Restructuring Costs, Net (Tables)

6 Months Ended

Jun. 30, 2024

Summary of Company's Net Pretax Restructuring Charges

The Company’s net pretax restructuring activity included in restructuring costs, net on the Condensed Consolidated Statements of Operations, by segment, was as follows:


		Three Months Ended								Six Months Ended
		June 30,								June 30,
		2024				2023				2024				2023
CCS		$	0.4			$	13.2			$	0.8			$	(1.9	)
OWN			0.2				3.8				0.2				3.9
NICS			1.4				9.0				2.6				11.0
ANS			(1.1	)			9.3				27.9				10.7
Corporate and other			—				1.3				—				1.8
Total		$	0.9			$	36.6			$	31.5			$	25.5

The corporate and other line item above reflects general corporate restructuring costs that were previously allocated to the Home segment. These indirect expenses have been classified as continuing operations for the prior year periods presented, since the costs were not directly attributable to the discontinued operations of the Home business. Beginning in the first quarter of 2024, these costs have been reallocated to the Company’s remaining segments.

Restructuring Reserves Included in Company's Condensed Consolidated Balance Sheets

Restructuring liabilities were included in the Company’s Condensed Consolidated Balance Sheets as follows:


		June 30, 2024				December 31, 2023
Accrued and other liabilities		$	9.9			$	11.7
Other noncurrent liabilities			—				0.1
Total restructuring liabilities		$	9.9			$	11.8

Activity within Liability Established for Restructuring Actions, Included in Other Accrued Liabilities

The activity within the liability established for CommScope NEXT restructuring actions was as follows:


		Employee-Related Costs				Other				Total
Balance at March 31, 2024		$	9.1			$	—			$	9.1
Additional expense, net			0.6				0.3				0.9
Cash paid			(6.9	)			(0.1	)			(7.0	)
Third-party indemnification receivable (1)			7.0				0.5				7.5
Foreign exchange and other non-cash items			0.1				(0.7	)			(0.6	)
Balance at June 30, 2024		$	9.9			$	—			$	9.9

Balance at December 31, 2023		$	11.7			$	—			$	11.7
Additional expense, net			7.0				24.4				31.4
Cash paid			(15.9	)			(0.4	)			(16.3	)
Third-party indemnification receivable (1)			7.0				0.5				7.5
Foreign exchange and other non-cash items			0.1				(24.5	)			(24.4	)
Balance at June 30, 2024		$	9.9			$	—			$	9.9

(1)

Reflects the reimbursement of severance and other costs from a third-party, for which the Company is obligated to pay.