v3.26.3
Restructuring Costs (Tables)
9 Months Ended
Sep. 30, 2026
Restructuring and Related Activities [Abstract]  
Summary of Company's Net Pretax Restructuring Costs (Credits), Net

The Company’s net pretax restructuring activity included in restructuring costs, net on the Condensed Consolidated Statements of Operations, was as follows:

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Aurora

 

 

2.1

 

 

 

0.5

 

 

 

14.1

 

 

 

9.4

 

Corporate and other (1)

 

 

—

 

 

 

1.1

 

 

 

3.1

 

 

 

3.7

 

Total

 

$

2.1

 

 

$

1.6

 

 

$

17.2

 

 

$

13.1

 

 

(1)
Reflects general corporate restructuring costs that were previously allocated to the divested businesses. Beginning in the first quarter of 2025, costs previously allocated to the OWN segment and DAS business unit were reallocated to the Company’s remaining segments and partially offset by income under the Amphenol TSA. Costs previously allocated to the CCS segment were reallocated to the Company’s remaining segments and partially offset by income under the Amphenol TSA beginning in the first quarter of 2026. Beginning in the third quarter of 2026, costs previously allocated to the RUCKUS segment were reallocated to the Company’s remaining segment and partially offset by income under the Belden TSA.
Restructuring Liabilities Included in Company's Condensed Consolidated Balance Sheets

Restructuring liabilities were included in the Company’s Condensed Consolidated Balance Sheets as follows:

 

 

September 30,
2026

 

 

December 31,
 2025

 

Accrued and other liabilities

 

$

4.4

 

 

$

2.3

 

Other noncurrent liabilities

 

 

—

 

 

 

—

 

Total restructuring liabilities

 

$

4.4

 

 

$

2.3

 

Activity within Liability Established for Restructuring Actions, Included in Other Accrued Liabilities

Employee-Related Costs

 

Other

 

Total

 

Balance at June 30, 2026

$

7.5

 

 

$

—

 

 

$

7.5

 

Additional expense, net

 

 

2.1

 

 

 

—

 

 

 

2.1

 

Cash paid

 

(5.2

)

 

 

—

 

 

 

(5.2

)

Balance at September 30, 2026

$

4.4

 

$

—

 

$

4.4

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2025

$

2.3

 

 

$

—

 

 

$

2.3

 

Additional expense, net

 

 

16.7

 

 

 

0.5

 

 

 

17.2

 

Cash paid

 

(14.6

)

 

 

(0.5

)

 

 

(15.1

)

Balance at September 30, 2026

$

4.4

 

$

—

 

$

4.4