Other Charges, Net (Tables)

6 Months Ended

Jun. 30, 2024

Restructuring and Related Activities [Abstract]

Schedule of components of other charges, net

The components of other charges, net were as follows (in millions):

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Information technology transformation costs	$	1.9	$	0.6	$	2.7	$	1.1
Restructuring charges		1.2		0.3		4.7		0.6
Acquisition-related expenses, net		17.5		2.9		21.6		5.8
Other		2.4		1.6		4.9		3.2
Other charges, net	$	23.0	$	5.4	$	33.9	$	10.7

Summary of restructuring charges

The following table sets forth the restructuring charges (in millions):

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Cost of revenues	$	4.9	$	0.1	$	8.6	$	0.3
Other charges, net	$	1.2		0.3		4.7		0.6
Total	$	6.1	$	0.4	$	13.3	$	0.9

Schedule of changes in restructuring reserves

The following table sets forth the changes in restructuring reserves (in millions):

	Total			Severance			Exit Costs			Provisions for Excess Inventory
Balance at December 31, 2023	$	13.1		$	9.6		$	2.9		$	0.6
Restructuring charges		13.3			4.5			3.3			5.5
Cash payments		(14.4	)		(10.8	)		(3.6	)		—
Other, non-cash adjustments and foreign currency effect		(5.6	)		(0.1	)		—			(5.5	)
Balance at June 30, 2024	$	6.4		$	3.2		$	2.6		$	0.6