XML 25 R19.htm IDEA: XBRL DOCUMENT v3.25.3
Revenue
 9 Months Ended
Sep. 27, 2025
Revenue from Contract with Customer [Abstract]  
Revenue

10. Revenue

The following table disaggregates our consolidated revenue by major sales distribution channels for the thirty-nine and thirteen weeks ended September 27, 2025 and September 28, 2024:

 

(In millions)

 

Thirty-Nine Weeks Ended September 27, 2025

 

 

Thirty-Nine Weeks Ended September 28, 2024

 

 

Thirteen Weeks Ended September 27, 2025

 

 

Thirteen Weeks Ended September 28, 2024

 

Wholesalers(a)

 

$

1,641.7

 

 

$

1,702.4

 

 

$

512.9

 

 

$

566.0

 

Home Center retailers(b)

 

 

847.6

 

 

 

860.3

 

 

 

323.7

 

 

 

277.8

 

Other retailers(c)

 

 

350.8

 

 

 

335.7

 

 

 

119.9

 

 

 

118.1

 

U.S. net sales

 

 

2,840.1

 

 

 

2,898.4

 

 

 

956.5

 

 

 

961.9

 

International(d)

 

 

545.6

 

 

 

606.4

 

 

 

192.7

 

 

 

193.4

 

Net sales

 

$

3,385.7

 

 

$

3,504.8

 

 

$

1,149.2

 

 

$

1,155.3

 

` `

(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 $17.7 million and $29.6 million as of September 27, 2025 and September 28, 2024, respectively, were included in Other current liabilities in our consolidated balance sheet, and $13.8 million and $12.0 million as of September 27, 2025 and September 28, 2024, respectively, were included in Other noncurrent liabilities in our consolidated balance sheet.