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Restructuring Activities (Tables) | 9 Months Ended
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Sep. 30, 2023
Restructuring and Related Activities [Abstract] |
Schedule of CTO2Grow Restructuring Spend Estimated to be Incurred | CTO2Grow Program restructuring spend is estimated to be incurred as follows:
|  | Total Restructuring Program Range |  | Less Program to Date |  | Remaining Restructuring
(In millions) |  | Low |  | High |  |  |  | Low |  | High
Costs of reduction in headcount as a result of reorganization |  | $ | 90 |  |  | $ | 95 |  |  | $ | (11) |  |  | $ | 79 |  |  | $ | 84 |
Other associated costs |  | 20 |  |  | 25 |  |  | — |  |  | 20 |  |  | 25 |
Contract terminations |  | 25 |  |  | 30 |  |  | (15) |  |  | 10 |  |  | 15 |
Total cash expense |  | 135 |  |  | 150 |  |  | (26) |  |  | 109 |  |  | 124 |
Capital expenditures |  | 5 |  |  | 10 |  |  | — |  |  | 5 |  |  | 10 |
Total estimated cash cost(1) |  | $ | 140 |  |  | $ | 160 |  |  | $ | (26) |  |  | $ | 114 |  |  | $ | 134 |
Total estimated non-cash expense(2) |  | $ | 34 |  |  | $ | 34 |  |  | $ | (34) |  |  | $ | — |  |  | $ | — |
Total estimated expense(3) |  | $ | 169 |  |  | $ | 184 |  |  | $ | (60) |  |  | $ | 109 |  |  | $ | 124 |
(1)Total estimated cash cost excludes the impact of proceeds expected from the sale of property and equipment and foreign currency impact. (2)Reflects actual expenses that have been incurred. Ranges associated with future non-cash expenses related to the CTO2Grow Program are difficult to estimate and are not available without unreasonable efforts, as these typically relate to exit and disposal activities. (3)Total estimated expense excludes capital expenditures.
Restructuring and Relocation Activities | The following table details our aggregate restructuring activities as reflected in the Condensed Consolidated Statements of Operations.
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(In millions) |  | 2023 |  | 2022 |  | 2023 |  | 2022
Other associated costs |  | $ | 34.6 |  |  | $ | 1.6 |  |  | $ | 34.5 |  |  | $ | 8.5 |
Contract terminations |  | 15.3 |  |  | — |  |  | 15.3 |  |  | — |
Restructuring charges |  | 9.8 |  |  | 0.6 |  |  | 9.2 |  |  | 4.6 |
Total charges |  | $ | 59.7 |  |  | $ | 2.2 |  |  | $ | 59.0 |  |  | $ | 13.1 |
Capital expenditures |  | $ | — |  |  | $ | 3.3 |  |  | $ | — |  |  | $ | 9.1 |
Components of Restructuring Accrual, Spending and Other Activity and Accrual Balance Remaining | The aggregate restructuring accrual, spending and other activity for the nine months ended September 30, 2023 and the accrual balance remaining at September 30, 2023 was as follows:
(In millions) |
Restructuring accrual at December 31, 2022 | $ | 14.7 |
Headcount accrual and accrual adjustments | 9.2 |
Contract termination accrual and adjustments | 11.2 |
Cash payments during 2023 | (12.5) |
Effect of changes in foreign currency exchange rates | (0.2) |
Restructuring accrual at September 30, 2023(1) | $ | 22.4 |
(1)Excludes $4.0 million of remaining lease obligations on terminated contracts included in Current portion of operating lease liabilities and Long-term operating lease liabilities, less current portion on our Condensed Consolidated Balance Sheets.

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- Definition Tabular disclosure of the quantified effects on future earnings and cash flows resulting from the exit plan (for example, reduced depreciation, reduced employee expense, etc.) along with the initial period in which those effects are expected to be realized. May include whether the cost savings are expected to be offset by anticipated increases in other expenses or reduced revenues. Also identifies the income statement line items to be impacted (for example, cost of sales; marketing; selling, general and administrative expenses; etc.). + 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) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
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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. + 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
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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 -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
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