Restructuring Charges

12 Months Ended

Dec. 31, 2022

Restructuring and Related Activities [Abstract]

Restructuring Charges

Note 8. Restructuring Charges

The following table presents restructuring charges included in the Consolidated Statements of Operations (in millions):

	Years Ended December 31,
	2022		2021		2020
Severance	$	12.4	$	13.6	$	62.8
Contract terminations and facility exit-related	7.8		29.3		5.2
Total	$	20.2	$	42.9	$	68.0

2022 Restructuring Plan

In 2022, the Company initiated a restructuring plan (the "2022 Restructuring Plan") designed to enable reinvestment in certain key priority areas to align with strategic changes, which resulted in severance costs from workforce reductions and facility exit-related costs. As of December 31, 2022, activities under the Company's 2022 Restructuring Plan are expected to be substantially completed in the first half of 2023.

Prior Restructuring Activities

In 2021, the Company initiated a restructuring plan (the "2021 Restructuring Plan") driven by acquisitions and strategic changes and designed to enable reinvestment in certain key priority areas, which resulted in severance, facility consolidations, contract terminations, and other exit related costs. As of December 31, 2022, activities under the Company's 2021 Restructuring Plan have been substantially completed.

In 2020, the Company initiated a restructuring plan (the "2020 Restructuring Plan") designed to realign its workforce with the Company's sales strategy, enhance productivity and cost efficiencies, and enable reinvestment in certain key priority areas, which resulted in severance costs from involuntary workforce reduction, as well as a voluntary early retirement program, and other exit related costs, including impairment charges.

Restructuring Liabilities

Restructuring liabilities are reported within other accrued liabilities in the Consolidated Balance Sheets. The following table provides a summary of changes in the restructuring liabilities associated with the 2022 Restructuring Plan and 2021 Restructuring Plan (in millions):

	December 31, 2021		Charges		Cash Payments		Other		December 31, 2022
Severance	$	1.4	$	12.4	$	(10.9)	$	0.1	$	3.0
Contract terminations and facility exit-related	10.9		7.8		(13.6)		(2.0)		3.1
Total	$	12.3	$	20.2	$	(24.5)	$	(1.9)	$	6.1