Restructuring (Tables)

3 Months Ended

Mar. 31, 2023

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
	March 31,
	2023		2022
Cost of sales – services	$	0.6	$	—
Cost of sales – products	0.3		—
Selling and administrative expense	13.0		—
Research, development and engineering expense	0.6		—
Loss on sale of assets, net	0.5		—
Total	$	15.0	$	—

Restructuring accrual balances and related activity

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

	2023		2022
Beginning balance as of January 1	$	44.2	$	35.3
Severance accruals	4.8		—
Liabilities acquired	—		—
Payouts/Settlements	(28.2)		(11.6)
Other	0.3		(0.3)
Ending balance as of March 31	$	21.1	$	23.4