v3.25.4

Restructuring | 12 Months Ended
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Dec. 31, 2025
Restructuring and Related Activities [Abstract] |
Restructuring | Restructuring During 2025, 2024 and 2023, we initiated and continued execution of certain business restructuring initiatives aimed at reducing our fixed cost structure and realigning our business. Restructuring initiatives during the years ended December 31, 2025, 2024 and 2023 included a reduction in hourly and salaried headcount of approximately 90, 125 and 65 employees, respectively. Restructuring related costs included in Selling, general and administrative in the Consolidated Statements of Operations and Comprehensive Income included costs for severance and other restructuring costs as follows:
| Years ended December 31
In millions | 2025 | 2024 | 2023
Severance and related costs | $ | 4.8 |  | $ | 4.9 |  | $ | 3.3 |
Other | 2.7 |  | 2.1 |  | 0.6 |
Total restructuring costs | $ | 7.5 |  | $ | 7.0 |  | $ | 3.9 |
Other restructuring costs primarily consist of asset impairment and various contract termination costs. Restructuring costs by reportable segment as well as Enterprise and other were as follows:
| Years ended December 31
In millions | 2025 | 2024 | 2023
Systems Protection | $ | 1.2 |  | $ | 1.2 |  | $ | 1.4 |
Electrical Connections | 3.4 |  | 4.8 |  | 1.6 |
Enterprise and other | 2.9 |  | 1.0 |  | 0.9 |
Consolidated | $ | 7.5 |  | $ | 7.0 |  | $ | 3.9 |
Activity related to accrued severance and related costs recorded in Other current liabilities in the Consolidated Balance Sheets is summarized as follows:
| Years ended December 31
In millions | 2025 | 2024
Beginning balance | $ | 1.8 |  | $ | 1.2 |
Costs incurred | 4.8 |  | 4.9 |
Cash payments and other | (3.8) |  | (4.3) |
Ending balance | $ | 2.8 |  | $ | 1.8 |

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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 + Details
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