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Restructuring Costs (Tables)
6 Months Ended
Jun. 30, 2025
Restructuring and Related Activities [Abstract]  
Schedule of Changes in Restructuring Reserve

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, 2024

 

$

5.7

 

 

$

4.4

 

 

$

32.1

 

 

$

2.4

 

 

$

1.9

 

 

$

46.5

 

Severance costs

 

 

 

 

 

5.7

 

 

 

22.8

 

 

 

0.1

 

 

 

 

 

 

28.6

 

Lease costs(c)

 

 

 

 

 

 

 

 

1.6

 

 

 

 

 

 

 

 

 

1.6

 

Non-cash charges

 

 

 

 

 

 

 

 

(1.6

)

 

 

 

 

 

 

 

 

(1.6

)

Costs paid

 

 

(2.1

)

 

 

(3.1

)

 

 

(19.8

)

 

 

(2.1

)

 

 

(1.9

)

 

 

(29.0

)

Balance, June 30, 2025

 

$

3.6

 

 

$

7.0

 

 

$

35.1

 

 

$

0.4

 

 

$

 

 

$

46.1

 

(a)
Balances related to the United States were $4.0 and $1.0 as of December 31, 2024 and June 30, 2025, respectively.
(b)
Balances related to France were $1.2 and $2.4 as of December 31, 2024 and June 30, 2025, respectively. Balances related to Italy were $2.0 and $1.9 as of December 31, 2024 and June 30, 2025, respectively.
(c)
Liabilities related to exited leased facilities are recorded within our short-term and long-term operating lease liabilities within our Consolidated Balance Sheets.