Restructuring (Tables)

3 Months Ended

Mar. 31, 2024

Restructuring and Related Activities [Abstract]

Schedule of Activity in Restructuring Programs

For the three month periods ended March 31, 2024 and 2023, “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 March 31,
	2024		2023
Industrial Technologies and Services	$	5.1	$	3.1
Precision and Science Technologies	4.4		(0.4)
Corporate	0.2		0.2
Restructuring charges, net	$	9.7	$	2.9

The following table summarizes the activity associated with the Company’s restructuring programs for the three month periods ended March 31, 2024 and 2023.

	For the Three Month Period Ended March 31,
	2024		2023
Balance at beginning of period	$	15.5	$	14.9
Charged to expense - termination benefits	9.3		0.9
Charged to expense - other (1)	0.4		1.1
Payments	(4.3)		(3.6)
Currency translation adjustment and other	(0.3)		0.1
Balance at end of period	$	20.6	$	13.4

(1)Excludes $0.9 million of non-cash charges that impacted restructuring expense but not the restructuring liabilities during the three month period ended March 31, 2023.