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Restructuring and Other Transformation Charges (Tables)

12 Months Ended

Dec. 31, 2022

Restructuring and Related Activities [Abstract]

Schedule of restructuring

Restructuring and other transformation related to Project Matterhorn included in the accompanying Consolidated Statement of Operations for the year ended December 31, 2022, is as follows:

			YEAR ENDED DECEMBER 31, 2022
Restructuring			$	13,292
Other transformation			28,641
Restructuring and other transformation			$	41,933

Restructuring costs for Project Matterhorn, included as a component of Restructuring and other transformation in the accompanying Consolidated Statement of Operations, by segment for the year ended December 31, 2022 are as follows:

			YEAR ENDED DECEMBER 31, 2022
Global RIM Business			$	13,083
Global Data Center Business			—
Corporate and Other			209
Total restructuring costs			$	13,292

Restructuring costs for Project Summit are included as a component of Restructuring and other transformation in the accompanying Consolidated Statements of Operations for the years ended December 31, 2021 and 2020, and from the inception of Project Summit through December 31, 2021 is as follows:

						YEAR ENDED DECEMBER 31, 2021						YEAR ENDED DECEMBER 31, 2020						FROM INCEPTION OF PROJECT SUMMIT THROUGH DECEMBER 31, 2021
Employee severance						$	22,809					$	47,349					$	91,008
Professional fees and other						183,617						147,047						358,411
Total restructuring costs						$	206,426					$	194,396					$	449,419

As Project Summit was completed as of December 31, 2021, there were no restructuring costs for Project Summit for the year ended December 31, 2022.

Restructuring costs for Project Summit included in the accompanying Consolidated Statements of Operations by segment for the years ended December 31, 2021, and 2020 are as follows:

						YEAR ENDED DECEMBER 31, 2021						YEAR ENDED DECEMBER 31, 2020						FROM INCEPTION OF PROJECT SUMMIT THROUGH DECEMBER 31, 2021
Global RIM Business						$	59,033					$	67,140					$	148,073
Global Data Center Business						3,062						1,632						5,000
Corporate and Other						144,331						125,624						296,346
Total restructuring costs						$	206,426					$	194,396					$	449,419

A rollforward of the accrued restructuring costs, which is included as a component of Accrued expenses and other current liabilities in our Consolidated Balance Sheets for December 31, 2021 through December 31, 2022, is as follows:

						EMPLOYEE SEVERANCE						PROFESSIONAL FEES AND OTHER						TOTAL ACCRUED RESTRUCTURING COSTS
Balance as of December 31, 2020						$	16,278					$	23,775					$	40,053
Amounts accrued						22,809						183,617						206,426
Payments						(29,956)						(199,664)						(229,620)
Other, including currency translation adjustments						2,858						—						2,858
Balance as of December 31, 2021						$	11,989					$	7,728					$	19,717
Payments						(11,989)						(7,728)						(19,717)
Balance as of December 31, 2022						$	—					$	—					$	—

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- References

No definition available.

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- 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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
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-Publisher FASB
-Name Accounting Standards Codification
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Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
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