v3.24.0.1
Restructuring Activities (Tables)
 12 Months Ended
Dec. 31, 2023
Restructuring and Related Activities [Abstract]  
Restructuring Spent and Estimated to Be Incurred
CTO2Grow Program restructuring spend is estimated to be incurred as follows:
Total Restructuring Program RangeLess Program Activity to DateRemaining Restructuring
(In millions)LowHighLowHigh
Costs of reduction in headcount as a result of reorganization$90 $95 $(17)$73 $78 
Other associated costs20 25 (1)19 24 
Contract terminations25 30 (15)10 15 
Total cash expense$135 $150 $(33)$102 $117 
Capital expenditures5 10 — 5 10 
Total estimated cash cost(1)
$140 $160 $(33)$107 $127 
Total estimated non-cash expense(2)
$33 $33 $(33)$— $— 
Total estimated expense(3)
$168 $183 $(66)$102 $117 
(1)Total estimated cash cost excludes the impact of proceeds expected from the sale of property and equipment and foreign currency impact.
(2)Reflects actual expenses that have been incurred. Ranges associated with future non-cash expenses related to the CTO2Grow Program are difficult to estimate and are not available without unreasonable efforts, as these typically relate to exit and disposal activities.
(3)Total estimated expense excludes capital expenditures.
Restructuring and Relocation Activities
Year Ended December 31,
(In millions)202320222021
Other associated costs$34.5 $9.3 $16.5 
Contract terminations14.6 — — 
Restructuring charges15.6 12.1 14.5 
Total charges$64.7 $21.4 $31.0 
Capital expenditures$0.4 $9.7 $8.2 
Components of Restructuring Accrual, Spending and Other Activity and Accrual Balance Remaining
The aggregate restructuring accrual, spending and other activity for the years ended December 31, 2023, 2022 and 2021 and the accrual balance remaining at those year-ends were as follows:
(In millions) 
Restructuring accrual at December 31, 2020$14.3 
Accrual and accrual adjustments14.5 
Cash payments during 2021(16.9)
Effect of changes in foreign currency exchange rates(0.6)
Restructuring accrual at December 31, 2021$11.3 
Accrual and accrual adjustments12.1 
Cash payments during 2022(8.6)
Effect of changes in foreign currency exchange rates(0.1)
Restructuring accrual at December 31, 2022$14.7 
Headcount accrual and accrual adjustments15.6 
Contract termination accrual and adjustments11.0 
Cash payments during 2023(17.2)
Effect of changes in foreign currency exchange rates0.2 
Restructuring accrual at December 31, 2023(1)
$24.3 
(1)Excludes $3.7 million of remaining lease obligations on terminated contracts included in Current portion of operating lease liabilities and Long-term operating lease liabilities, less current portion on our Consolidated Balance Sheets.