XML 59 R43.htm IDEA: XBRL DOCUMENT v3.25.0.1
Restructuring (Tables)
12 Months Ended
Dec. 31, 2024
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
The total expected restructuring costs, the restructuring costs recognized, and the remaining expected restructuring costs related to the 2023 Projects were as follows:

In thousandsTotal Expected Costs at December 31, 2024Costs Recognized in Prior PeriodsAdjustments Recognized During the Year Ended December 31, 2024Expected Remaining Costs to be Recognized at December 31, 2024
Employee severance costs$42,078 $43,347 $(1,269)$— 
Asset impairments & net loss (gain) on sale or disposal1,149 1,130 19 — 
Other restructuring costs7,547 4,051 2,896 600 
Total
$50,774 $48,528 $1,646 $600 
The total expected restructuring costs, the restructuring costs recognized, and the remaining expected restructuring costs related to the 2021 Projects were as follows:

In thousandsTotal Expected Costs at December 31, 2024Costs Recognized in Prior PeriodsAdjustments Recognized During the Year Ended December 31, 2024Expected Remaining Costs to be Recognized at December 31, 2024
Employee severance costs$35,816 $34,821 $995 $— 
Asset impairments & net loss (gain) on sale or disposal
8,169 8,379 (210)— 
Other restructuring costs5,277 3,729 248 1,300 
Total
$49,262 $46,929 $1,033 $1,300 
Schedule of Restructuring Reserve by Type of Cost
The following table summarizes the activity within the restructuring related balance sheet accounts for the 2023 Projects and the 2021 Projects during the year ended December 31, 2024:

In thousandsAccrued Employee SeveranceAsset Impairments & Net Loss (Gain) on Sale or DisposalOther Accrued CostsTotal
Beginning balance, January 1, 2024
$68,698 $— $3,678 $72,376 
Costs charged to expense
(274)(191)3,144 2,679 
Cash payments
(27,987)(13)(4,041)(32,041)
Cash receipts
— 150 — 150 
Net assets disposed and impaired— 54 — 54 
Effect of change in exchange rates(2,322)— 435 (1,887)
Ending balance, December 31, 2024
$38,115 $— $3,216 $41,331