XML 28 R20.htm IDEA: XBRL DOCUMENT
v3.25.1

Restructuring | 3 Months Ended
--- | ---
Mar. 31, 2025
Restructuring and Related Activities [Abstract] |
Restructuring | 10. Restructuring The Company recorded $2.3 million of net restructuring expense for the three months ended March 31, 2025, which were primarily for severance and other costs associated with our continuing footprint rationalization and cost reduction programs in both the Americas and International segments. The Company recorded a $0.3 million reduction in the restructuring provision for the three months ended March 31, 2024, which were primarily for severance related to cost reduction initiatives in the International segment. The summary of the activity in the restructuring liability for the three months ended March 31, 2025 was as follows:
(in millions) |  | Balance at December 31, 2024 |  |  | Provision |  |  | Cash Expenditures |  | Non-cash Items/Currency Change |  |  | Balance at March 31, 2025 |
Employee termination costs(1) |  | $ | 26.6 |  |  | $ | 0.5 |  |  | $ | (7.8 | ) | $ | 0.2 |  |  | $ | 19.5 |
Other |  |  | — |  |  |  | 1.8 |  |  |  | (1.8 | ) |  | — |  |  |  | — |
Total restructuring liability |  | $ | 26.6 |  |  | $ | 2.3 |  |  | $ | (9.6 | ) | $ | 0.2 |  |  | $ | 19.5 |
(1) We expect the remaining $19.5 million of employee termination costs to be substantially paid in the next nine months. The summary of the activity in the restructuring liability for the three months ended March 31, 2024 was as follows:
(in millions) |  | Balance at December 31, 2023 |  |  | Provision |  |  | Cash Expenditures |  |  | Non-cash Items/Currency Change |  |  | Balance at March 31, 2024 |
Employee termination costs |  | $ | 27.5 |  |  | $ | (0.3 | ) |  | $ | (4.7 | ) |  | $ | (0.2 | ) |  | $ | 22.3 |
Other |  |  | 0.9 |  |  |  | — |  |  |  | (0.1 | ) |  |  | — |  |  |  | 0.8 |
Total restructuring liability |  | $ | 28.4 |  |  | $ | (0.3 | ) |  | $ | (4.8 | ) |  | $ | (0.2 | ) |  | $ | 23.1 |

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 The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/420/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration