Restructuring Activities (Tables)

12 Months Ended

Dec. 31, 2024

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Spent and Estimated to Be Incurred

CTO2Grow Program restructuring spend is estimated to be incurred as follows:

(In millions)	Total Restructuring Program			Less Program Activity to Date		Remaining Restructuring
Costs of reduction in headcount as a result of reorganization		$	90	$	(75)		$	15
Other associated costs		45		(26)			19
Contract terminations		20		(15)			5
Total cash expense		$	155	$	(116)		$	39
Capital expenditures		5		(2)			3
Total estimated cash cost(1)		$	160	$	(118)		$	42
Total estimated non-cash expense(2)		$	38	$	(38)		$	—
Total estimated expense(3)		$	193	$	(154)		$	39

(1)Total estimated cash cost excludes the impact of proceeds expected from the sale of property and equipment and foreign currency impact.

(2)Reflects actual expenses that have been incurred. Ranges associated with future non-cash expenses related to the CTO2Grow Program are difficult to estimate and are not available without unreasonable efforts, as these typically relate to exit and disposal activities.

(3)Total estimated expense excludes capital expenditures.

Schedule of Restructuring and Relocation Activities

The following table details our aggregate restructuring activities as reflected in the Consolidated Statements of Operations.

	Year Ended December 31,
(In millions)	2024		2023		2022
Other associated costs	$	30.3	$	34.5	$	9.3
Contract terminations	(0.1)		14.6		—
Restructuring charges	57.8		15.6		12.1
Total charges	$	88.0	$	64.7	$	21.4
Capital expenditures	$	2.3	$	0.4	$	9.7

Schedule of Components of Restructuring Accrual, Spending and Other Activity and Accrual Balance Remaining

The aggregate restructuring accrual, spending and other activity for the years ended December 31, 2024, 2023 and 2022 and the accrual balance remaining at those year-ends were as follows:

(In millions)
Restructuring accrual at December 31, 2021	$	11.3
Accrual and accrual adjustments	12.1
Cash payments during 2022	(8.6)
Effect of changes in foreign currency exchange rates	(0.1)
Restructuring accrual at December 31, 2022	$	14.7
Headcount accrual and accrual adjustments	15.6
Contract termination accrual and adjustments	11.0
Cash payments during 2023	(17.2)
Effect of changes in foreign currency exchange rates	0.2
Restructuring accrual at December 31, 2023	$	24.3
Headcount accrual and accrual adjustments	57.8
Cash payments during 2024	(37.5)
Effect of changes in foreign currency exchange rates	(1.0)
Restructuring accrual at December 31, 2024	$	43.6