v3.24.2.u1
Restructuring (Tables)
 6 Months Ended
Jun. 30, 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 June 30, 2024Costs Recognized in Prior Periods
Adjustments Recognized During the Six Months Ended June 30, 2024
Expected Remaining Costs to be Recognized at June 30, 2024
Employee severance costs$42,167 $43,347 $(1,180)$— 
Asset impairments & net loss (gain) on sale or disposal1,169 1,130 39 — 
Other restructuring costs7,543 4,051 1,792 1,700 
Total
$50,879 $48,528 $651 $1,700 
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 June 30, 2024Costs Recognized in Prior PeriodsAdjustments Recognized During the Six Months Ended June 30, 2024Expected Remaining Costs to be Recognized at June 30, 2024
Employee severance costs$34,947 $34,821 $126 $— 
Asset impairments & net loss (gain) on sale or disposal8,169 8,379 (210)— 
Other restructuring costs4,861 3,729 (468)1,600 
Total
$47,977 $46,929 $(552)$1,600 
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 six months ended June 30, 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
(1,054)(171)1,324 99 
Cash payments(10,987)(13)(2,482)(13,482)
Net assets disposed and impaired— 184 — 184 
Effect of change in exchange rates(1,917)— 460 (1,457)
Ending balance, June 30, 2024$54,740 $— $2,980 $57,720