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Revenue
 3 Months Ended
Mar. 29, 2025
Revenue from Contract with Customer [Abstract]  
Revenue

10. Revenue

The following table disaggregates our consolidated revenue by major sales distribution channels for the thirteen weeks ended March 29, 2025 and March 30, 2024:

 

(In millions)

 

Thirteen Weeks Ended March 29, 2025

 

 

Thirteen Weeks Ended March 30, 2024

 

Wholesalers(a)

 

$

505.8

 

 

$

533.6

 

Home Center retailers(b)

 

 

244.1

 

 

 

278.0

 

Other retailers(c)

 

 

104.4

 

 

 

95.0

 

U.S. net sales

 

 

854.3

 

 

 

906.6

 

International(d)

 

 

178.8

 

 

 

203.0

 

Net sales

 

$

1,033.1

 

 

$

1,109.6

 

 

(a)
Represents sales to customers whose business is oriented towards builders, professional trade people and home remodelers, inclusive of sales through our customers’ respective internet website portals.
(b)
Represents sales to the three largest “Do-It-Yourself” retailers: The Home Depot, Inc., Lowe's Companies, Inc. and Menards, Inc., inclusive of sales through their respective internet website portals.
(c)
Represents sales principally to our mass merchant and standalone independent e-commerce customers.
(d)
Represents sales in markets outside the United States, principally in China, Canada, Europe and Mexico.

 

As part of our contracts with customers, we recognize contract liabilities, principally deferred revenue. Deferred revenue liabilities represents advanced payments and billings in excess of revenue recognized. Deferred revenue liabilities of $20.0 million and $29.6 million as of March 29, 2025 and March 30, 2024, respectively, were included in Other current liabilities in our consolidated balance sheet, and $12.1 million and $11.4 million as of March 29, 2025 and March 30, 2024, respectively, were included in Other noncurrent liabilities in our consolidated balance sheet.