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Restructuring
 9 Months Ended
Sep. 30, 2024
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring
2024 and 2023 Actions
The Company continues to undertake restructuring actions to optimize our cost structure. Charges incurred from actions taken in 2024 and 2023 include workforce restructuring, facility consolidation and other exit and disposal costs.
For the three and nine month periods ended September 30, 2024 and 2023, “Restructuring charges, net” were recognized within “Other operating expense, net” in the Condensed Consolidated Statements of Operations and consisted of the following.
For the Three Month Period Ended September 30,For the Nine Month Period Ended September 30,
2024202320242023
Industrial Technologies and Services$6.2 $0.9 $14.4 $7.8 
Precision and Science Technologies3.2 0.9 8.2 1.9 
Corporate0.2 — 0.6 0.2 
Restructuring charges, net$9.6 $1.8 $23.2 $9.9 
The following table summarizes the activity associated with the Company’s restructuring programs for the three and nine month periods ended September 30, 2024 and 2023.
For the Three Month Period Ended September 30,For the Nine Month Period Ended September 30,
2024202320242023
Balance at beginning of period$15.6 $10.5 $15.5 $14.9 
Charged to expense - termination benefits6.9 0.7 19.6 4.0 
Charged to expense - other (1)
1.1 0.9 2.0 3.8 
Payments(3.9)(2.6)(17.1)(13.4)
Currency translation adjustment and other0.7 (0.3)0.4 (0.1)
Balance at end of period$20.4 $9.2 $20.4 $9.2 
(1)Excludes $1.6 million and $0.2 million of non-cash charges that impacted restructuring expense but not the restructuring liabilities during the three month periods ended September 30, 2024 and 2023, respectively, and $1.6 million and $2.1 million for the nine month periods then ended, respectively.