The following table summarizes the employee termination benefits related activity for the February 2025 Plan and other prior restructuring plans (in millions):
| | | | | | | | | | | | | | | | | | | | | | | Life Science | | Clinical Diagnostics | | Total | | Balances as of December 31, 2025 | | $ | 2.7 | | | $ | 10.4 | | | $ | 13.1 | | | Charged to expense - employee termination benefits | | 0.5 | | | — | | | 0.5 | | | Adjustments to expense | | 0.2 | | | 0.1 | | | 0.3 | | | Cash payments | | (2.7) | | | (7.7) | | | (10.4) | | | Foreign currency adjustments | | (0.1) | | | 0.1 | | | — | | | Balances as of September 30, 2026 | | $ | 0.6 | | | $ | 2.9 | | | $ | 3.5 | |
Restructuring costs incurred under the July 2026 Plan during the three and nine months ended September 30, 2026, which also represent cumulative costs incurred since inception, were as follows (in millions):
| | | | | | | | | | | | | | | | | | | | | | | Life Science | | Clinical Diagnostics | | Total | | Employee termination benefits | | $ | 26.3 | | | $ | 46.4 | | | $ | 72.7 | | Facility exit and other costs (1) | | 2.2 | | | 2.7 | | | 4.9 | | | | $ | 28.5 | | | $ | 49.1 | | | $ | 77.6 | |
(1) Includes a non-cash reduction in carrying value of property, plant and equipment of approximately $2.2 million
The following table summarizes the employee termination benefits related activity of our July 2026 plan restructuring liabilities (in millions): | | | | | | | | | | | | | | | | | | | | | | | Life Science | | Clinical Diagnostics | | Total | | Balances as of December 31, 2025 | | $ | — | | | $ | — | | | $ | — | | | Charged to expense - employee termination benefits | | 26.3 | | | 46.4 | | | 72.7 | | | | | | | | | | Cash payments | | (4.1) | | | (4.5) | | | (8.6) | | | Foreign currency adjustments | | (0.5) | | | (0.8) | | | (1.3) | | | Balances as of September 30, 2026 | | $ | 21.7 | | | $ | 41.1 | | | $ | 62.8 | |
Restructuring-related expense for all plans in aggregate is allocated in the condensed consolidated statements of income (loss) as follows (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | | September 30, | | September 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | Cost of goods sold | | $ | 24.7 | | | $ | (0.6) | | | $ | 24.5 | | | $ | 4.1 | | | Selling, general and administrative expense | | 41.4 | | | 2.4 | | | 42.2 | | | 20.3 | | | Research and development expense | | 11.1 | | | 0.7 | | | 9.4 | | | 13.7 | | Total restructuring expense | | $ | 77.2 | | | $ | 2.5 | | | $ | 76.1 | | | $ | 38.1 | |
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