XML 51 R29.htm IDEA: XBRL DOCUMENT v3.25.3
Restructuring And Other Transformation (Tables)
 9 Months Ended
Sep. 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 nine months ended September 30, 2025 and 2024, and from the inception of Project Matterhorn through September 30, 2025, is as follows:
THREE MONTHS ENDED SEPTEMBER 30,NINE MONTHS ENDED SEPTEMBER 30,
FROM INCEPTION
THROUGH
SEPTEMBER 30, 2025
2025202420252024
Restructuring$21,502 $11,556 $61,604 $38,618 $183,297 
Other transformation25,844 25,726 90,828 85,944 347,642 
Restructuring and other transformation
$47,346 $37,282 $152,432 $124,562 $530,939 
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 nine months ended September 30, 2025 and 2024, and from the inception of Project Matterhorn through September 30, 2025, are as follows:
THREE MONTHS ENDED SEPTEMBER 30,NINE MONTHS ENDED SEPTEMBER 30,FROM INCEPTION
THROUGH
SEPTEMBER 30, 2025
2025202420252024
Global RIM Business$18,827 $10,731 $56,227 $33,515 $158,162 
Global Data Center Business220 — 371 2,576 3,947 
Corporate and Other2,455 825 5,006 2,527 21,188 
Total restructuring costs
$21,502 $11,556 $61,604 $38,618 $183,297 
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 nine months ended September 30, 2025 and 2024, and from the inception of Project Matterhorn through September 30, 2025, are as follows:
THREE MONTHS ENDED SEPTEMBER 30,NINE MONTHS ENDED SEPTEMBER 30,FROM INCEPTION
THROUGH
SEPTEMBER 30, 2025
2025202420252024
Global RIM Business$10,008 $10,799 $32,719 $30,143 $103,326 
Global Data Center Business2,299 1,292 4,811 3,955 14,631 
Corporate and Other13,537 13,635 53,298 51,846 229,685 
Total other transformation costs
$25,844 $25,726 $90,828 $85,944 $347,642 
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 September 30, 2025, is as follows:
RESTRUCTURINGOTHER TRANSFORMATIONTOTAL RESTRUCTURING AND OTHER TRANSFORMATION
Balance as of December 31, 2024
$6,974 $13,004 $19,978 
Amount accrued61,604 90,828 152,432 
Payments(54,027)(87,597)(141,624)
Balance as of September 30, 2025
$14,551 $16,235 $30,786