XML 69 R48.htm IDEA: XBRL DOCUMENT v3.25.0.1
Restructuring Activities (Tables)
12 Months Ended
Dec. 31, 2024
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Charges by Segment
The Company's restructuring charges by segment were as follows:
 Years Ended December 31,
 202420232022
Engineered Products$7,847 $8,976 $3,194 
Clean Energy & Fueling30,858 20,336 9,571 
Imaging & Identification9,960 5,918 4,702 
Pumps & Process Solutions4,956 7,686 4,685 
Climate & Sustainability Technologies
15,197 4,541 6,007 
Corporate992 2,444 2,321 
Total$69,810 $49,901 $30,480 
These amounts are classified in the consolidated statements of earnings as follows:
Cost of goods and services$37,993 $19,352 $6,855 
Selling, general and administrative expenses31,817 30,549 23,625 
Total$69,810 $49,901 $30,480 
Schedule of Severance and Exit Accrual Activities
The Company's severance and exit accrual activities were as follows:
 SeveranceExitTotal
Balance at January 1, 2022$10,730 $2,925 $13,655 
Restructuring charges15,388 15,092 30,480 
Payments(13,975)(8,052)(22,027)
Other, including foreign currency translation(136)(7,497)(7,633)
Balance at December 31, 202212,007 2,468 14,475 
Restructuring charges36,899 13,002 49,901 
Payments(31,133)(9,910)(41,043)
Other, including foreign currency translation873 (2,447)(1,574)
Balance at December 31, 202318,646 3,113 21,759 
Restructuring charges28,917 40,893 
(1)
69,810 
Payments(33,514)(10,481)(43,995)
Other, including foreign currency translation(505)(27,634)
(1)
(28,139)
Balance at December 31, 2024$13,544 $5,891 $19,435 
(1) Exit reserves activity includes non-cash asset charges related to a product line exit within the Climate & Sustainability Technologies segment.