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Restructuring (Tables)

6 Months Ended

Jun. 30, 2025

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Charges

We recorded restructuring charges which are reflected in the Condensed Consolidated Statements of Operations, as follows:

			Three Months Ended												Six Months Ended
(in millions)			2025						2024						2025						2024
Crane Payment Innovations			$	1.2					$	—					1.2						2.7
Security and Authentication Technologies			6.1						—						6.1						—
Total restructuring charges			$	7.3					$	—					$	7.3					$	2.7

The following table summarizes the accrual balances related to these restructuring charges by program:

(in millions)						2025 Restructuring						2024 Restructuring						2022 Restructuring									Total
Severance:
Balance as of December 31, 2024 (a)						$	—					$	7.2					$	0.2								$	7.4
Expense (b)						5.7						—						—									$	5.7
Utilization						(0.8)						(6.0)						(0.2)									(7.0)
Balance as of June 30, 2025 (a)						$	4.9					$	1.2					$	—								$	6.1

(a)			Included within “Accrued Liabilities” in the Unaudited Condensed Consolidated Balance Sheets.
(b)			Included within “Restructuring charges” in the Unaudited Condensed Consolidated Statements of Operations.

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- References

No definition available.

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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
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 5.P.3)
-Publisher FASB
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-Publisher FASB
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Reference 3: 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

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