XML 41 R28.htm IDEA: XBRL DOCUMENT
v3.26.1

Restructuring (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2026
Restructuring and Related Activities [Abstract] |
Restructuring and Related Costs | The following table summarizes the pre-tax charges by activity and program during the periods indicated:
| Three Months Ended March 31,
| 2026 |  | 2025
Severance and related benefit costs |  |  |
Value Creation Plan | $11.9 |  | $24.0
Segment Optimization | – |  | 0.4
Total Severance and related benefit costs | 11.9 |  | 24.4
Exit and disposal costs |  |  |
Value Creation Plan | 0.1 |  | 0.3
Total Exit and disposal costs | 0.1 |  | 0.3
Restructuring costs | $12.0 |  | $24.7
The following table summarizes the pre-tax charges by program and segment during the periods indicated:
| Three Months Ended March 31,
| 2026 |  | 2025
Academia & Government |  |  |
Value Creation Plan | $4.8 |  | $12.3
Total A&G | 4.8 |  | 12.3
Intellectual Property |  |  |
Value Creation Plan | 4.1 |  | 6.2
Segment Optimization | — |  | 0.3
Total IP | 4.1 |  | 6.5
Life Sciences & Healthcare |  |  |
Value Creation Plan | 3.1 |  | 5.8
Segment Optimization | — |  | 0.1
Total LS&H | 3.1 |  | 5.9
Restructuring costs | $12.0 |  | $24.7
The table below summarizes the changes in our restructuring reserves by activity during the periods indicated:
| Severance and related benefit costs |  | Exit and disposal costs |  | Total
Reserve balance as of December 31, 2024 | $2.3 |  | $– |  | $2.3
Expenses recorded | 24.4 |  | 0.3 |  | 24.7
Payments made | (15.3) |  | (0.1) |  | (15.4)
Noncash items | (2.0) |  | (0.2) |  | (2.2)
Reserve balance as of March 31, 2025 | $9.4 |  | $– |  | $9.4
Reserve balance as of December 31, 2025 | $6.5 |  | $– |  | $6.5
Expenses recorded | 11.9 |  | 0.1 |  | 12.0
Payments made | (13.0) |  | (0.1) |  | (13.1)
Noncash items | (0.1) |  | – |  | (0.1)
Reserve balance as of March 31, 2026 | $5.3 |  | $– |  | $5.3

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 -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -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 -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 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 + Details
Name: | us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration