In November 2023, the Company finalized its plan to close its Post Consumer Brands cereal manufacturing facility in Lancaster, Ohio (the “Lancaster Facility”). The transfer of production capabilities to other Company locations and closure of the Lancaster Facility is expected to be completed by the end of fiscal 2024.

Restructuring charges and the associated liabilities for employee-related expenses related to the closure of the Lancaster Facility are shown in the following table.









Balance, September 30, 2023	$	—
Charge to expense	7.7
Cash payments	(0.2)
Non-cash charges	—
Balance, March 31, 2024	$	7.5

Total expected restructuring charges	$	7.8
Cumulative restructuring charges incurred to date	7.7
Remaining expected restructuring charges	$	0.1

No restructuring charges were incurred during the three or six months ended March 31, 2023. Restructuring charges of $0.2 and $7.7 were included in “Selling, general and administrative expenses” in the Condensed Consolidated Statements of Operations during the three and six months ended March 31, 2024, respectively.