v3.25.2
Management Actions
 6 Months Ended
Jun. 30, 2025
Restructuring and Related Activities [Abstract]  
Management Actions Management Actions
Restructuring Actions
During the three and six months ended June 30, 2025, we incurred restructuring expenses as part of our ongoing global reorganization efforts. The following pre-tax restructuring charges were included in selling and administrative expense in the consolidated statements of income.
Three Months Ended
June 30,		Six Months Ended
June 30,
2025202420252024
Severance-related costs$(0.3)$0.6 $1.2 $0.6 
Total pre-tax restructuring costs$(0.3)$0.6 $1.2 $0.6 
Our restructuring actions represent the continued execution of a multi-year enterprise strategy to drive increased productivity throughout our operations. The charges in 2025 impacted all operating segments and were related to a global workforce realignment to support our key strategic initiatives.
A reconciliation of the beginning and ending liability balances for severance-related costs is as follows:
Six Months Ended
June 30,
20252024
Beginning balance$8.6 $2.4 
New charges3.1 0.8 
Cash payments(6.0)(1.0)
Foreign currency fluctuations1.0 (0.2)
Adjustments to accrual(1.9)(0.2)
Ending balance$4.8 $1.8