Company: AOS
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000091142-25-000150
Chunk: 21

Company: SMITH A O CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 8
Chunk 21
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 176.6 — 512.4 60.4 572.8 Other (income) expense, net(0.6)2.0 — 1.4 (2.8)(1.4)Earnings$563.0 $60.4 $(0.2)$623.2 $(57.6)$565.6 Interest expense(11.1)Earnings before provision for income taxes$554.5 

13

Table of Contents9. Segment Results (continued)

Nine Months Ended September 30, 2024(dollars in millions)North AmericaRest of WorldInter-segment EliminationTotal Segments Corporate ExpensesTotalSales from external customers$2,243.6 $662.1 $— $2,905.7 $— $2,905.7 Inter-segment sales16.7 19.9 — 36.6 — 36.6 2,260.3 682.0 — 2,942.3 — 2,942.3 Elimination of Inter-segment sales(16.7)(19.9)— (36.6)— (36.6)Net Sales2,243.6 662.1 — 2,905.7 — 2,905.7 Cost of products sold1,356.3 431.4 — 1,787.7 — 1,787.7 Gross Profit887.3 230.7 — 1,118.0 — 1,118.0 Inter-segment Profit— 0.4 (0.4)— — — Selling, general and administrative expenses327.0 175.7 — 502.7 54.6 557.3 Other expense (income), net0.7 (1.3)— (0.6)1.1 0.5 Earnings$559.6 $56.7 $(0.4)$615.9 $(55.7)$560.2 Interest expense(4.3)Earnings before provision for income taxes$555.9 Assets, depreciation and capital expenditures by segmentAssets(dollars in millions)September 30, 2025December 31, 2024North America$2,365.2 $2,