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Restructuring (Tables)
12 Months Ended
Dec. 31, 2021
Restructuring And Related Activities [Abstract]  
Summary of Liabilities Recognized Related to Restructuring Plan 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, 2020

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

Additions

 

 

19.5

 

 

 

2.3

 

 

 

10.3

 

 

 

32.1

 

Cash payments

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Foreign currency exchange rate changes

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Balance, December 31, 2021

 

 

19.5

 

 

 

2.3

 

 

 

10.3

 

 

 

32.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Expense estimated to be recognized for the 2021 Restructuring Plan

 

$

62.0

 

 

$

167.0

 

 

$

11.0

 

 

$

240.0

 

 

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, 2018

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

Additions

 

 

23.2

 

 

 

-

 

 

 

13.1

 

 

 

36.3

 

Cash Payments

 

 

-

 

 

 

-

 

 

 

(9.0

)

 

 

(9.0

)

Balance, December 31, 2019

 

 

23.2

 

 

 

-

 

 

 

4.1

 

 

 

27.3

 

Additions

 

55.3

 

 

 

15.8

 

 

 

37.1

 

 

 

108.2

 

Cash payments

 

 

(41.2

)

 

 

(4.9

)

 

 

(26.1

)

 

 

(72.2

)

Foreign currency exchange rate changes

 

 

1.4

 

 

 

-

 

 

 

-

 

 

 

1.4

 

Balance, December 31, 2020

 

 

38.7

 

 

 

10.9

 

 

 

15.1

 

 

 

64.7

 

Additions

 

 

7.4

 

 

 

18.5

 

 

 

52.5

 

 

 

78.4

 

Cash payments

 

 

(29.7

)

 

 

(12.9

)

 

 

(64.6

)

 

 

(107.2

)

Foreign currency exchange rate changes

 

 

(1.6

)

 

 

-

 

 

 

(0.1

)

 

 

(1.7

)

Balance, December 31, 2021

 

$

14.8

 

 

$

16.5

 

 

$

2.9

 

 

$

34.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Expense incurred since the start of the 2019 Restructuring Plan

 

$

85.9

 

 

$

34.3

 

 

$

102.7

 

 

$

222.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Expense estimated to be recognized for the 2019 Restructuring Plan

 

$

180.0

 

 

$

40.0

 

 

$

155.0

 

 

$

375.0