XML 46 R35.htm IDEA: XBRL DOCUMENT v3.24.3

Restructuring (Tables)

9 Months Ended

Sep. 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 September 30, 2024						Costs Recognized in Prior Periods						Adjustments Recognized During the Nine Months Ended September 30, 2024						Expected Remaining Costs to be Recognized at September 30, 2024
Employee severance costs			$	41,539					$	43,347					$	(1,808)					$	—
Asset impairments & net loss (gain) on sale or disposal			1,169						1,130						39						—
Other restructuring costs			7,546						4,051						2,020						1,475
Total			$	50,254					$	48,528					$	251					$	1,475

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 September 30, 2024						Costs Recognized in Prior Periods						Adjustments Recognized During the Nine Months Ended September 30, 2024						Expected Remaining Costs to be Recognized at September 30, 2024
Employee severance costs			$	34,367					$	34,821					$	(454)					$	—
Asset impairments & net loss (gain) on sale or disposal			8,169						8,379						(210)						—
Other restructuring costs			4,868						3,729						(211)						1,350
Total			$	47,404					$	46,929					$	(875)					$	1,350

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 nine months ended September 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			(2,262)						(171)						1,809						(624)
Cash payments			(17,135)						(13)						(2,993)						(20,141)
Net assets disposed and impaired			—						184						—						184
Effect of change in exchange rates			267						—						486						753
Ending balance, September 30, 2024			$	49,568					$	—					$	2,980					$	52,548

X

- References

No definition available.

+ Details

Name:	us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 5.P.3)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479823/420-10-S99-1

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

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 5.P.4)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2

+ Details

Name:	us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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
-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

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-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

+ Details

Name:	us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration