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SEGMENT INFORMATION
9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
SEGMENT INFORMATION
I. SEGMENT INFORMATION

Information by segment was as follows, in millions:
 Three Months Ended September 30, 2025
 
Plumbing Products
Decorative Architectural Products
Total
Net sales (A)
$1,247 $670 $1,917 
Operating expenses (B)
1,042 537 
Corporate expenses (C)
Segment operating profit
$196 $128 $324 
General corporate expense, net (C)
(20)
Operating profit303 
Other income (expense), net(27)
Income before income taxes$276 
 Nine Months Ended September 30, 2025
 
Plumbing Products
Decorative Architectural Products
Total
Net sales (A)
$3,744 $2,025 $5,769 
Operating expenses (B)
3,029 1,628 
Corporate expenses (C)
27 17 
Segment operating profit
$688 $381 $1,068 
General corporate expense, net (C)
(68)
Operating profit1,001 
Other income (expense), net(93)
Income before income taxes$908 
 Three Months Ended September 30, 2024
 Plumbing ProductsDecorative Architectural ProductsTotal
Net sales (A)
$1,219 $764 $1,983 
Operating expenses (B)
969 619 
Corporate expenses (C)
10 
Segment operating profit
$240 $138 $378 
General corporate expense, net (C)
(21)
Operating profit357 
Other income (expense), net(109)
Income before income taxes$248 
I. SEGMENT INFORMATION (Concluded)
 Nine Months Ended September 30, 2024
 Plumbing ProductsDecorative Architectural ProductsTotal
Net sales (A)
$3,665 $2,336 $6,000 
Operating expenses (B)
2,919 1,877 
Corporate expenses (C)
33 22 
Segment operating profit
$713 $436 $1,149 
General corporate expense, net (C)
(76)
Operating profit1,073 
Other income (expense), net(170)
Income before income taxes$903 
 Property Additions
Three Months Ended September 30,Nine Months Ended September 30,
 2025202420252024
Plumbing Products$29 $27 $82 $77 
Decorative Architectural Products10 11 25 34 
Corporate
— 
Total$41 $38 $109 $112 
 Depreciation and Amortization
Three Months Ended September 30,Nine Months Ended September 30,
 2025202420252024
Plumbing Products$29 $27 $81 $80 
Decorative Architectural Products22 28 
Corporate
Total$38 $38 $109 $113 
Assets
At September 30, 2025At December 31, 2024
Plumbing Products$3,410 $3,131 
Decorative Architectural Products1,494 1,435 
Corporate407 450 
Total$5,311 $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.