v3.25.4

Segment Information (Tables)

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

Segment results for the year ended December 31, 2025 were as follows:

($ in millions)			Mobility Technologies						Repair Solutions						Environmental & Fueling Solutions						Other						Eliminations						Total
Sales of products and services (a)			$	1,049.0					$	589.9					$	1,436.7					$	—					$	—					$	3,075.6
Intersegment sales			74.9						—						—						—						(74.9)						—
Total sales			1,123.9						589.9						1,436.7						—						(74.9)						3,075.6
Operating costs and expenses:
Other segment items			(912.4)						(466.8)						(1,014.7)						—						74.9						(2,319.0)
Segment operating profit			$	211.5					$	123.1					$	422.0					$	—					$	—					$	756.6

(a) Repair Solutions includes interest income related to financing receivables of $74.5 million.

Segment results for the year ended December 31, 2024 were as follows:

($ in millions)			Mobility Technologies						Repair Solutions						Environmental & Fueling Solutions						Other						Eliminations						Total
Sales of products and services(a)			$	984.5					$	633.4					$	1,359.8					$	1.3					$	—					$	2,979.0
Intersegment sales			30.0						—						—						—						(30.0)						—
Total sales			1,014.5						633.4						1,359.8						1.3						(30.0)						2,979.0
Operating costs and expenses:
Other segment items			(821.9)						(492.7)						(964.9)						(1.7)						30.0						(2,251.2)
Segment operating profit			$	192.6					$	140.7					$	394.9					$	(0.4)					$	—					$	727.8

(a) Repair Solutions includes interest income related to financing receivables of $76.1 million.

Segment results for the year ended December 31, 2023 were as follows:

($ in millions)			Mobility Technologies						Repair Solutions						Environmental & Fueling Solutions						Other						Eliminations						Total
Sales of products and services(a)			$	1,001.2					$	651.5					$	1,323.7					$	118.8					$	—					$	3,095.2
Intersegment sales			2.6						—						—						—						(2.6)						—
Total sales			1,003.8						651.5						1,323.7						118.8						(2.6)						3,095.2
Operating costs and expenses:
Other segment items			(803.9)						(481.5)						(954.2)						(107.5)						2.6						(2,344.5)
Segment operating profit			$	199.9					$	170.0					$	369.5					$	11.3					$	—					$	750.7

(a) Repair Solutions includes interest income related to financing receivables of $78.8 million.

A reconciliation of segment operating profit to earnings before income taxes for the years ended December 31 were as follows:

($ in millions)			2025						2024						2023
Segment operating profit			$	756.6					$	727.8					$	750.7
Corporate & other unallocated costs:
Amortization of acquisition-related intangible assets			(74.1)						(79.7)						(81.2)
Stock-based compensation expense			(30.1)						(31.6)						(31.5)
Restructuring and other related charges			(10.4)						(13.5)						(25.2)
Other unallocated expense			(13.3)						(0.9)						(1.2)
Corporate costs			(110.3)						(109.0)						(109.9)
Repair Solutions Capital Charge			43.2						43.9						41.7
Total corporate & other unallocated costs			(195.0)						(190.8)						(207.3)
Operating profit			561.6						537.0						543.4
Interest expense, net			(59.8)						(74.7)						(93.7)
Gain on sale of businesses			3.5						37.2						34.4
Other non-operating income (expense), net			2.9						(1.9)						(0.6)
Earnings before income taxes			$	508.2					$	497.6					$	483.5

Depreciation expense by segment for the years ended December 31 were as follows:

($ in millions)			2025						2024						2023
Mobility Technologies			$	39.9					$	35.3					$	29.4
Repair Solutions			2.2						2.6						2.1
Environmental & Fueling Solutions			7.8						8.0						11.2
Corporate			1.2						1.5						1.1
Total			$	51.1					$	47.4					$	43.8

Schedule of Long-Lived Assets by Geographic Areas

Tangible long-lived assets, which consist of property, plant and equipment and operating lease right-of-use assets, by geographic area as of December 31 were as follows:

($ in millions)			2025						2024
United States			$	104.2					$	106.0
All other			59.7						61.0
Total tangible long-lived assets			$	163.9					$	167.0

X

- Definition

Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

+ References

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-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
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