v3.26.1
Other Expense (Income) (Tables)
6 Months Ended
Jun. 30, 2026
Other Income and Expenses [Abstract]  
Schedule of Other Expense (Income)
Other expense (income) consists of:
Three Months Ended
June 30,
Six Months Ended
June 30,
($ in millions)2026202520262025
Restructuring and related charges$2.3 $0.2 $4.1 $16.6 
Contingent consideration3.2 2.2 6.2 4.6 
Asset impairments3.9 0.8 4.2 1.1 
Foreign exchange transaction losses1.9 1.7 3.0 2.9 
(Gain) loss on oil hedges1.0 0.2 (0.9)0.4 
Other items0.5 0.1 0.2 0.2 
Total other expense (income)$12.8 $5.2 $16.8 $25.8 
Schedule of Restructuring Reserve The following table presents activity related to our restructuring obligations related to our January 2025 restructuring plan:
($ in millions)Severance
and benefits
Asset-related chargesTotal
Balance, December 31, 2025$6.9 $— $6.9 
Charges (Credits)— 1.9 1.9 
Cash payments(0.2)— (0.2)
Non-cash asset write downs— (1.9)(1.9)
Balance, June 30, 2026$6.7 $— $6.7 
The following table presents activity related to our restructuring obligations related to our December 2025 restructuring plan:
($ in millions)Severance
and benefits
Total
Balance, December 31, 2025$4.2 $4.2 
Charges (Credits)2.2 2.2 
Balance, June 30, 2026$6.4 $6.4 
Schedule of Asset Impairment Charges During the periods ended June 30, asset impairments consisted of:
Three Months Ended
June 30,
Six Months Ended
June 30,
($ in millions)2026202520262025
Cost-method investment impairment charges$3.5 $— $3.5 $— 
Fixed asset impairment expense0.4 0.8 0.7 1.1 
Total asset impairments$3.9 $0.8 $4.2 $1.1