During the three months ended March 31, 2026 and the year ended December 31, 2025, we initiated and continued execution of certain business restructuring initiatives aimed at reducing our fixed cost structure and realigning our business.

Restructuring related costs included in Selling, general and administrative in the Condensed Consolidated Statements of Income and Comprehensive Income included costs for severance and other restructuring costs as follows:


	Three months ended
In millions	March 31, 2026		March 31, 2025
Severance and related costs	$	2.3	$	0.7
Other	0.7		0.2
Total restructuring costs	$	3.0	$	0.9

Other restructuring costs primarily consist of asset impairment and various contract termination costs.

Restructuring costs by reportable segment as well as Enterprise and other were as follows:


	Three months ended
In millions	March 31, 2026		March 31, 2025
Systems Protection	$	1.4	$	0.3
Electrical Connections	1.0		0.3

Enterprise and other	0.6		0.3
Total	$	3.0	$	0.9

Activity related to accrued severance and related costs recorded in Other current liabilities in the Condensed Consolidated Balance Sheets is summarized as follows:


	Three months ended
In millions	March 31, 2026		March 31, 2025
Beginning balance	$	2.8	$	1.8

Costs incurred	2.3		0.7
Cash payments and other	(2.1)		(1.1)
Ending balance	$	3.0	$	1.4