v3.26.1
Restructuring (Tables)
6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Summary of Activity in Restructuring Accounts

The summary of the activity in the restructuring liability for the six months ended June 30, 2026 was as follows:

 

(in millions)

 

Balance at December 31, 2025

 

 

Provision

 

 

Cash Expenditures

 

 

Non-cash Items/Currency Change

 

 

Balance at June 30, 2026

 

Employee termination costs

 

$

23.0

 

 

$

7.4

 

 

$

(9.6

)

 

$

(0.1

)

 

$

20.7

 

Other

 

 

0.3

 

 

 

0.6

 

 

 

(0.7

)

 

 

(0.1

)

 

 

0.1

 

Total restructuring liability(1)

 

$

23.3

 

 

$

8.0

 

 

$

(10.3

)

 

$

(0.2

)

 

$

20.8

 

 

(1)
We expect $18.0 million of the remaining $20.8 million of restructuring costs to be paid in the next twelve months.

 

The summary of the activity in the restructuring liability for the six months ended June 30, 2025 was as follows:

 

(in millions)

 

Balance at December 31, 2024

 

 

Provision

 

 

Cash Expenditures

 

 

Non-cash Items/Currency Change

 

 

Balance at June 30, 2025

 

Employee termination costs

 

$

26.6

 

 

$

9.6

 

 

$

(13.6

)

 

$

0.7

 

 

$

23.3

 

Other

 

 

 

 

 

2.1

 

 

 

(2.1

)

 

 

0.1

 

 

 

0.1

 

Total restructuring liability

 

$

26.6

 

 

$

11.7

 

 

$

(15.7

)

 

$

0.8

 

 

$

23.4