v3.25.2
Other Charges, Net (Tables)
 6 Months Ended
Jun. 30, 2025
Restructuring and Related Activities [Abstract]  
Schedule of components of other charges, net

The components of other charges, net are as follows (in millions):

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Acquisition-related expenses, net (a)

 

$

2.8

 

 

$

17.5

 

 

$

9.0

 

 

$

21.6

 

Acquisition-related litigation charges

 

 

4.0

 

 

 

1.4

 

 

 

22.6

 

 

 

1.5

 

Restructuring charges

 

 

2.9

 

 

 

1.2

 

 

 

10.5

 

 

 

4.7

 

Information technology transformation costs (b)

 

 

2.8

 

 

 

1.9

 

 

 

5.8

 

 

 

2.7

 

Other

 

 

1.9

 

 

 

1.0

 

 

 

3.4

 

 

 

3.4

 

Other charges, net

 

$

14.4

 

 

$

23.0

 

 

$

51.3

 

 

$

33.9

 
a)
Acquisition-related expenses relate primarily to transaction costs on potential and consummated acquisitions, integration costs of newly acquired entities, and stock-based compensation expense related to the fair value changes of hybrid instruments.
b)
The Information technology (“IT”) transformation costs are related to an IT transformation initiative that is a multi-year project aimed at updating and integrating our global enterprise resource planning and human resource information systems.