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Restructuring and Severance (Tables)
3 Months Ended
Mar. 31, 2025
Restructuring and Related Activities [Abstract]  
Summary of Activity in The Restructuring Liability

Liabilities have been established for employee separations and contract terminations. A summary of activity in the restructuring liability is shown below:

(dollars in millions)

 

Employee Separation

 

 

Contract Terminations

 

 

Total

 

Balance as of December 31, 2024

 

$

40.2

 

 

$

0.2

 

 

$

40.4

 

Charges

 

 

3.7

 

 

 

 

 

 

3.7

 

Payments

 

 

(40.2

)

 

 

 

 

 

(40.2

)

Balance as of March 31, 2025

 

$

3.7

 

 

$

0.2

 

 

$

3.9

 

Summary of Restructuring Activity

A summary of restructuring activity is presented below:

 

(dollars in millions)

 

Network

 

 

Corporate

 

 

Total

 

Balance as of December 31, 2024

 

$

39.2

 

 

$

1.2

 

 

$

40.4

 

Charges

 

 

3.7

 

 

 

 

 

 

3.7

 

Payments

 

 

(39.1

)

 

 

(1.1

)

 

 

(40.2

)

Balance as of March 31, 2025

 

$

3.8

 

 

$

0.1

 

 

$

3.9