Company: THS
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001320695-25-000107
Chunk: 41

Company: TreeHouse Foods, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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The costs by activity for the Restructuring Programs are outlined below:Three Months Ended September 30,Nine Months Ended September 30,2025202420252024(In millions)Organizational restructuring$20.8 $3.1 $46.3 $16.9 Facility closures13.23.721.68.1Total$34.0 $6.8 $67.9 $25.0 

10

TREEHOUSE FOODS, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

Below is a summary of costs by line item for the Restructuring Programs:Three Months Ended September 30,Nine Months Ended September 30,2025202420252024(In millions)Cost of sales$6.7 $1.7 $12.4 $1.7 Other operating expense, net27.3 5.1 55.5 23.3 Total$34.0 $6.8 $67.9 $25.0 The table below presents the exit cost liability related to severance activity for the Restructuring Programs as of September 30, 2025: Severance (In millions)Balance as of December 31, 2024$1.8 Expenses recognized19.5 Cash payments(7.0)Balance as of September 30, 2025$14.3  The severance liabilities are included in Accrued expenses in the Condensed Consolidated Balance Sheets.(1) Organizational restructuringOrganizational restructuring activities primarily relate to professional fees, consulting services, retention costs, severance costs, organizational redesign activities, information technology system implementation, and other costs associated with ongoing restructuring and exit activities.In April 2025, the Company announced a restructuring of our current business, including a reorganization of our corporate support functions, to drive greater operational efficiency, achieve significant cost-savings, and enhance profitability and cash flow, while improving quality and service levels. This resulted in fees related to consulting services and employee-related severance costs.Below is a summary of costs by type associated with organizational restructuring activities:Three Months Ended September 30,Nine Months Ended September 30,2025202420252024(In millions)Asset-related$— $— $1.4 $— Employee-related10.4 0.2 19.2 7.5 Other costs