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Restructuring Charges
9 Months Ended
Sep. 30, 2025
Restructuring and Related Activities [Abstract]  
Restructuring Charges Restructuring Charges
2025 Plan
During the third quarter of 2025, we approved a targeted restructuring plan which was not anticipated to be material, and incurred charges of $2 million in the third quarter. In October 2025, we finalized an additional organizational review, that together with the targeted restructuring plan, will comprise a worldwide restructuring plan (the "2025 Plan"). Under the 2025 Plan, we expect to eliminate 300-400 positions and incur total charges of $30 million-$45 million. We expect these actions will be completed by the first half of 2026 and will generate annualized savings of $35 million-$50 million.
Activity in our restructuring reserves was as follows:
2025 Plan2024 PlanTotal
Balance at January 1, 2025$ $23,164 $23,164 
Amounts charged to expense
1,836 15,206 17,042 
Cash payments (30,843)(30,843)
Noncash activity (1,396)(1,396)
Balance at September 30, 2025$1,836 $6,131 $7,967 
2024 Plan2023 PlanTotal
Balance at January 1, 2024$— $26,128 $26,128 
Amounts charged to expense - continuing operations
54,238 10,621 64,859 
Amounts charged to expense - discontinued operations
7,265 — 7,265 
Cash payments(18,045)(35,874)(53,919)
Noncash activity(245)(875)(1,120)
Balance at September 30, 2024$43,213 $— $43,213 
Components of restructuring expense were as follows:
Three Months Ended September 30, 2025Three Months Ended September 30, 2024
2025 Plan
2024 Plan
Total
2024 Plan
2023 Plan
Total
Severance$1,797 $ $1,797 $30,403 $— $30,403 
Facilities and other39  39 291 — 291 
Total$1,836 $ $1,836 $30,694 $— $30,694 
Nine Months Ended September 30, 2025Nine Months Ended September 30, 2024
2025 Plan
2024 Plan
Total
2024 Plan
2023 Plan
Total
Severance$1,797 $13,810 $15,607 $53,947 $9,398 $63,345 
Facilities and other39 1,396 1,435 291 1,223 1,514 
Total$1,836 $15,206 $17,042 $54,238 $10,621 $64,859 
Components of restructuring expense in discontinued operations primarily included severance charges.
At the end of the second quarter of 2025, the 2024 Plan was officially completed. Under the 2024 Plan, we eliminated approximately 3,200 positions and incurred cumulative charges of $89 million.