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Restructuring (Tables)

6 Months Ended

Jun. 30, 2024

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Reserve by Type of Cost

The total expected restructuring costs, the restructuring costs recognized, and the remaining expected restructuring costs related to the 2023 Projects were as follows:

In thousands			Total Expected Costs at June 30, 2024						Costs Recognized in Prior Periods						Adjustments Recognized During the Six Months Ended June 30, 2024						Expected Remaining Costs to be Recognized at June 30, 2024
Employee severance costs			$	42,167					$	43,347					$	(1,180)					$	—
Asset impairments & net loss (gain) on sale or disposal			1,169						1,130						39						—
Other restructuring costs			7,543						4,051						1,792						1,700
Total			$	50,879					$	48,528					$	651					$	1,700

The total expected restructuring costs, the restructuring costs recognized, and the remaining expected restructuring costs related to the 2021 Projects were as follows:

In thousands			Total Expected Costs at June 30, 2024						Costs Recognized in Prior Periods						Adjustments Recognized During the Six Months Ended June 30, 2024						Expected Remaining Costs to be Recognized at June 30, 2024
Employee severance costs			$	34,947					$	34,821					$	126					$	—
Asset impairments & net loss (gain) on sale or disposal			8,169						8,379						(210)						—
Other restructuring costs			4,861						3,729						(468)						1,600
Total			$	47,977					$	46,929					$	(552)					$	1,600

Restructuring and Related Costs

The following table summarizes the activity within the restructuring related balance sheet accounts for the 2023 Projects and the 2021 Projects during the six months ended June 30, 2024:

In thousands			Accrued Employee Severance						Asset Impairments & Net Loss (Gain) on Sale or Disposal						Other Accrued Costs						Total
Beginning balance, January 1, 2024			$	68,698					$	—					$	3,678					$	72,376
Costs charged to expense			(1,054)						(171)						1,324						99
Cash payments			(10,987)						(13)						(2,482)						(13,482)
Net assets disposed and impaired			—						184						—						184
Effect of change in exchange rates			(1,917)						—						460						(1,457)
Ending balance, June 30, 2024			$	54,740					$	—					$	2,980					$	57,720

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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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-Name Accounting Standards Codification
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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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-Name Accounting Standards Codification
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