Restructuring (Tables)

9 Months Ended

Sep. 30, 2022

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs

The following table summarizes the impact of the Company’s restructuring and transformation charges on the consolidated statements of operations:

	Three months ended				Nine months ended
	September 30				September 30
	2022		2021		2022		2021
Cost of sales – services	$	3.0	$	—	$	7.4	$	10.1
Cost of sales – products	1.3		—		10.0		1.6
Selling and administrative expense	13.9		—		71.7		11.7
Research, development and engineering expense	2.5		—		9.8		(0.3)
Total	$	20.7	$	—	$	98.9	$	23.1

Restructuring accrual balances and related activity

The following table summarizes the Company’s severance accrual balance and related activity:

	2022		2021
Beginning balance as of January 1	$	35.3	$	62.9
Severance Accruals	54.9		10.3
Payouts/Settlements	(35.6)		(29.5)
Other	(0.3)		(4.9)
Ending balance as of September 30	$	54.3	$	38.8