The Company continues to undertake restructuring actions to optimize our cost structure. Charges incurred from actions taken in 2026 and 2025 include workforce restructuring, facility consolidation and other exit and disposal costs.

For the three month periods ended March 31, 2026 and 2025, “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 March 31,
	2026		2025
Industrial Technologies and Services	$	2.6	$	4.0
Precision and Science Technologies	5.7		1.4
Corporate	0.4		(0.1)
Restructuring charges, net	$	8.7	$	5.3

The following table summarizes the activity associated with the Company’s restructuring programs for the three month periods ended March 31, 2026 and 2025.


	For the Three Month Period Ended March 31,
	2026		2025
Balance at beginning of period	$	39.9	$	22.3
Charged to expense - termination benefits	7.9		4.7
Charged to expense - other	0.8		0.6
Payments	(13.5)		(11.1)
Currency translation adjustment and other	(0.3)		0.5
Balance at end of period	$	34.8	$	17.0