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Restructuring, Impairment and Other Charges (Tables)
12 Months Ended
Dec. 31, 2021
Restructuring And Related Activities [Abstract]  
Schedule of Net Restructuring, Impairment and Other Charges

For the year ended December 31, 2021, we recorded the following net restructuring, impairment and other charges:

 

 

Employee

Terminations

 

 

Other Restructuring Charges

 

 

Impairment and Other

 

 

Multi-Employer Pension Plan Charges

 

 

Total

 

Business Services

$

5.3

 

 

$

7.8

 

 

$

(8.6

)

 

$

2.5

 

 

$

7.0

 

Marketing Solutions

 

0.3

 

 

 

5.9

 

 

 

0.9

 

 

 

0.4

 

 

 

7.5

 

Corporate

 

2.8

 

 

 

8.2

 

 

 

 

 

 

7.8

 

 

 

18.8

 

Total

$

8.4

 

 

$

21.9

 

 

$

(7.7

)

 

$

10.7

 

 

$

33.3

 

For the year ended December 31, 2020, we recorded the following net restructuring, impairment and other charges:

 

 

Employee

Terminations

 

 

Other Restructuring Charges

 

 

Impairment and Other

 

 

Multi-Employer Pension Plan Charges

 

 

Total

 

Business Services

$

18.0

 

 

$

8.7

 

 

$

(7.8

)

 

$

2.5

 

 

$

21.4

 

Marketing Solutions

 

4.6

 

 

 

3.7

 

 

 

1.2

 

 

 

0.4

 

 

 

9.9

 

Corporate

 

10.2

 

 

 

21.4

 

 

 

 

 

 

37.1

 

 

 

68.7

 

Total

$

32.8

 

 

$

33.8

 

 

$

(6.6

)

 

$

40.0

 

 

$

100.0

 

For the year ended December 31, 2019, we recorded the following net restructuring, impairment and other charges:

 

 

Employee

Terminations

 

 

Other Restructuring Charges

 

 

Impairment and Other

 

 

Multi-Employer Pension Plan Charges

 

 

Total

 

Business Services

$

20.1

 

 

$

7.4

 

 

$

(5.0

)

 

$

2.5

 

 

$

25.0

 

Marketing Solutions

 

0.5

 

 

 

0.1

 

 

 

 

 

 

0.4

 

 

 

1.0

 

Corporate

 

1.6

 

 

 

9.1

 

 

 

 

 

 

 

 

 

10.7

 

Total

$

22.2

 

 

$

16.6

 

 

$

(5.0

)

 

$

2.9

 

 

$

36.7

 

Schedule of Changes in the Restructuring Reserve

The restructuring reserve as of December 31, 2021 and 2020, and changes during the year ended December 31, 2021, were as follows:

 

 

December 31, 2020

 

 

Restructuring and Other

Charges

 

 

Foreign

Exchange and

Other

 

 

Cash

Paid

 

 

December 31, 2021

 

Employee terminations

$

6.2

 

 

$

8.4

 

 

$

 

 

$

(9.3

)

 

$

5.3

 

MEPP withdrawal obligations

 

70.2

 

 

 

10.7

 

 

 

 

 

 

(31.9

)

 

 

49.0

 

Other

 

12.2

 

 

 

21.9

 

 

 

(0.4

)

 

 

(18.6

)

 

 

15.1

 

Total

$

88.6

 

 

$

41.0

 

 

$

(0.4

)

 

$

(59.8

)

 

$

69.4

 

 

The restructuring reserve as of December 31, 2020 and 2019, and changes during the year ended December 31, 2020, were as follows:

 

 

December 31, 2019

 

 

Restructuring and Other

Charges

 

 

Foreign

Exchange and

Other

 

 

Cash

Paid

 

 

December 31, 2020

 

Employee terminations

$

3.5

 

 

$

32.8

 

 

$

 

 

$

(30.1

)

 

$

6.2

 

MEPP withdrawal obligations

 

40.5

 

 

 

40.0

 

 

 

 

 

 

(10.3

)

 

 

70.2

 

Other

 

8.5

 

 

 

33.8

 

 

 

1.4

 

 

 

(31.5

)

 

 

12.2

 

Total

$

52.5

 

 

$

106.6

 

 

$

1.4

 

 

$

(71.9

)

 

$

88.6