XML 50 R39.htm IDEA: XBRL DOCUMENT
v3.26.1

Restructuring (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2026
Restructuring and Related Activities [Abstract] |
Schedule of restructuring expense | The following table summarizes the cumulative restructuring charges recognized in operating income under the Company's restructuring plans, including the JBT Marel 2025 Integration restructuring plan, from the date the plan was initiated through June 30, 2026.:
| Cumulative Amount |  | During the Quarter Ended |  | Cumulative Amount
(In millions) | Balance as of December 31, 2025 |  | March 31, 2026 |  | June 30, 2026 |  |  |  | Balance as of June 30, 2026
Severance and related expense, net of release | $ | 29 |  |  | $ | (2) |  |  | $ | 12 |  |  |  |  | $ | 39 |
Gain on sale of building | — |  |  | (1) |  |  | — |  |  |  |  | (1) |
Other | 2 |  |  | 1 |  |  | — |  |  |  |  | 3 |
Total restructuring charges, net | $ | 31 |  |  | $ | (2) |  |  | $ | 12 |  |  |  |  | $ | 41 |
Schedule of restructuring reserve by type of cost | The following table details the restructuring liability balance for the JBT Marel 2025 Integration restructuring plan, recorded in Other current liabilities on the Condensed Consolidated Balance Sheets, for the six months ended June 30, 2026:
|  |  | Impact to Earnings |  |  |  |
(In millions) | Balance as of December 31, 2025 |  | Charged to Earnings |  | Releases(1) |  | Cash Payments |  | Balance as of June 30, 2026
Severance and related | $ | 16 |  |  | $ | 15 |  |  | $ | (5) |  |  | $ | (8) |  |  | $ | 18 |
Total | $ | 16 |  |  | $ | 15 |  |  | $ | (5) |  |  | $ | (8) |  |  | $ | 18 |
(1) Includes reductions of severance liabilities resulting from revisions to estimated severance payments and employee attrition.

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
Name: | us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.b.2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 + Details
Name: | us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration