Restructuring Costs

6 Months Ended

Jun. 30, 2020

Restructuring And Related Activities [Abstract]

(6) Restructuring Costs

We recorded net restructuring costs of $48.2 and $41.4 during the six months ended June 30, 2020 and 2019, respectively, in selling and administrative expenses, primarily related to severances and office closures and consolidations in multiple countries and territories. As a result of the adoption of the new accounting guidance on leases as of January 1, 2019, the office closure costs of $8.2 during the six months ended June 30, 2020 were recorded as an impairment to the operating lease right-of-use asset and, thus, are not included in the restructuring reserve balance as of June 30, 2020. The costs paid, utilized or transferred out of our restructuring reserve were $32.1 during the six months ended June 30, 2020. We expect a majority of the remaining $23.4 reserve will be paid by the end of 2020.

Changes in the restructuring reserve by reportable segment and Corporate are shown below.

	Americas⁽¹⁾			Southern Europe⁽²⁾			Northern Europe			APME			Corporate		Total
Balance, December 31, 2019	$	0.4		$	0.7		$	6.2		$	—		$	—	$	7.3
Severance costs		4.7			11.8			19.3			1.0			0.2		37.0
Office closure and other costs		8.1			1.3			0.2			1.6			—		11.2
Costs paid, utilized or transferred out		(10.5	)		(12.0	)		(7.0	)		(2.6	)		—		(32.1	)
Balance, June 30, 2020	$	2.7		$	1.8		$	18.7		$	-		$	0.2	$	23.4

(1)	Balances related to the United States were $0.3 and $2.1 as of December 31, 2019 and June 30, 2020, respectively.

(2)	France had no restructuring reserve as of both December 31, 2019 and June 30, 2020. Balances related to Italy were $0.3 and $0.6 as of December 31, 2019 and June 30, 2020, respectively.