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Long-lived asset impairment and restructuring charges (Tables) | 9 Months Ended
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Sep. 30, 2023
Restructuring and Related Activities [Abstract] |
Schedule of Impairment of Long-Lived Assets Held and Used by Asset | The table below presents the total impairment charge by asset class for the three and nine months ended September 30, 2023:
| Three Months Ended September 30, 2023 |  | Nine Months Ended September 30, 2023
Buildings, building improvements and leasehold improvements | $ | — |  |  | $ | 81.5 |
Furniture and equipment | — |  |  | 117.5 |
Software | — |  |  | 0.3 |
Construction-in-progress | — |  |  | 107.4 |
Total impairment of long-lived assets | $ | — |  |  | $ | 306.7 |
Schedule of Restructuring and Related Costs | The following table presents the total restructuring costs associated with the Company’s segments as well as unallocated corporate and research and development ("R&D") charges for the three and nine months ended September 30, 2023:
| Three Months Ended September 30, 2023 |  | Nine Months Ended September 30, 2023
Products | $ | 5.0 |  |  | $ | 7.0 |
Services | 8.1 |  |  | 8.1 |
Total restructuring costs by segment | 13.1 |  |  | 15.1 |
Corporate | 6.3 |  |  | 11.4 |
R&D | $ | 0.9 |  |  | 3.4 |
Total restructuring costs | $ | 20.3 |  |  | $ | 29.9 |
The following table presents the total restructuring costs, by function, for the three and nine months ended September 30, 2023:
| Three Months Ended September 30, 2023 |  | Nine Months Ended September 30, 2023
Employee transition | $ | 0.3 |  |  | $ | 0.6 |
Severance payments | 17.9 |  |  | 26.6 |
Employee benefits | 2.1 |  |  | 2.7 |
Total restructuring costs | $ | 20.3 |  |  | $ | 29.9 |
Schedule of Restructuring Reserve by Type of Cost | The following table provides the components of and changes in the Company's restructuring accrual for the January 2023 Plan during the three and nine months ended September 30, 2023:
| Employee Transition |  | Severance Payments |  | Employee Benefits |  | Total
Balance at December 31, 2022 | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Accruals | 0.3 |  |  | 8.7 |  |  | 0.7 |  |  | 9.7 |
Cash payments | (0.2) |  |  | (2.0) |  |  | (0.1) |  |  | (2.3) |
Balance at March 31, 2023 | $ | 0.1 |  |  | $ | 6.7 |  |  | $ | 0.6 |  |  | $ | 7.4 |
Accruals | — |  |  | 0.1 |  |  | (0.2) |  |  | (0.1) |
Cash payments | — |  |  | (3.6) |  |  | (0.1) |  |  | (3.7) |
Balance at June 30, 2023 | $ | 0.1 |  |  | $ | 3.2 |  |  | $ | 0.3 |  |  | $ | 3.6 |
Accruals | — |  |  | — |  |  | (0.2) |  |  | (0.2) |
Cash payments | — |  |  | (1.1) |  |  | — |  |  | (1.1) |
Balance at September 30, 2023 | $ | 0.1 |  |  | $ | 2.1 |  |  | $ | 0.1 |  |  | $ | 2.3 |
The following table provides the components of and changes in the Company's restructuring accrual for the August 2023 Plan during the three and nine months ended September 30, 2023:
| Employee Transition |  | Severance Payments |  | Employee Benefits |  | Total
Balance at December 31, 2022 | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Accruals | — |  |  | — |  |  | — |  |  | — |
Cash payments | — |  |  | — |  |  | — |  |  | — |
Balance at March 31, 2023 | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Accruals | — |  |  | — |  |  | — |  |  | — |
Cash payments | — |  |  | — |  |  | — |  |  | — |
Balance at June 30, 2023 | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Accruals | 0.3 |  |  | 17.9 |  |  | 2.3 |  |  | 20.5 |
Cash payments | (0.2) |  |  | (1.7) |  |  | — |  |  | (1.9) |
Balance at September 30, 2023 | $ | 0.1 |  |  | $ | 16.2 |  |  | $ | 2.3 |  |  | $ | 18.6 |

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- Definition Tabular disclosure for impairment of long-lived assets held and used by an entity which includes a description of the impaired long-lived asset and facts and circumstances leading to the impairment, aggregate amount of the impairment loss and where the loss is located in the income statement, method(s) for determining fair value, and the segment in which the impaired long-lived asset is reported. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.CC) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480091/360-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-2 + Details
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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 -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -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 -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 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
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