v3.24.1.u1
Restructuring (Tables)
 3 Months Ended
Mar. 31, 2024
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Reserve by Type of Cost
The total expected restructuring costs, the restructuring costs recognized, and the remaining expected restructuring costs related to the 2023 Projects were as follows:
In thousandsTotal Expected Costs at March 31, 2024Costs Recognized in Prior Periods
Costs Recognized During the Three Months Ended March 31, 2024
Expected Remaining Costs to be Recognized at March 31, 2024
Employee severance costs$42,803 $43,347 $(544)$— 
Asset impairments & net loss (gain) on sale or disposal1,169 1,130 39 — 
Other restructuring costs7,539 4,051 1,038 2,450 
Total
$51,511 $48,528 $533 $2,450 
The total expected restructuring costs, the restructuring costs recognized, and the remaining expected restructuring costs related to the 2021 Projects were as follows:
In thousandsTotal Expected Costs at March 31, 2024Costs Recognized in Prior PeriodsAdjustments Recognized During the Three Months Ended March 31, 2024Expected Remaining Costs to be Recognized at March 31, 2024
Employee severance costs$34,671 $34,821 $(150)$— 
Asset impairments & net loss (gain) on sale or disposal8,146 8,379 (233)— 
Other restructuring costs5,427 3,729 48 1,650 
Total
$48,244 $46,929 $(335)$1,650 
Restructuring and Related Costs
The following table summarizes the activity within the restructuring related balance sheet accounts for the 2023 Projects and the 2021 Projects during the three months ended March 31, 2024:
In thousandsAccrued Employee SeveranceAsset Impairments & Net Loss (Gain) on Sale or DisposalOther Accrued CostsTotal
Beginning balance, January 1, 2024$68,698 $— $3,678 $72,376 
Costs charged to expense
(694)(194)1,086 198 
Cash payments(4,899)(13)(1,299)(6,211)
Cash receipts— — — — 
Net assets disposed and impaired— 207 — 207 
Effect of change in exchange rates(1,367)— (16)(1,383)
Ending balance, March 31, 2024$61,738 $— $3,449 $65,187