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Restructuring and Other Impairment Activities (Tables)

6 Months Ended

Jun. 30, 2025

Restructuring and Related Activities [Abstract]

Schedule of Total Restructuring, Restructuring Related, and Impairment Expense and Changes in Restructuring Liabilities

The following table summarizes total restructuring and other impairment expense (in millions):

			Three Months Ended June 30,												Six Months Ended June 30,
			2025						2024						2025						2024
Filtration and Advanced Materials(1)
Severance and termination benefits			$	1.8					$	0.7					$	2.1					$	3.5
Other exit costs			0.4						0.5						0.8						1.0
FAM restructuring expense			2.2						1.2						2.9						4.5
Sustainable and Adhesive Solutions(2)
Severance and termination benefits			0.2						2.1						0.4						10.1
Other exit costs			—						0.9						0.1						1.0
SAS restructuring expense			0.2						3.0						0.5						11.1
Unallocated
Severance and termination benefits			1.4						0.3						1.4						3.1
Other exit costs			—						0.1						—						0.3
Unallocated restructuring expense			1.4						0.4						1.4						3.4
Total restructuring expense			3.8						4.6						4.8						19.0
Filtration and Advanced Materials
Other impairment expense			—						—						5.3						—
Sustainable and Adhesive Solutions
Other impairment expense			—						7.2						—						7.2
Total restructuring and other impairment expense			$	3.8					$	11.8					$	10.1					$	26.2

(1)Includes costs associated with facility closures announced in prior years of $0.3 million and $0.8 million for the three months ended June 30, 2025 and 2024, respectively and $0.7 million and $1.6 million for the six months ended June 30, 2025 and 2024, respectively. Through June 30, 2025, the Company has recognized accumulated restructuring and impairment charges of $11.0 million related to an ongoing facility closure. During the remainder of 2025, the Company expects to record additional restructuring costs in the FAM segment, not expected to exceed $1.0 million related to the closure of this facility.

(2)Includes costs associated with facility closures announced in prior years of $0.8 million and $1.7 million for the three and six months ended June 30, 2024, respectively, related to facilities closed in prior years.

The following table summarizes changes in restructuring liabilities (in millions):

			2025						2024
Balance at beginning of the period			$	2.2					$	3.8
Charges for restructuring programs			4.8						19.0
Cash payments and other			(3.1)						(18.0)
Balance at end of the period			$	3.9					$	4.8

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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
-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

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