v3.26.1
Restructuring and Acquisition Charges
 6 Months Ended
Jun. 30, 2026
Restructuring Cost and Reserve [Line Items]  
Restructuring and Related Activities Disclosure [Text Block] RESTRUCTURING AND ACQUISITION CHARGES
Restructuring and acquisition charges include cash and non-cash expenses. Cash-based charges primarily consist of (i) severance and employment-related charges, including those related to external service providers, incurred in conjunction with a structural business shift, which can be represented by a notable change in headcount, change in leadership or transformation of business processes, (ii) acquisition, transaction and integration-related charges and (iii) other restructuring charges. Non-cash charges include (i) stock-based compensation expense for retention awards issued in conjunction with prior-period acquisitions and (ii) fair value adjustments to earn-out liabilities relating to prior-period acquisition activity and (iii) asset impairment charges. Restructuring and acquisition charges are presented in the following table.
Three Months Ended June 30,Six Months Ended June 30,
(in millions)2026202520262025
Severance and other employment-related charges$16.6 18.0 $19.5 25.4 
Restructuring, pre-acquisition and post-acquisition charges9.1 10.0 10.8 17.7 
Stock-based compensation expense for post-acquisition retention awards— 0.7 0.2 1.4 
Fair value adjustments to earn-out liabilities— (7.4)0.5 (3.5)
Restructuring and acquisition charges$25.7 21.3 $31.0 41.0 
We expect nearly all cash-based charges related to (i) severance and other employment-related charges and (ii) restructuring, pre-acquisition and post-acquisition charges as of June 30, 2026 will be paid during the next twelve months.