Impairment and restructuring charges by segment are comprised of the following: For the three months ended June 30, 2026: | | | | | | | | | | | | | | | | Engineered Bearings | Industrial Motion | Unallocated Corporate | Total | | Impairment charges | $ | — | | $ | 79.0 | | $ | — | | $ | 79.0 | | | Severance and related benefit costs | 5.4 | | 3.0 | | — | | 8.4 | | | Exit costs | 0.4 | | 0.1 | | — | | 0.5 | | | Total | $ | 5.8 | | $ | 82.1 | | $ | — | | $ | 87.9 | |
For the six months ended June 30, 2026: | | | | | | | | | | | | | | | | Engineered Bearings | Industrial Motion | Unallocated Corporate | Total | | Impairment charges | $ | — | | $ | 79.0 | | $ | — | | $ | 79.0 | | | Severance and related benefit costs | 7.9 | | 3.5 | | 0.5 | | 11.9 | | | Exit costs | 0.3 | | 0.3 | | — | | 0.6 | | | Total | $ | 8.2 | | $ | 82.8 | | $ | 0.5 | | $ | 91.5 | |
For the three months ended June 30, 2025: | | | | | | | | | | | | | | | | Engineered Bearings | Industrial Motion | Unallocated Corporate | Total | | | | | | | Severance and related benefit costs | $ | 0.9 | | $ | 1.8 | | $ | — | | $ | 2.7 | | | Exit costs | — | | 0.2 | | — | | 0.2 | | | Total | $ | 0.9 | | $ | 2.0 | | $ | — | | $ | 2.9 | |
For the six months ended June 30, 2025: | | | | | | | | | | | | | | | | Engineered Bearings | Industrial Motion | Unallocated Corporate | Total | | | | | | | Severance and related benefit costs | $ | 1.5 | | $ | 2.5 | | $ | 9.4 | | $ | 13.4 | | | Exit costs | — | | 0.4 | | — | | 0.4 | | | Total | $ | 1.5 | | $ | 2.9 | | $ | 9.4 | | $ | 13.8 | |
The following is a rollforward of the consolidated restructuring accrual for the six months ended June 30, 2026 and twelve months ended December 31, 2025: | | | | | | | | | | | | | | June 30,
2026 | | December 31,
2025 | | | Beginning balance, January 1 | $ | 13.1 | | | $ | 3.7 | | | | Expense | 12.5 | | | 25.2 | | | | Payments | (10.3) | | | (15.8) | | | | Ending balance | $ | 15.3 | | | $ | 13.1 | | |
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