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RESTRUCTURING AND OTHER CHARGES
 12 Months Ended
Dec. 31, 2024
Restructuring and Related Activities [Abstract]  
RESTRUCTURING AND OTHER CHARGES . RESTRUCTURING AND OTHER CHARGES
Restructuring and other charges represent amounts incurred in connection with the elimination of redundant positions and facilities within the organization in connection with cost saving initiatives, the spin-off of Fortrea, and acquisitions or dispositions of businesses by the Company.
During 2024, the Company recorded net restructuring charges of $46.0. The charges were comprised of $43.0 in severance and other personnel costs and $5.9 in facility-related costs primarily associated with general integration activities. The charges were offset by the reversal of a previously established liability of $2.5 in unused severance and $0.4 in unused facility-related costs.
During 2023, the Company recorded net restructuring charges of $49.1. The charges were comprised of $33.4 in severance and other personnel costs and $22.3 in facility-related costs primarily associated with general integration activities. The charges were offset by the reversal of a previously established liability of $1.7 in unused severance and $4.9 in unused facility-related costs.
During 2022, the Company recorded net restructuring charges of $54.0. The charges were comprised of $24.8 in severance and other personnel costs and $31.1 in facility-related costs primarily associated with general integration activities. The charges were offset by the reversal of a previously established liability of $1.4 in unused severance and $0.5 in unused facility-related costs.
The following represents the Company’s restructuring activities:
Severance and Other
Employee Costs		Lease and Other
Facility Costs		Total
Liability balance at December 31, 2022$2.1 $9.4 $11.5 
Restructuring charges33.4 22.3 55.7 
Reduction of prior restructuring accruals(1.7)(4.9)(6.6)
Cash payments and other adjustments(26.2)(13.8)(40.0)
Liability balance at December 31, 20237.6 13.0 20.6 
Restructuring charges43.0 5.9 48.9 
Reduction of prior restructuring accruals(2.5)(0.4)(2.9)
Cash payments and other adjustments(39.7)(5.6)(45.3)
Liability balance at December 31, 2024$8.4 $12.9 $21.3 
Liability balance classified as current$10.9 
Liability balance classified as non-current10.4 
Total liability balance as of December 31, 2024$21.3 
The non-current portion of the restructuring liability balance is expected to be paid out over 8.7 years.