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RESTRUCTURING
3 Months Ended
Mar. 31, 2023
Restructuring and Related Activities [Abstract]  
RESTRUCTURING RESTRUCTURING
During the first quarter of 2022, Wabtec announced a three-year strategic initiative (“Integration 2.0”) to review and consolidate our operating footprint, reduce headcount, streamline the end-to-end manufacturing process, restructure the North America distribution channels, expand operations in low-cost countries, and simplify the business through systems enablement. Through this initiative, Management will also evaluate additional capital investments to further simplify and streamline the business. The Company anticipates that it will incur one-time restructuring charges related to Integration 2.0 of approximately $135 million to $165 million.
During three months ended March 31, 2023, the Company incurred one-time restructuring charges for programs included in the initiative of approximately $9 million, of which approximately $4 million was included in Cost of goods sold and approximately $5 million was included in Selling, general and administrative expenses on the Condensed Consolidated Statements of Income. These charges are primarily for employee-related costs and asset write downs associated with site consolidations in Europe. Approximately $7 million is related to actions in the Transit Segment and approximately $2 million is related to actions in the Freight Segment. No significant charges related to Integration 2.0 were recorded during the three months ended March 31, 2022.
Total one-time restructuring charges related to Integration 2.0 to date are approximately $78 million, which includes amounts recorded in the fourth quarter 2021 and the year ended December 31, 2022, primarily for similar actions in Europe. Programs approved to date are expected to result in approximately 15 facility closures and impact approximately 1,100 employees. Cash payments made during three months ended March 31, 2023 or 2022 were not material.