Company: AOS
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0000091142-25-000100
Chunk: 21

Company: SMITH A O CORP
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 8
Chunk 21
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 Profit— 0.2 (0.2)— — — Selling, general and administrative expenses226.2 118.0 — 344.2 39.7 383.9 Other (income) expense, net(1.1)1.3 — 0.2 (1.8)(1.6)Earnings$383.3 $45.0 $(0.2)$428.1 $(37.9)$390.2 Interest expense(7.5)Earnings before provision for income taxes$382.7 

13

Table of Contents9. Segment Results (continued)

Six Months Ended June 30, 2024(dollars in millions)North AmericaRest of WorldInter-segment EliminationTotal Segments Corporate ExpensesTotalSales from external customers$1,546.0 $457.1 $— $2,003.1 $— $2,003.1 Inter-segment sales11.0 14.6 — 25.6 — 25.6 1,557.0 471.7 — 2,028.7 — 2,028.7 Elimination of Inter-segment sales(11.0)(14.6)— (25.6)— (25.6)Net Sales1,546.0 457.1 — 2,003.1 — 2,003.1 Cost of products sold923.5 298.9 — 1,222.4 — 1,222.4 Gross Profit622.5 158.2 — 780.7 — 780.7 Inter-segment Profit— 0.4 (0.4)— — — Selling, general and administrative expenses224.3 117.1 — 341.4 39.3 380.7 Other expense (income), net1.1 (1.6)— (0.5)(1.6)(2.1)Earnings$397.1 $43.1 $(0.4)$439.8 $(37.7)$402.1 Interest expense(2.8)Earnings before provision for income taxes$399.3 Assets, depreciation and capital expenditures by segmentAssets(dollars in millions)June 30,