Restructuring (Tables)

6 Months Ended

Jun. 30, 2023

Restructuring and Related Activities [Abstract]

Schedule of Activity in Restructuring Programs

For the three and six month periods ended June 30, 2023 and 2022, “Restructuring charges, net” were recognized within “Other operating expense, net” in the Condensed Consolidated Statement of Operations and consisted of the following.

	For the Three Month Period Ended June 30,				For the Six Month Period Ended June 30,
	2023		2022		2023		2022
Industrial Technologies and Services	$	3.8	$	8.7	$	6.9	$	12.3
Precision and Science Technologies	1.4		0.5		1.0		8.1
Corporate	—		(0.3)		0.2		1.0
Restructuring charges, net	$	5.2	$	8.9	$	8.1	$	21.4

The following table summarizes the activity associated with the Company’s restructuring programs for the three and six month periods ended June 30, 2023 and 2022.

	For the Three Month Period Ended June 30,				For the Six Month Period Ended June 30,
	2023		2022		2023		2022
Balance at beginning of period	$	13.4	$	16.9	$	14.9	$	12.3
Charged to expense - termination benefits	2.4		4.2		3.3		12.5
Charged to expense - other (1)	1.8		2.1		2.9		4.1
Payments	(7.2)		(3.3)		(10.8)		(8.2)
Currency translation adjustment and other	0.1		(1.9)		0.2		(2.7)
Balance at end of period	$	10.5	$	18.0	$	10.5	$	18.0

(1)Excludes $1.0 million and $2.6 million of non-cash charges that impacted restructuring expense but not the restructuring liabilities during the three month periods ended June 30, 2023 and 2022, respectively, and $1.9 million and $4.8 million for the six month periods then ended, respectively.