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Cost-Reduction Actions | 3 Months Ended
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Mar. 31, 2023
Restructuring and Related Activities [Abstract] |
Cost-Reduction Actions | Cost-Reduction Actions During the three months ended March 31, 2023, the company recognized net charges related to workforce reductions of $0.7 million, principally related to severance costs. These net charges were comprised of: (a) a charge of $2.6 million and (b) a credit of $1.9 million for changes in estimates. In addition, the company recorded a credit of $3.5 million for net foreign currency gains related to exiting foreign countries. During the three months ended March 31, 2022, the company recognized net cost-reduction charges and other costs of $3.0 million. The credit related to workforce reductions was $0.6 million for changes in estimates. In addition, the company recorded net charges of $3.6 million comprised of a charge of $1.1 million for net foreign currency losses related to exiting foreign countries, a charge of $3.8 million for asset impairments and a credit of $1.3 million for changes in estimates related to other cost-reduction efforts. The charges (credits) were recorded in the following statement of income (loss) classifications:
|  |  |  | Three Months Ended March 31,
|  |  |  |  |  | 2023 |  | 2022
Cost of revenue |  |  |  |  |  | $ | 0.6 |  |  | $ | 2.7 |
Selling, general and administrative |  |  |  |  |  | — |  |  | (0.7) |
Research and development |  |  |  |  |  | 0.1 |  |  | (0.1) |
Other (expense), net |  |  |  |  |  | (3.5) |  |  | 1.1 |
Total |  |  |  |  |  | $ | (2.8) |  |  | $ | 3.0 |
Liabilities and expected future payments related to the company’s work-force reduction actions are as follows:
|  | Total |  | U.S. |  | International
Balance at December 31, 2022 |  | $ | 11.7 |  |  | $ | 4.2 |  |  | $ | 7.5 |
Additional provisions |  | 2.6 |  |  | 0.8 |  |  | 1.8 |
Payments |  | (2.8) |  |  | (1.4) |  |  | (1.4) |
Changes in estimates |  | (1.9) |  |  | (0.7) |  |  | (1.2) |
Translation adjustments |  | 0.1 |  |  | — |  |  | 0.1 |
Balance at March 31, 2023 |  | $ | 9.7 |  |  | $ | 2.9 |  |  | $ | 6.8 |
Expected future utilization on balance at March 31, 2023: |  |  |  |  |  |
Short-term |  | $ | 9.7 |  |  | $ | 2.9 |  |  | $ | 6.8 |

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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI https://asc.fasb.org/topic&trid=2175745 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
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