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RESTRUCTURING AND OTHER CHARGES

12 Months Ended

Dec. 31, 2025

Restructuring and Related Activities [Abstract]

RESTRUCTURING AND OTHER CHARGES

. RESTRUCTURING AND OTHER CHARGES

Restructuring and other charges represent amounts incurred in connection with the elimination of redundant positions and facilities within the organization in connection with cost saving initiatives, the Spin-off, and acquisitions or dispositions of businesses by the Company.

The components of Restructuring and other charges were as follows:

			Year Ended December 31,
			2025						2024						2023
Severance and other personnel costs			$	27.2					$	43.0					$	33.4
Facility-related costs			17.9						5.9						22.3
Contract termination costs			13.9						—						—
Long-lived asset impairment and other non-cash charges			101.3						—						—
Reversal of previously established restructuring accruals			(33.1)						(2.9)						(6.6)
Total Restructuring and other charges (1)			$	127.2					$	46.0					$	49.1

(1)Includes $105.5 of costs and charges associated with the restructuring of ED for the year ended December 31, 2025, which mainly consisted of impairment charges related to property, plant, and equipment, intangible assets, and other assets of $61.4, $16.0, and $8.2, respectively.

The activity within the restructuring liabilities established were as follows:

			Severance and Other Personnel Costs						Facility-related Costs																					Contract Termination Costs						Total
Liability balance at December 31, 2023			$	7.6					$	13.0																				$	—					$	20.6
Restructuring charges			43.0						5.9																					—						48.9
Reduction of prior restructuring accruals			(2.5)						(0.4)																					—						(2.9)
Cash payments and other adjustments			(39.7)						(5.6)																					—						(45.3)
Liability balance at December 31, 2024			8.4						12.9																					—						21.3
Restructuring charges			27.2						17.9																					13.9						59.0
Reduction of prior restructuring accruals			(2.5)						(30.6)																					—						(33.1)
Cash payments and other adjustments			(32.1)						4.7																					—						(27.4)
Liability balance at December 31, 2025			$	1.0					$	4.9																				$	13.9					$	19.8
Liability balance classified as current																																				$	7.8
Liability balance classified as non-current																																				12.0
Total liability balance at December 31, 2025																																				$	19.8

The non-current portion of the restructuring liability balance is expected to be paid out over 2.5 years.

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- References

No definition available.

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- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 5.P.4.e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-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 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482017/420-10-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 420
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/420/tableOfContent

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482017/420-10-50-1

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