Company: UIS
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000746838-25-000008
Chunk: 115

Company: UNISYS CORP
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 115
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 cost-reduction efforts. The charges (credits) were recorded in the following statement of income (loss) classifications:Year ended December 31,202420232022Cost of revenueServices$8.0 $4.9 $19.1 Technology4.1 0.7 7.6 Selling, general and administrative6.0 6.9 24.7 Research and development(0.1)0.5 0.6 Other (expense), net2.6 (3.7)2.9 Total$20.6 $9.3 $54.9 

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Liabilities and expected future payments related to the company’s workforce reduction actions are as follows:TotalU.S.InternationalBalance at December 31, 2021$16.3 $5.7 $10.6 Additional provisions7.1 3.6 3.5 Payments(11.5)(4.1)(7.4)Changes in estimates0.4 (1)1.4 Translation adjustments(0.6)— (0.6)Balance at December 31, 202211.7 4.2 7.5 Additional provisions15.2 3.4 11.8 Payments(10.8)(3.5)(7.3)Changes in estimates(6.9)(1.6)(5.3)Translation adjustments0.2 — 0.2 Balance at December 31, 20239.4 2.5 6.9 Additional provisions23.7 7.5 16.2 Payments(9.6)(2.5)(7.1)Changes in estimates(10.2)(3.1)(7.1)Translation adjustments(0.3)— (0.3)Balance at December 31, 2024$13.0 $4.4 $8.6 Expected future payments on balance at December 31, 2024:In 2025$13.0 $4.4 $8.6 

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Note 5 — Leases and commitments

LeasesThe company determines if an arrangement is a lease at inception. This determination generally depends on whether the arrangement conveys to the company the right to control the use of an explicitly or implicitly identified asset for a period of time in exchange for consideration. Control of