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Restructuring (Tables)
12 Months Ended
Dec. 31, 2024
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Activity
For the years ended December 31, 2024, 2023 and 2022, “Restructuring charges, net” were recognized within “Other operating expense, net” in the Consolidated Statements of Operations and consisted of the following.
202420232022
Industrial Technologies and Services$20.6 $15.1 $20.1 
Precision and Science Technologies7.9 4.1 8.7 
Corporate2.7 0.7 0.5 
Restructuring charges, net$31.2 $19.9 $29.3 
The following table summarizes the activity associated with the Company’s restructuring programs (included in “Accrued liabilities” in the Consolidated Balance Sheets) for the years ended December 31, 2024 and 2023.
20242023
Balance at beginning of period$15.5 $14.9 
Charged to expense - termination benefits27.1 13.0 
Charged to expense - other(1)
2.5 4.2 
Payments(21.6)(17.1)
Foreign currency translation and other(1.2)0.5 
Balance at end of period$22.3 $15.5 
(1)Excludes $1.6 million and $2.7 million of non-cash charges that impacted restructuring expense but not the restructuring liabilities during the years ended December 31, 2024 and 2023, respectively.