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Restructuring
12 Months Ended
Dec. 31, 2023
Restructuring and Related Activities [Abstract]  
Restructuring

Note 12 — Restructuring

We recognized restructuring charges of $0.8 million for the year ended December 31, 2023 related to severance and asset impairments. Anticipated future cash payments as of December 31, 2023 were $1.2 million.

We recognized restructuring charges of $7.6 million and $18.8 million for the years ended December 31, 2022 and December 31, 2021, respectively, primarily related to severance and asset impairments. Restructuring charges are recorded in Other Operating Expense on the Consolidated Statements of Operations.

 

December 31,

 

 

Restructuring

 

 

 

 

 

Cash

 

 

 

 

 

December 31,

 

(In Millions)

2022

 

 

Charge

 

 

FX Impact

 

 

Paid

 

 

Non-Cash

 

 

2023

 

Employee termination

$

5.4

 

 

$

0.5

 

 

$

 

 

$

(4.7

)

 

$

 

 

$

1.2

 

Impairment and other

 

 

 

 

0.3

 

 

 

 

 

 

 

 

 

(0.3

)

 

$

 

Total

$

5.4

 

 

$

0.8

 

 

$

 

 

$

(4.7

)

 

$

(0.3

)

 

$

1.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

Restructuring

 

 

 

 

 

Cash

 

 

 

 

 

December 31,

 

(In Millions)

2021

 

 

Charge

 

 

FX Impact

 

 

Paid

 

 

Non-Cash

 

 

2022

 

Employee termination

$

9.0

 

 

$

3.1

 

 

$

(0.3

)

 

$

(6.4

)

 

$

 

 

$

5.4

 

Impairment and other

 

 

 

 

4.5

 

 

 

 

 

 

(2.2

)

 

 

(2.3

)

 

 

 

Total

$

9.0

 

 

$

7.6

 

 

$

(0.3

)

 

$

(8.6

)

 

$

(2.3

)

 

$

5.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

Restructuring

 

 

 

 

 

Cash

 

 

 

 

 

December 31,

 

(In Millions)

2020

 

 

Charge

 

 

FX Impact

 

 

Paid

 

 

Non-Cash

 

 

2021

 

Employee termination

$

14.2

 

 

$

11.8

 

 

$

(1.0

)

 

$

(16.0

)

 

$

 

 

$

9.0

 

Impairment and other

 

 

 

 

7.0

 

 

 

 

 

 

(4.3

)

 

 

(2.7

)

 

 

 

Total

$

14.2

 

 

$

18.8

 

 

$

(1.0

)

 

$

(20.3

)

 

$

(2.7

)

 

$

9.0