XML 48 R37.htm IDEA: XBRL DOCUMENT v3.26.1
RESTRUCTURING ACTIVITIES (Tables)
 6 Months Ended
Jun. 30, 2026
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 and six months ended June 30, 2026 and June 30, 2025:
Three Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Beginning Balance$9.2 $15.9 $8.7 $16.3 
Provision(1)
6.5 5.3 14.5 14.0 
Less: Payments7.3 7.3 14.8 16.4 
Ending Balance$8.4 $13.9 $8.4 $13.9 
(1)
Excludes equipment related write-offs and restructuring related depreciation adjustments.
Schedule of Reconciliation Of Expenses By Type
The following table is a reconciliation of expenses by type for restructuring projects for the three and six months ended June 30, 2026 and June 30, 2025:
Three Months Ended
June 30, 2026June 30, 2025
Cost of SalesOperating ExpensesTotalCost of SalesOperating ExpensesTotal
Severance Expense$2.8 $1.7 $4.5 $1.3 $2.5 $3.8 
Facility Related Costs1.4 0.7 2.1 1.7 0.3 2.0 
Other Expenses0.1 — 0.1 — (0.5)(0.5)
  Total Restructuring Costs$4.3 $2.4 $6.7 $3.0 $2.3 $5.3 
Six Months Ended
June 30, 2026June 30, 2025
Cost of SalesOperating ExpensesTotalCost of SalesOperating ExpensesTotal
Severance Expense$7.6 $3.5 $11.1 $4.2 $6.3 $10.5 
Facility Related Costs2.4 1.0 3.4 3.6 0.7 4.3 
Other Expenses0.5 — 0.5 0.5 (0.2)0.3 
  Total Restructuring Costs$10.5 $4.5 $15.0 $8.3 $6.8 $15.1 
The following table shows the allocation of Restructuring Expenses by segment for the three and six months ended June 30, 2026 and June 30, 2025:
Three Months EndedAutomation & Motion ControlIndustrial Powertrain SolutionsPower Efficiency SolutionsTotal
June 30, 2026$0.4 $3.8 $2.5 $6.7 
June 30, 20250.5 4.4 0.4 5.3 
Six Months EndedAutomation & Motion ControlIndustrial Powertrain SolutionsPower Efficiency SolutionsTotal
June 30, 2026$1.5 $7.7 $5.8 $15.0 
June 30, 20251.1 13.2 0.8 15.1