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Restructuring Costs (Tables)
12 Months Ended
Dec. 31, 2023
Summary of Company's Net Pretax Restructuring Charges

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

 

 

Year Ended December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

CCS

 

$

14.0

 

 

$

17.1

 

 

$

62.0

 

OWN

 

 

6.6

 

 

 

22.4

 

 

 

3.6

 

NICS

 

 

12.4

 

 

 

9.9

 

 

 

8.5

 

ANS

 

 

(6.0

)

 

 

12.2

 

 

 

9.2

 

Corporate and other

 

 

2.7

 

 

 

1.4

 

 

 

1.8

 

Total

 

$

29.7

 

 

$

63.0

 

 

$

85.1

 

Restructuring Reserves Included in Company's Consolidated Balance Sheets

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

 

 

December 31,

 

 

 

2023

 

 

2022

 

Accrued and other liabilities

 

$

11.7

 

 

$

58.9

 

Other noncurrent liabilities

 

 

0.1

 

 

 

0.5

 

Total restructuring liabilities

 

$

11.8

 

 

$

59.4

 

Activity within Liability Established for Restructuring Actions, Included in Other Accrued Liabilities The activity within the liability established for CommScope NEXT restructuring actions was as follows:

Employee-Related Costs

 

Other

 

Total

 

Balance at December 31, 2021

$

60.3

 

 

$

 

$

60.3

 

Additional expense, net

 

 

50.8

 

 

 

8.6

 

 

 

59.4

 

Cash paid

 

(48.7

)

 

 

(0.5

)

 

 

(49.2

)

Foreign exchange and other non-cash items

 

 

(3.7

)

 

 

(8.1

)

 

 

(11.8

)

Balance at December 31, 2022

 

58.7

 

 

 

 

58.7

 

Additional expense (income), net

 

 

63.6

 

 

 

(33.9

)

 

 

29.7

 

Cash received (paid)

 

(110.8

)

 

 

67.6

 

 

(43.2

)

Foreign exchange and other non-cash items

 

 

0.2

 

 

 

(33.7

)

 

 

(33.5

)

Balance at December 31, 2023

$

11.7

 

$

 

$

11.7