Restructuring Costs

9 Months Ended

Sep. 30, 2020

Restructuring And Related Activities [Abstract]

Restructuring Costs

(6) Restructuring Costs

We recorded net restructuring costs of $98.1 and $42.5 during the nine months ended September 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 $22.6 during the nine months ended September 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 September 30, 2020. The costs paid, utilized or transferred out of our restructuring reserve were $55.5 during the nine months ended September 30, 2020. We expect a majority of the remaining $49.9 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		5.5			16.2			43.4			2.5			0.2			67.8
Office closure costs		19.6			2.3			0.2			0.5			—			22.6
Other costs		4.4			2.2			—			1.1			—			7.7
Costs paid, utilized or transferred out		(25.1	)		(15.6	)		(11.1	)		(3.5	)		(0.2	)		(55.5	)
Balance, September 30, 2020	$	4.8		$	5.8		$	38.7		$	0.6		$	-		$	49.9

(1) Balances related to the United States were $0.3 and $4.3 as of December 31, 2019 and September 30, 2020, respectively.

(2) France had no restructuring reserve as of both December 31, 2019 and September 30, 2020. Balances related to Italy were $0.3 and $1.8 as of December 31, 2019 and September 30, 2020, respectively.