Restructuring (Tables)

12 Months Ended

Dec. 31, 2025

Restructuring and Related Activities [Abstract]

Summary of Liabilities Recognized Related to Restructuring Plan

The following table summarizes the liabilities recognized related to the 2025 Restructuring Plan (in millions):

	Employee
	Termination			Contract
	Benefits			Terminations			Other			Total
Balance, December 31, 2024	$	-		$	-		$	-		$	-
Expenses incurred		121.3			7.3			8.2			136.8
Cash payments		(30.1	)		(2.3	)		(5.1	)		(37.5	)
Foreign currency exchange rate changes		0.3			-			-			0.3
Balance, December 31, 2025	$	91.5		$	5.0		$	3.1		$	99.6
Expense incurred since the start of the 2025 Restructuring Plan	$	121.3		$	7.3		$	8.2		$	136.8
Expense estimated to be recognized for the 2025 Restructuring Plan	$	130.0		$	10.0		$	15.0		$	155.0

The following table summarizes the liabilities recognized related to the 2023 Restructuring Plan (in millions):

	Employee
	Termination			Contract
	Benefits			Terminations			Other			Total
Balance, December 31, 2022	$	-		$	-		$	-		$	-
Expenses incurred		9.2			-			3.6			12.8
Cash payments		-			-			(1.0	)		(1.0	)
Non-cash activity		-			-			2.4			2.4
Balance, December 31, 2023		9.2			-			5.0			14.2
Expenses incurred		84.6			3.1			13.0			100.7
Cash payments		(73.9	)		(1.7	)		(12.6	)		(88.2	)
Foreign currency exchange rate changes		(1.1	)		-			(0.1	)		(1.2	)
Non-cash activity		-			-			1.6			1.6
Balance, December 31, 2024		18.8			1.4			6.9			27.1
Expenses incurred		(2.2	)		2.9			0.8			1.5
Cash payments		(14.9	)		(3.3	)		(6.8	)		(25.0	)
Foreign currency exchange rate changes		1.3			-			0.4			1.7
Balance, December 31, 2025	$	3.0		$	1.0		$	1.3		$	5.3
Total expense incurred under the 2023 Restructuring Plan	$	91.6		$	6.0		$	17.4		$	115.0

The following table summarizes the liabilities recognized related to the 2021 Restructuring Plan (in millions):

	Employee
	Termination			Contract
	Benefits			Terminations			Other			Total
Balance, December 31, 2022	$	10.5		$	25.0		$	3.1		$	38.6
Expenses incurred		6.0			22.0			9.3			37.3
Cash payments		(12.5	)		(30.2	)		(9.6	)		(52.3	)
Foreign currency exchange rate changes		0.2			0.8			0.1			1.1
Balance, December 31, 2023		4.2			17.6			2.9			24.7
Expenses incurred		(2.1	)		(0.1	)		2.4			0.2
Cash payments		(1.5	)		(14.8	)		(3.8	)		(20.1	)
Foreign currency exchange rate changes		(0.1	)		(0.7	)		(0.1	)		(0.9	)
Balance, December 31, 2024	$	0.5		$	2.0		$	1.4		$	3.9
Total expense incurred under the 2021 Restructuring Plan	$	57.0		$	73.7		$	38.6		$	169.3

The following table summarizes the liabilities recognized related to the 2019 Restructuring Plan (in millions):

	Employee
	Termination			Contract
	Benefits			Terminations			Other			Total
Balance, December 31, 2022	$	28.9		$	9.0		$	6.4		$	44.3
Expenses incurred		17.4			-			24.1			41.5
Cash payments		(2.1	)		(3.4	)		(27.7	)		(33.2	)
Foreign currency exchange rate changes		(0.4	)		-			0.1			(0.3	)
Balance, December 31, 2023		43.8			5.6			2.9			52.3
Expenses incurred		26.4			-			21.7			48.1
Cash payments		(32.0	)		(1.8	)		(23.2	)		(57.0	)
Foreign currency exchange rate changes		(0.2	)		-			(0.1	)		(0.3	)
Balance, December 31, 2024		38.0			3.8			1.3		$	43.1
Expenses incurred		7.8			-			17.2			25.0
Cash payments		(48.5	)		(1.9	)		(17.8	)		(68.2	)
Foreign currency exchange rate changes		3.3			-			-			3.3
Balance, December 31, 2025	$	0.6		$	1.9		$	0.7		$	3.2
Total expense incurred under the 2019 Restructuring Plan	$	159.9		$	35.0		$	197.6		$	392.5

Summary of Location on Consolidated Statement of Earnings and Type of Cost for Restructuring Plan

The following table summarizes the location on our consolidated statement of earnings and type of cost for our 2019 Restructuring Plan (in millions):

	Year Ended December 31, 2025
	Employee
	Termination		Contract
	Benefits		Terminations		Other		Total
Cost of products sold, excluding intangible asset amortization	$	-	$	-	$	0.2	$	0.2
Restructuring and other cost reduction initiatives		7.8		-		17.0		24.8
	$	7.8	$	-	$	17.2	$	25.0
	Year Ended December 31, 2024
	Employee
	Termination		Contract
	Benefits		Terminations		Other		Total
Cost of products sold, excluding intangible asset amortization	$	-	$	-	$	11.5	$	11.5
Restructuring and other cost reduction initiatives		26.4		-		10.2		36.6
	$	26.4	$	-	$	21.7	$	48.1
	Year Ended December 31, 2023
	Employee
	Termination		Contract
	Benefits		Terminations		Other		Total
Cost of products sold, excluding intangible asset amortization	$	-	$	-	$	8.2	$	8.2
Restructuring and other cost reduction initiatives		17.4		-		15.9		33.3
	$	17.4	$	-	$	24.1	$	41.5