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SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
SEGMENT INFORMATION
I. SEGMENT INFORMATION

Information by segment was as follows, in millions:
 Three Months Ended June 30, 2025
 
Plumbing Products
Decorative Architectural Products
Total
Net sales (A)
$1,312 $738 $2,051 
Operating expenses (B)
1,030 576 
Corporate expenses (C)
8 5 
Segment operating profit
$275 $157 $432 
General corporate expense, net (C)
(20)
Operating profit412 
Other income (expense), net(33)
Income before income taxes$378 
 Six Months Ended June 30, 2025
 
Plumbing Products
Decorative Architectural Products
Total
Net sales (A)
$2,497 $1,355 $3,852 
Operating expenses (B)
1,987 1,090 
Corporate expenses (C)
18 11 
Segment operating profit
$492 $253 $745 
General corporate expense, net (C)
(47)
Operating profit698 
Other income (expense), net(66)
Income before income taxes$632 
 Three Months Ended June 30, 2024
 Plumbing ProductsDecorative Architectural ProductsTotal
Net sales (A)
$1,253 $838 $2,091 
Operating expenses (B)
996 658 
Corporate expenses (C)
11 6 
Segment operating profit
$247 $174 $421 
General corporate expense, net (C)
(24)
Operating profit397 
Other income (expense), net(31)
Income before income taxes$366 
I. SEGMENT INFORMATION (Concluded)
 Six Months Ended June 30, 2024
 Plumbing ProductsDecorative Architectural ProductsTotal
Net sales (A)
$2,445 $1,572 $4,017 
Operating expenses (B)
1,950 1,258 
Corporate expenses (C)
23 15 
Segment operating profit
$472 $299 $771 
General corporate expense, net (C)
(55)
Operating profit715 
Other income (expense), net(61)
Income before income taxes$655 
 Property Additions
Three Months Ended June 30,Six Months Ended June 30,
 2025202420252024
Plumbing Products$26 $32 $52 $51 
Decorative Architectural Products9 11 15 23 
Corporate
1 1 1 1 
Total$36 $44 $68 $74 
 Depreciation and Amortization
Three Months Ended June 30,Six Months Ended June 30,
 2025202420252024
Plumbing Products$27 $27 $52 $53 
Decorative Architectural Products7 9 15 19 
Corporate
2 2 4 4 
Total$36 $38 $71 $76 
Assets
At June 30, 2025At December 31, 2024
Plumbing Products$3,461 $3,131 
Decorative Architectural Products1,590 1,435 
Corporate237 450 
Total$5,288 $5,016 
(A)Intra-company sales between segments were not material and have been excluded from net sales.
(B)Operating expenses included cost of sales and selling, general and administrative expenses.
(C)Corporate expenses included specific corporate overhead allocated to each segment. General corporate expense, net included those expenses not specifically attributable to our segments.