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Cost-Reduction Actions
6 Months Ended
Jun. 30, 2021
Restructuring and Related Activities [Abstract]  
Cost-Reduction Actions Cost-Reduction Actions
During the three months ended June 30, 2021, the company recognized cost-reduction charges and other costs of $5.1 million. The charges (credits) related to work-force reductions were $(0.3) million, principally related to severance costs, and were comprised of: (a) a charge of $2.9 million and (b) a credit of $(3.2) million for changes in estimates. In addition, the company recorded charges of $5.4 million comprised of $(0.7) million for net foreign currency gains related to exiting foreign countries, $4.4 million for asset impairments and $1.7 million of other expenses related to the cost-reduction effort.
During the three months ended June 30, 2020, the company recognized cost-reduction charges and other costs of $7.9 million. The charges (credits) related to work-force reductions were $(3.0) million, principally related to severance costs, and were comprised of: (a) a charge of $1.6 million and (b) a credit of $(4.6) million for changes in estimates. In addition, the company recorded a credit of $(0.6) million for net foreign currency gains related to exiting foreign countries and a charge of $11.5 million for asset impairments.
During the six months ended June 30, 2021, the company recognized cost-reduction charges and other costs of $13.6 million. The charges (credits) related to work-force reductions were $(1.9) million, principally related to severance costs, and were comprised of: (a) a charge of $5.8 million and (b) a credit of $(7.7) million for changes in estimates. In addition, the company recorded charges of $15.5 million comprised of $1.6 million for net foreign currency losses related to exiting foreign countries, $6.8 million for asset impairments and $7.1 million of other expenses related to the cost-reduction effort.
During the six months ended June 30, 2020, the company recognized cost-reduction charges and other costs of $35.4 million. The charges related to work-force reductions were $5.5 million, principally related to severance costs, and were comprised of: (a) a charge of $11.3 million and (b) a credit of $(5.8) million for changes in estimates. In addition, the company recorded charges of $18.4 million for net foreign currency losses related to exiting foreign countries and $11.5 million for asset impairments.
The charges (credits) were recorded in the following statement of income classifications:
Three Months Ended June 30,Six Months Ended June 30,
2021202020212020
Cost of revenue - services$2.8 $6.9 $1.1 $12.8 
Selling, general and administrative2.6 1.5 8.8 4.0 
Research and development0.4 0.1 2.1 0.2 
Other (expense), net(0.7)(0.6)1.6 18.4 
Total$5.1 $7.9 $13.6 $35.4 
Liabilities and expected future payments related to the company’s work-force reduction actions are as follows:
TotalU.S.International
Balance at December 31, 2020$55.9 $13.1 $42.8 
Additional provisions5.8 3.7 2.1 
Payments(22.1)(9.4)(12.7)
Changes in estimates(7.7)(0.4)(7.3)
Translation adjustments(0.9)— (0.9)
Balance at June 30, 2021$31.0 $7.0 $24.0 
Expected future utilization on balance at June 30, 2021:
Short-term$26.3 $7.0 $19.3 
Long-term$4.7 $— $4.7