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Restructuring Costs
 6 Months Ended
Jun. 30, 2023
Restructuring and Related Activities [Abstract]  
Restructuring Costs

(6) Restructuring Costs

 

We recorded $21.1 in restructuring costs during the six months ended June 30, 2023. We did not record any restructuring costs during the six months ended June 30, 2022. During the six months ended June 30, 2023, we made payments of $12.8 out of our restructuring reserve, which is used for severance and office closures and consolidations in multiple countries and territories. We expect a majority of the remaining $21.5 reserve will be paid by the end of 2023.

 

Changes in the restructuring reserve by reportable segment and Corporate are shown below:

 

 

Americas(a)

 

 

Southern
Europe(b)

 

 

Northern
Europe

 

 

APME

 

 

Corporate

 

 

Total

 

Balance, December 31, 2022

 

$

1.0

 

 

$

1.0

 

 

$

11.0

 

 

$

0.2

 

 

$

—

 

 

$

13.2

 

Severance costs

 

 

1.6

 

 

 

6.4

 

 

 

5.7

 

 

 

2.5

 

 

 

0.4

 

 

 

16.6

 

Other costs

 

 

—

 

 

 

—

 

 

 

4.5

 

 

 

—

 

 

 

—

 

 

 

4.5

 

Costs paid

 

 

(1.6

)

 

 

(0.4

)

 

 

(10.3

)

 

 

(0.1

)

 

 

(0.4

)

 

 

(12.8

)

Balance, June 30, 2023

 

$

1.0

 

 

$

7.0

 

 

$

10.9

 

 

$

2.6

 

 

$

—

 

 

$

21.5

 
(a)
Balances related to the United States were $0.6 and $0.8 as of December 31, 2022 and June 30, 2023, respectively.
(b)
Balances related to France were $0.9 as of both December 31, 2022 and June 30, 2023.