Restructuring

9 Months Ended

Sep. 30, 2020

Restructuring and Related Activities [Abstract]

Note 10: Restructuring

As a result of operating efficiency initiatives announced in February 2020, the Company recognized restructuring charges of $12.9 million and $42.1 million during the three and nine months ended September 30, 2020, respectively. The charges primarily consisted of severance and employment-related costs due to reductions in headcount.

All charges were classified as Restructuring, impairment and related charges in the unaudited Condensed Consolidated Statements of Operations.

The following table details the Company’s severance and employment-related restructuring activity for the nine months ended September 30, 2020 (in millions):


	Severance Pay and Benefits		Contract Terminations and Other Costs		Total
Balance as of December 31, 2019	$	1.2	$	—	$	1.2
Restructuring Charges:
Americas	18.4		9.7		28.1
EMEA	9.7		—		9.7
APAC	4.3		—		4.3
Total Restructuring Charges	32.4		9.7		42.1
Payments and Other:
Americas	(14.2)		(8.9)		(23.1)
EMEA	(6.0)		—		(6.0)
APAC	(3.2)		—		(3.2)
Total Payments and Other	(23.4)		(8.9)		(32.3)
Balance as of September 30, 2020	$	10.2	$	0.8	$	11.0

As of September 30, 2020 and December 31, 2019, $10.0 million and $1.2 million were recorded as Other current liabilities, respectively, and as of September 30, 2020, $1.0 million was recorded as Other non-current liabilities within the unaudited Condensed Consolidated Balance Sheet.