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Restructuring (Tables)

6 Months Ended

Jun. 30, 2023

Restructuring and Related Activities [Abstract]

Restructuring - employee related

The following table summarizes the restructuring charges and the reserve activity for the 2020 restructuring program from December 31, 2022 to June 30, 2023:

(In millions)			Employee Related Costs						Other Exit Costs						Total
Balance at December 31, 2022:			$	155.6					$	1.9					$	157.5
Charges (1)			2.8						6.9						9.7
Cash payment			(24.5)						(3.1)						(27.6)
Utilization			—						(3.8)						(3.8)
Foreign currency translation			0.3						—						0.3
Balance at March 31, 2023:			$	134.2					$	1.9					$	136.1
Charges (1)			1.4						72.6						74.0
Cash payment			(22.5)						(1.6)						(24.1)
Utilization (2)			(4.4)						(72.9)						(77.3)
Foreign currency translation			—						—						—
Balance at June 30, 2023:			$	108.7					$	—					$	108.7

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(1)     For the three months ended June 30, 2023, total restructuring charges in Developed Markets, Emerging Markets, JANZ, and Corporate/Other were approximately $41.7 million, $2.0 million, $30.0 million, and $0.3 million, respectively.

For the six months ended June 30, 2023, total restructuring charges in Developed Markets, Emerging Markets, Greater China, JANZ, and Corporate/Other were approximately $49.4 million, $3.3 million, $(0.6) million, $31.3 million, and $0.3 million, respectively.

(2)     For the three and six months ended June 30, 2023, other exit costs includes expense of $71.6 million relating to plant divestitures.

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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.

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