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RESTRUCTURING ACTIVITIES (Tables)
3 Months Ended
Mar. 31, 2025
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Reserve
The following table presents a reconciliation of provisions and payments for the restructuring projects for the three months ended March 31, 2025 and March 31, 2024:
Three Months Ended
March 31, 2025March 31, 2024
Beginning Balance$16.3 $29.1 
Provision(1)
8.7 7.8 
Less: Payments9.1 16.1 
Ending Balance$15.9 $20.8 
(1) Excludes $1.5 million of equipment related write-offs incurred in the first quarter of 2024 and $1.1 million of accelerated depreciation in the first quarter of 2025.
Schedule of Reconciliation Of Expenses By Type
The following table presents a reconciliation of restructuring costs for restructuring projects for the three months ended March 31, 2025 and March 31, 2024:
Three Months Ended
March 31, 2025March 31, 2024
Restructuring Costs:Cost of SalesOperating ExpensesTotalCost of SalesOperating ExpensesTotal
Employee Termination Expenses$2.9 $3.7 $6.6 $4.1 $0.7 $4.8 
Facility Related Costs1.9 0.4 2.3 2.7 — 2.7 
Other Expenses0.6 0.3 0.9 1.6 0.2 1.8 
  Total Restructuring Costs$5.4 $4.4 $9.8 $8.4 $0.9 $9.3 

The following table presents restructuring costs by segment for the three months ended March 31, 2025 and March 31, 2024:
Restructuring Costs - Three Months EndedTotalAutomation & Motion ControlIndustrial Powertrain SolutionsPower Efficiency SolutionsIndustrial Systems
March 31, 2025$9.8 $0.6 $8.8 $0.4 $— 
March 31, 2024$9.3 $1.2 $3.1 $4.9 $0.1