XML 71 R44.htm IDEA: XBRL DOCUMENT v3.22.4
RESTRUCTURING CHARGES (Tables)
12 Months Ended
Dec. 31, 2022
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Charges
A summary of the RGGA charges incurred since its inception in March 2020 and through December 31, 2022 is presented in the following table:
Restructuring Charges and Other, Net
Employee Severance and Other Personnel BenefitsOther CostsTotal Restructuring ChargesLeases (a)Other Related Charges (b)Total Restructuring and Related Charges
Charges incurred through December 31, 2021$52.7 $23.9 $76.6 $17.7 $7.6 $101.9 
Charges incurred during the year ended December 31, 2022— 7.0 $7.0 3.2 — 10.2 
Cumulative charges incurred through December 31, 2022$52.7 $30.9 $83.6 $20.9 $7.6 $112.1 
(a) Lease-related charges are recorded within SG&A in the Company’s Consolidated Statement of Operations and Comprehensive Loss.
(b) Other related charges are recorded within SG&A and cost of sales in the Company’s Consolidated Statement of Operations and Comprehensive Loss.
A summary of the RGGA restructuring charges incurred since its inception in March 2020 and through December 31, 2022 by reportable segment is presented in the following table:
Charges incurred during the year ended December 31, 2022Cumulative charges incurred through December 31, 2022
Revlon$2.2 $30.2 
Elizabeth Arden2.8 21.8 
Portfolio1.2 19.2 
Fragrances0.8 12.4 
Total$7.0 $83.6 
Schedule of Liability Balance and Activity of Restructuring Programs
The liability balance and related activity for each of the Company's restructuring programs are presented in the following table:
Utilized, Net
Liability
Balance at January 1, 2022
Expense, Net

Cash
Liability Balance at December 31, 2022
RGGA:
Employee severance and other personnel benefits$1.9 $— $(1.8)$0.1 
Other— 7.0 (7.0)— 
Total RGGA1.9 7.0 (8.8)0.1 
Other restructuring initiatives:
Employee severance and other personnel benefits0.8 (0.5)— 0.3 
Total other restructuring initiatives0.8 (0.5)— 0.3 
Total restructuring reserve$2.7 $6.5 $(8.8)$0.4 


Utilized, Net
Liability
Balance at January 1, 2021
Expense, Net

Cash
Liability Balance at December 31, 2021
RGGA
Employee severance and other personnel benefits $12.6 $4.1 $(14.8)$1.9 
Other— 22.0 (22.0)— 
Total RGGA12.6 26.1 (36.8)1.9 
Other restructuring initiatives:
Employee severance and other personnel benefits1.2 — (0.4)0.8 
Total other restructuring initiatives1.2 — (0.4)$0.8 
Total restructuring reserve$13.8 $26.1 $(37.2)$2.7