v3.26.1
Cost-Reduction Actions
 6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Cost-Reduction Actions Cost-Reduction Actions
The company from time to time initiates cost reduction actions designed to improve operating efficiency, reduce costs and align the company’s workforce and facility structures to its overall business plan.
Cost-reduction charges (credits) and other costs recognized were as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Workforce reductions:
Severance and other employee costs$4.3 $4.1 $8.4 $5.2 
Changes in estimates(0.2)(2.6)(3.6)(4.0)
Total workforce reductions4.1 1.5 4.8 1.2 
Lease abandonment and other costs
2.0 0.1 2.8 0.3 
Asset impairment charges and write-offs (i)
— 3.2 — 3.2 
Total$6.1 $4.8 $7.6 $4.7 
(i) Asset impairment charges and write-offs relate to assets associated with exited operations and facilities.
The charges (credits) were recorded in the following statement of income (loss) classifications:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Cost of revenue$3.1 $5.6 $2.8 $5.1 
Selling, general and administrative2.7 (0.9)4.9 (0.4)
Research and development0.3 0.1 (0.1)— 
Total$6.1 $4.8 $7.6 $4.7 
Liabilities and expected future payments related to the company’s workforce reduction actions are as follows:
Total
Balance at December 31, 2025$24.8 
Provisions8.4 
Payments(15.9)
Changes in estimates(3.6)
Translation adjustments(0.2)
Balance at June 30, 2026$13.5 
Expected future utilization on balance at June 30, 2026:
Short-term$13.5