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Restructuring And Other Transformation (Tables) | 6 Months Ended
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Jun. 30, 2025
Restructuring and Related Activities [Abstract] |
Schedule of Restructuring And Other Transformation | Restructuring and other transformation related to Project Matterhorn included in the accompanying Condensed Consolidated Statements of Operations for the three and six months ended June 30, 2025 and 2024, and from the inception of Project Matterhorn through June 30, 2025, is as follows:
| THREE MONTHS ENDED JUNE 30, |  | SIX MONTHS ENDED JUNE 30, |  | FROM INCEPTION THROUGH JUNE 30, 2025
| 2025 |  | 2024 |  | 2025 |  | 2024 |
Restructuring | $ | 18,246 |  |  | $ | 16,336 |  |  | $ | 40,102 |  |  | $ | 27,062 |  |  | $ | 161,795 |
Other transformation | 32,094 |  |  | 30,177 |  |  | 64,984 |  |  | 60,218 |  |  | 321,798 |
Restructuring and other transformation | $ | 50,340 |  |  | $ | 46,513 |  |  | $ | 105,086 |  |  | $ | 87,280 |  |  | $ | 483,593 |
Restructuring costs for Project Matterhorn, included as a component of Restructuring and other transformation in the accompanying Condensed Consolidated Statements of Operations, by segment, for the three and six months ended June 30, 2025 and 2024, and from the inception of Project Matterhorn through June 30, 2025, are as follows:
| THREE MONTHS ENDED JUNE 30, |  | SIX MONTHS ENDED JUNE 30, |  | FROM INCEPTION THROUGH JUNE 30, 2025
| 2025 |  | 2024 |  | 2025 |  | 2024 |
Global RIM Business | $ | 16,674 |  |  | $ | 12,643 |  |  | $ | 37,400 |  |  | $ | 22,784 |  |  | $ | 139,335 |
Global Data Center Business | 151 |  |  | 2,572 |  |  | 151 |  |  | 2,576 |  |  | 3,727 |
Corporate and Other | 1,421 |  |  | 1,121 |  |  | 2,551 |  |  | 1,702 |  |  | 18,733 |
Total restructuring costs | $ | 18,246 |  |  | $ | 16,336 |  |  | $ | 40,102 |  |  | $ | 27,062 |  |  | $ | 161,795 |
Other transformation costs for Project Matterhorn, included as a component of Restructuring and other transformation in the accompanying Condensed Consolidated Statements of Operations, by segment, for the three and six months ended June 30, 2025 and 2024, and from the inception of Project Matterhorn through June 30, 2025, are as follows:
| THREE MONTHS ENDED JUNE 30, |  | SIX MONTHS ENDED JUNE 30, |  | FROM INCEPTION THROUGH JUNE 30, 2025
| 2025 |  | 2024 |  | 2025 |  | 2024 |
Global RIM Business | $ | 11,648 |  |  | $ | 10,374 |  |  | $ | 22,711 |  |  | $ | 19,344 |  |  | $ | 93,318 |
Global Data Center Business | 1,229 |  |  | 1,272 |  |  | 2,512 |  |  | 2,663 |  |  | 12,332 |
Corporate and Other | 19,217 |  |  | 18,531 |  |  | 39,761 |  |  | 38,211 |  |  | 216,148 |
Total other transformation costs | $ | 32,094 |  |  | $ | 30,177 |  |  | $ | 64,984 |  |  | $ | 60,218 |  |  | $ | 321,798 |
The rollforward of the accrued restructuring costs and accrued other transformation costs, which are included as components of Accrued expenses and other current liabilities in our Condensed Consolidated Balance Sheets, for December 31, 2024 through June 30, 2025, is as follows:
| RESTRUCTURING |  | OTHER TRANSFORMATION |  | TOTAL RESTRUCTURING AND OTHER TRANSFORMATION
Balance as of December 31, 2024 | $ | 6,974 |  |  | $ | 13,004 |  |  | $ | 19,978 |
Amount accrued | 40,102 |  |  | 64,984 |  |  | 105,086 |
Payments | (33,199) |  |  | (61,487) |  |  | (94,686) |
Balance as of June 30, 2025 | $ | 13,877 |  |  | $ | 16,501 |  |  | $ | 30,378 |

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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 -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 5.P.3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -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 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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