Subsequent Events |
6 Months Ended |
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Jun. 30, 2024 | |
| Subsequent Events [Abstract] | |
| Subsequent Events | Subsequent events On July 24, 2024, we committed to certain significant restructuring activities in connection with the Company’s publicly-announced multi-year cost transformation initiative. These activities are designed to right-size the Company’s cost base and optimize its footprint and organizational structure with a focus on driving significant cost improvement and productivity. While the Company is continuing to define the specific actions that may be required to deliver the targeted benefits, it expects to incur incremental restructuring charges in the range of $50.0 million to $65.0 million, including severance costs and other employment related expenses in the range of $40.0 million to $50.0 million. The Company expects to recognize the majority of these severance and related costs during the third and fourth quarters of 2024.
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