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Restructuring and Business Optimization Expenses (Tables)

9 Months Ended

Sep. 30, 2024

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Reserve

Restructuring expenses activity, which relates to severance and other related costs, during the three and nine months ended September 30, 2024 is summarized as follows (in millions):

Balance as of December 31, 2023									$	7.8
First quarter 2024 provision									1.1
First quarter 2024 cash activity									(3.4)
Foreign currency translation									(0.2)
Balance as of March 31, 2024									$	5.3
Second quarter 2024 provision, net of reversals									30.1
Second quarter 2024 cash activity									(2.1)
Reclassified to held for sale(1)									(0.4)
Foreign currency translation									(0.3)
Balance as of June 30, 2024									$	32.6
Third quarter 2024 provision, net of reversals									5.2
Reclassified to held for sale(1)									0.4
Third quarter 2024 cash activity									(8.9)
Foreign currency translation									0.6
Balance as of September 30, 2024									$	29.9

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(1) Reclassification resulting from the Company's classification of the G&P business as held for sale. Refer to Note 3 for additional information.

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- References

No definition available.

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- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References

Reference 1: 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.b.2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2

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

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