v3.25.4

Restructuring and Other Related Charges (Tables)

12 Months Ended

Dec. 31, 2025

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Other Related Charges

Restructuring and other related charges for the years ended December 31 were as follows:

($ in millions)			2025						2024						2023
Employee severance related			$	8.8					$	9.6					$	19.0
Facility exit and other related			1.6						3.9						6.2
Total restructuring and other related charges			$	10.4					$	13.5					$	25.2

These charges are reflected in the following captions in the accompanying Consolidated Statements of Earnings and Comprehensive Income for the years ended December 31:

($ in millions)			2025						2024						2023
Cost of sales			$	1.8					$	1.8					$	10.2
Selling, general and administrative expenses			8.6						11.7						15.0
Total			$	10.4					$	13.5					$	25.2

Restructuring and other related charges by reportable segment for the years ended December 31 were as follows:

($ in millions)			2025						2024						2023
Mobility Technologies			$	4.1					$	5.8					$	3.7
Repair Solutions			1.7						0.4						0.5
Environmental & Fueling Solutions			2.6						5.3						19.9
Corporate			2.0						2.0						1.1
Total			$	10.4					$	13.5					$	25.2

Schedule of Accrual Balance and Utilization by Type of Restructuring Cost

The table below summarizes the accrual balance and utilization by type of restructuring cost associated with our restructuring actions: 

($ in millions)			Balance as of December 31, 2023						Costs Incurred						Paid / Settled						Balance as of December 31, 2024						Costs Incurred						Paid / Settled						Balance as of December 31, 2025
Employee severance and related			$	2.8					$	9.6					$	(9.1)					$	3.3					$	8.8					$	(11.0)					$	1.1
Facility exit and other related			1.2						3.9						(4.9)						0.2						1.6						(1.8)						—
Total			$	4.0					$	13.5					$	(14.0)					$	3.5					$	10.4					$	(12.8)					$	1.1

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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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- 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.

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