 242.4 |  | 567.6 |  |  | 810.0 |
Energy | 25.7 |  | 44.1 |  |  | 69.8 |
Total | $ | 1,605.9 |  | $ | 1,063.0 |  |  | $ | 2,668.9 |
Contract with Customer, Asset and Liability | Contract assets and liabilities consisted of the following:
In millions | December 31, 2025 | December 31, 2024 | $ Change | % Change
Contract assets | $ | 160.8 |  | $ | 54.9 |  | $ | 105.9 |  | 192.9 | %
Contract liabilities | 176.8 |  | 22.5 |  | 154.3 |  | 685.8 | %
Net contract assets (liabilities) | $ | (16.0) |  | $ | 32.4 |  | $ | (48.4) |  | (149.4) | %
In millions | December 31, 2024 | December 31, 2023 | $ Change | % Change
Contract assets | $ | 54.9 |  | $ | 13.6 |  | $ | 41.3 |  | 303.7 | %
Contract liabilities | 22.5 |  | 8.0 |  | 14.5 |  | 181.3 | %
Net contract assets (liabilities) | $ | 32.4 |  | $ | 5.6 |  | $ | 26.8 |  | 478.6 | %

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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