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...Restructuring and Related Activities Restructuring and related activities are designed to better align the Company's operations with current market conditions through headcount reductions, targeted facility consolidations, and other measures to further optimize operations and align resources with growth opportunities. The Company recorded restructuring charges of $ 0.6 million and...

...Since the restructuring activities were announced in May 2020, the Company has incurred aggregate restructuring and restructuring-related costs of $ 9.9 million. Overall, the Company expects to incur a total of approximately $ 10.1 million in restructuring and restructuring-related costs, which are to be paid through the second...

...Project Momentum restructuring and related costs since inception are $190.2. Refer to Note 4, Restructuring, to the Consolidated (Condensed) Financial Statements for additional discussion on the Company's restructuring costs. 30 Although the Company's Project Momentum restructuring costs are recorded outside of segment profit, if allocated to our...

...RESTRUCTURING ACTIVITIES Fiscal 2026 Oracle Restructuring Plan During the first quarter of fiscal 2026, our management approved, committed to and initiated plans to restructure and further improve efficiencies in our operations due to our acquisitions and certain other operational activities (2026 Restructuring Plan). The total estimated restructuring costs associated with...

...Asset Impairments, Restructuring, and Other Charges, Net (Dollars in millions) Third Quarter First Nine Months 2025 2024 2025 2024 Asset impairments $ - $ 5 $ - $ 5 Severance charges 14 10 25 21 Restructuring and other charges 6 15 17 15 Total $ 20 $ 30 $ 42 $ 41 For detailed information regarding asset impairments, restructuring, and...

...Restructuring and Asset-Related Charges, Net We engage in restructuring activities focused on improving productivity and operating margins. Restructuring costs primarily relate to costs associated with workforce reductions, plant consolidations and closures, and changes to the management structure to align with our operations. Other restructuring associated costs, net primarily consist...

...Restructuring and Other Charges (Income) Our restructuring and other charges (income) are comprised of restructuring, asset disposals and other charges (income) as noted below. Three Months Ended June 30, Six Months Ended June 30, (in Millions) 2024 2023 2024 2023 Restructuring charges $ 83.8 $ ( 0.9 ) $ 117.5 $ - Other charges...

...Restructuring and Asset-Related Charges We engage in restructuring activities focused on improving productivity and operating margins. Restructuring costs primarily relate to costs associated with workforce reductions, plant consolidations and closures, and changes to the management structure to align with our operations. Other restructuring associated costs, net primarily consist of...

...IMPAIRMENT, RESTRUCTURING AND OTHER Activity described herein is classified within the “Cost of sales-impairment, restructuring and other” and “Impairment, restructuring and other” lines in the Condensed Consolidated Statements of Operations. The following table details impairment, restructuring and other charges (recoveries) for each of the periods presented: Three Months Ended...

...See Note 9 , “Restructuring and Related Charges” for more details on the Global Restructuring Program charges. Business Optimization Program For both the three months ended October 31, 2025 and 2024, we recorded net pretax restructuring credits of less than $(0.1) million related to this program. See Note 9 , “Restructuring...

...See Note 9 , “Restructuring and Related Charges” for more details on the Global Restructuring Program charges. Business Optimization Program For both the three months ended October 31, 2025 and 2024, we recorded net pretax restructuring credits of less than $(0.1) million related to this program. See Note 9 , “Restructuring...

...The restructuring actions relate to cost reduction initiatives and consist primarily of workforce reductions and lease contract terminations. The restructuring actions are expected to be substantially completed by fiscal 2023. Adient's restructuring plans include workforce reductions of approximately 15,000 employees. Restructuring charges associated with employee severance and termination...

...Amounts related to the reorganization of operations in China are included within Other restructuring. Restructuring Accruals. The following table summarizes the accrual balance and utilization for restructuring actions, which are primarily for severance costs: (dollars in millions) UpLift Actions Other Actions Total Restructuring Actions Restructuring accruals as of December 31...

...Total estimated amount expected to be incurred Plan expense estimates: (Dollars in millions) Restructuring charges (1) $ 5 million to $ 8 million Restructuring related charges (2) $ 19 million to $ 22 million Total restructuring and restructuring related charges $ 24 million to $ 30 million (1) Substantially all of the charges consist of employee...

...Restructuring and Asset Impairment Charges Restructuring During the three and nine months ended September 30, 2024, we incurred restructuring charges of $ 4 million and $ 36 million, respectively. For the three and nine months ended September 30, 2024, the charges incurred primarily related to strengthening our competitive positioning and the integration...

...Restructuring Costs Quarter Ended March 31, (dollars in millions) 2024 2023 UpLift restructuring action costs $ 1 $ - Other restructuring action costs 19 5 Total restructuring costs $ 20 $ 5 We initiate restructuring actions to keep our cost structure competitive. Charges generally arise from severance related to workforce reductions, and facility exit and...

...Other charges include consulting fees and expenses for changes to supporting IT systems that are enabling the Company to complete the restructuring activities. Fiscal Year 2025 Restructuring Actions: In the first quarter of fiscal 2025, the Company announced enterprise-wide restructuring focused on recovering operating margins and optimizing our manufacturing...

...Other charges include consulting fees and expenses for changes to supporting IT systems that are enabling the Company to complete the restructuring activities. Fiscal Year 2025 Restructuring Actions: In the first quarter of fiscal 2025, the Company announced enterprise-wide restructuring focused on recovering operating margins and optimizing our manufacturing...

...See Note 18, “Segment Information,” for restructuring, impairment and transaction-related charges by segment. Restructuring Charges The Company has a restructuring program related to eliminating excess manufacturing capacity and properly aligning its cost structure. The Company classifies the following charges as restructuring: • Employee termination charges are incurred when the Company...

...Restructuring and Asset Impairment Charges Restructuring From time to time, the Company will incur costs related to restructuring actions in order to optimize our cost base and more strategically position itself. During the three months ended March 31, 2023, we incurred restructuring costs of $ 6 million. We incurred these charges...