Restructuring, Impairment and Transaction-Related Charges (Tables)

3 Months Ended

Mar. 31, 2024

Restructuring and Related Activities [Abstract]

Schedule of Restructuring, Impairment and Transaction-Related Charges

The Company recorded restructuring, impairment and transaction-related charges for the three months ended March 31, 2024 and 2023, as follows:

	Three Months Ended March 31,
	2024		2023
Employee termination charges	$	13.7	$	13.1
Impairment charges	12.6		9.5
Transaction-related charges	0.5		0.6
Integration costs	0.1		0.5
Other restructuring charges	5.6		2.3
Total	$	32.5	$	26.0

Other restructuring charges consisted of the following during the three months ended March 31, 2024 and 2023:

	Three Months Ended March 31,
	2024		2023
Vacant facility carrying costs and lease exit charges	$	4.3	$	1.9
Equipment and infrastructure removal costs	1.1		0.3
Other restructuring activities	0.2		0.1
Other restructuring charges	$	5.6	$	2.3

Activity Impacting Reserves for Restructuring, Impairment and Transaction-Related Charges

Activity impacting the Company’s restructuring reserves for the three months ended March 31, 2024, was as follows:

	Employee Termination Charges		Impairment Charges		Transaction-Related Charges		Integration Costs		Other Restructuring Charges		Total
Balance at December 31, 2023	$	17.6	$	—	$	2.5	$	—	$	11.8	$	31.9
Expense, net	13.7		12.6		0.5		0.1		5.6		32.5
Cash payments, net	(12.0)		—		(2.2)		(0.1)		(6.2)		(20.5)
Non-cash adjustments/reclassifications	—		(12.6)		—		—		0.3		(12.3)
Balance at March 31, 2024	$	19.3	$	—	$	0.8	$	—	$	11.5	$	31.6