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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets
The carrying amounts of the Company’s intangible assets, excluding goodwill, are as follows:
(In millions)September 30, 2025December 31, 2024
 Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
Amortizing intangibles:    
Customer relationships$305.6 $(144.7)$263.4 $(128.8)
Patents7.4 (7.4)7.2 (7.2)
Technology10.4 (7.7)7.5 (7.5)
Trade names58.1 (10.7)44.5 (8.1)
Other2.9 (2.5)2.8 (2.4)
Total$384.4 $(173.0)$325.4 $(154.0)
Non-amortizing intangibles:    
Trade names41.8 — 41.6 — 
Total intangibles$426.2 $(173.0)$367.0 $(154.0)
Schedule of Indefinite-Lived Intangible Assets
The carrying amounts of the Company’s intangible assets, excluding goodwill, are as follows:
(In millions)September 30, 2025December 31, 2024
 Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
Amortizing intangibles:    
Customer relationships$305.6 $(144.7)$263.4 $(128.8)
Patents7.4 (7.4)7.2 (7.2)
Technology10.4 (7.7)7.5 (7.5)
Trade names58.1 (10.7)44.5 (8.1)
Other2.9 (2.5)2.8 (2.4)
Total$384.4 $(173.0)$325.4 $(154.0)
Non-amortizing intangibles:    
Trade names41.8 — 41.6 — 
Total intangibles$426.2 $(173.0)$367.0 $(154.0)
Schedule of Change in the Carrying Amount of Goodwill by Reporting Segment
The change in the carrying amount of goodwill by reportable segment for the nine months ended September 30, 2025 is as follows:
(In millions)
Water SystemsEnergy SystemsDistributionConsolidated
Balance as of December 31, 2024$217.6 $70.3 $50.6 $338.5 
Acquisitions55.4 — — 55.4 
Adjustments to prior year acquisitions0.1 — — 0.1 
Foreign currency translation4.2 0.2 — 4.4 
Balance as of September 30, 2025$277.3 $70.5 $50.6 $398.4