v3.26.3
Restructuring Costs (Tables)
9 Months Ended
Sep. 30, 2026
Restructuring Costs [Abstract]  
Restructuring and Related Costs
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 benefits0.5 — 0.5 
Adjustments to expense0.2 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 benefits26.3 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 EndedNine Months Ended
September 30,September 30,
2026202520262025
Cost of goods sold$24.7 $(0.6)$24.5 $4.1 
Selling, general and administrative expense41.4 2.4 42.2 20.3 
Research and development expense11.1 0.7 9.4 13.7 
Total restructuring expense
$77.2 $2.5 $76.1 $38.1