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...Restructuring and Impairments Strategic Restructuring Plan In 2024, the Company announced a strategic restructuring plan (the “Strategic Restructuring Plan”) designed to free up additional funds to invest in music and accelerate the Company’s growth for the next decade. The Company expects to incur total non-recurring restructuring charges of...

...Restructuring and Transaction Related Expenses Restructuring and transaction related expenses decreased by $19 million, primarily due to a $9 million decrease in restructuring expenses related to our 2024 Global Restructuring plan and a $5 million decrease in restructuring expenses related to our Acquisition Integration plans. Provision for Income Taxes Our...

...4, we entered into the Restructuring Support Agreement, and other related agreements, as discussed below. Debt Exchange and Related Agreements On January 14, 2025, we entered into a Restructuring Support Agreement (the “Restructuring Support Agreement”) with Bluescape, and Ascend in connection with certain restructuring and recapitalization transactions with respect to...

...Non-current restructuring liability 37 3 40 Current restructuring liability at June 30, 2021 $ 97 $ 7 $ 104 In 2022, the Company approved individual restructuring actions that primarily related to specific reductions in headcount. 2020 Structural Costs Plan In February 2020, the Company announced a restructuring plan to address existing structural...

...The Company expects restructuring activities associated with the Program to be substantially completed by the end of 2021. The Board of Directors has approved cumulative restructuring spend of $ 190 million to $ 220 million for the Program. Restructuring spend is estimated to be incurred as follows: (In millions) Total Restructuring Program...

...Restructuring costs are included in restructuring and impairment costs in the consolidated statements of income. The following tables summarize the changes in Adient's restructuring reserve. For the three months ended March 31, 2024: (in millions) Employee Severance and Termination Benefits Currency Translation Total Balance at December 31, 2023 $ 58...

...Share-based payments and certain restructuring and other costs are recorded in corporate expenses. (2) The restructuring and other costs line item in this reconciliation excludes those restructuring and other costs related to corporate functions, which are included within the Corporate expenses line item. (3) Other reconciling items includes Loss...

...Product category performance is measured based upon net sales before returns associated with restructuring and other activities, and operating income (loss) before charges associated with restructuring and other activities. Returns and charges associated with restructuring and other activities are not allocated to the Company's product categories or geographic regions...

...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 March 31, (in Millions) 2025 2024 Restructuring charges $ 13.6 $ 33.7 Other charges (income), net 4.2 7.2 Total restructuring and...

...Restructuring In February 2022, we announced and began implementing the 2022 Restructuring Plan and in April 2024, our Board of Directors approved a restructuring plan to expand upon the 2022 Restructuring Plan (as expanded and collectively with the 2022 Restructuring Plan, the “2024 Restructuring Plan”). As of June 30, 2025...

...Restructuring and Asset Impairment Charges Restructuring During the three months ended March 31, 2024, we incurred restructuring costs of $ 9 million. We incurred these charges primarily as a result of our acquisition of Evoqua. Approximately $ 5 million of the charges represented the reduction of headcount related to the integration of...

...Restructuring and other costs for the three months ended June 30, 2025 were $23.2 million, which included restructuring charges of $13.5 million and other costs of $9.7 million. Restructuring and other costs were primarily related to exit costs and headcount reductions in the Climate & Sustainability Technologies, Clean...

...Restructuring and Other Restructuring and other includes restructuring and severance costs, certain transaction and other costs, and certain unusual items, when applicable. During the three and nine months ended December 31, 2022 and 2021, the Company also incurred certain other unusual charges or benefits, which are included in direct operating...

...Restructuring and Other Restructuring and other includes restructuring and severance costs, certain transaction and other costs, and certain unusual items, when applicable. During the three and nine months ended December 31, 2022 and 2021, the Company also incurred certain other unusual charges or benefits, which are included in direct operating...

...In addition to restructuring costs, the Company incurs incremental manufacturing inefficiency costs at the operating locations impacted by the restructuring actions during the related restructuring implementation period. Restructuring costs are recognized in the Company's condensed consolidated financial statements in accordance with GAAP. Generally, charges are recorded when restructuring actions...

...These restructuring expenses were primarily associated with restructuring actions focused on the rotation of our manufacturing footprint to best cost locations and the reduction of global overhead costs. 10 Restructuring Expenses, Net By Reporting Segment The following table summarizes restructuring expenses, net for the three and nine months ended September...

...These restructuring expenses were primarily associated with restructuring actions focused on the rotation of our manufacturing footprint to best cost locations and the reduction of global overhead costs. 10 Restructuring Expenses, Net By Reporting Segment The following table summarizes restructuring expenses, net for the three and nine months ended September...

...RESTRUCTURING ACTIVITIES Fiscal 2024 Oracle Restructuring Plan During fiscal 2024, 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 (2024 Restructuring Plan). The total estimated restructuring costs associated with the 2024 Restructuring Plan...

...RESTRUCTURING AND RELATED CHARGES During Fiscal 2025, the Company's Board of Directors approved a restructuring plan (the "2025 restructuring plan") designed to strengthen and support the Company's financial and operational efficiencies. The 2025 restructuring plan is expected to range between $ 140 million to $ 160 million of pre-tax...

...Restructuring and Other Charges Restructuring and other charges, net includes restructuring charges (credits) and impairment and accretion expense charges related to the lease assets of exited facilities. Refer to Note 14. Leases for additional information about exited facilities. In the three months ended March 31, 2022, restructuring and other charges...