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REVENUE
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE
D. REVENUE

Our revenues are derived from sales to customers in the following geographic areas: North America and International, which are particularly in Europe. Net sales from these geographic areas, by segment, were as follows, in millions:
Three Months Ended June 30, 2025
Plumbing ProductsDecorative Architectural ProductsTotal
Primary geographic areas:
North America$899 $738 $1,638 
International413 — 413 
Total$1,312 $738 $2,051 
Six Months Ended June 30, 2025
Plumbing ProductsDecorative Architectural ProductsTotal
Primary geographic areas:
North America$1,695 $1,355 $3,049 
International802 — 802 
Total$2,497 $1,355 $3,852 
Three Months Ended June 30, 2024
Plumbing ProductsDecorative Architectural ProductsTotal
Primary geographic areas:
North America$857 $838 $1,695 
International397 — 397 
Total$1,253 $838 $2,091 
Six Months Ended June 30, 2024
Plumbing ProductsDecorative Architectural ProductsTotal
Primary geographic areas:
North America$1,648 $1,572 $3,220 
International797 — 797 
Total$2,445 $1,572 $4,017 
We recognized $1 million and $4 million of revenue for the three months ended June 30, 2025 and 2024, respectively, related to performance obligations settled in previous quarters of the same year. We recognized $1 million of revenue and reversed $1 million of revenue for the three and six months ended June 30, 2025, respectively, and recognized $2 million of revenue for both the three and six months ended June 30, 2024, related to performance obligations settled in previous years.
Our contract asset balance was $2 million at both June 30, 2025 and December 31, 2024. Our contract liability balance was $16 million and $45 million at June 30, 2025 and December 31, 2024, respectively.
D. REVENUE (Concluded)
Changes in the allowance for credit losses deducted from accounts receivable were as follows, in millions:
Six Months Ended June 30, 2025Twelve Months Ended December 31, 2024
Balance at January 1 $10 $11 
Provision for expected credit losses during the period
Write-offs charged against the allowance(2)(6)
Recoveries of amounts previously written off
Balance at end of period$13 $10