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Restructuring Activities
9 Months Ended
Sep. 30, 2025
Restructuring and Related Activities [Abstract]  
Restructuring Activities Restructuring Activities
On August 7, 2023, the Board of Directors approved a 3-year cost take-out to grow program (the “CTO2Grow Program”) with total cash cost of up to $160 million. As of September 30, 2025, the CTO2Grow Program has concluded and all approved expenditures under the program budget have been allocated to projects.
The following table details our aggregate restructuring activities, which includes costs associated with the now concluded CTO2Grow Program, as reflected in the Condensed Consolidated Statements of Operations.
Three Months Ended
September 30,
Nine Months Ended
September 30,
(In millions)2025202420252024
Other associated costs$10.6 $9.0 $23.4 $22.2 
Contract terminations0.2 — 3.2 (0.1)
Restructuring charges20.8 6.8 26.2 24.8 
Total charges$31.6 $15.8 $52.8 $46.9 
The aggregate restructuring accrual, spending and other activity for the nine months ended September 30, 2025 and the accrual balance remaining at September 30, 2025 was as follows:
(In millions)
Restructuring accrual at December 31, 2024$43.6 
Headcount accrual and accrual adjustments26.2 
Cash payments during 2025(37.8)
Effect of changes in foreign currency exchange rates2.2 
Restructuring accrual at September 30, 2025
$34.2 
We expect to pay $34.0 million of the accrual balance as of September 30, 2025 within the next twelve months. The remaining accrual of $0.2 million is expected to be paid primarily in 2026. These amounts are included in Accrued restructuring costs and Other non-current liabilities, respectively, on our Condensed Consolidated Balance Sheet at September 30, 2025.
Of the total restructuring accrual of $34.2 million as of September 30, 2025, $22.5 million was attributable to Food and $11.7 million was attributable to Protective.