Company: PRGO
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001585364-25-000156
Chunk: 53

Company: PERRIGO Co plc
Filing Date: 2025-11-05
Form: 10-Q
Item: Part II, Item 1
Chunk 53
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7.3 — 90.6 0.2 98.1 Payments(7.0)(2.4)(43.5)(1.7)(54.6)Non-cash adjustments(0.3)— (11.2)0.1 (11.4)Ending balance$0.7 $4.4 $38.8 $0.4 $44.3 The charges incurred during the three months ended September 27, 2025 were primarily associated with employee separation costs as a result of actions taken on Project Energize. The charges incurred during the nine months ended September 27, 2025 were primarily associated with employee separation costs as a result of actions taken on the Nutrition Network Optimization Project and Project Energize. The charges incurred during the three and nine 

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Perrigo Company plc - Item 1Note 15

months ended September 28, 2024 were primarily associated with actions taken on Project Energize associated with employee separation, consulting fees and lease exit costs. Of the amount recorded during the three and nine months ended September 27, 2025, $7.8 million and $12.7 million was related to our CSCI segment, due primarily to Project Energize, and $7.1 million and $32.2 million related to our CSCA segment, due primarily to Project Energize and Nutrition Network Optimization, and $5.9 million and $14.0 million was related to our Unallocated segment, due primarily to Project Energize. Of the amount recorded during the three and nine months ended September 28, 2024, $9.1 million and $48.8 million was related to our CSCI segment and $5.4 million and $23.8 million was related to our CSCA segment, and $2.3 million and $25.5 million was related to our Unallocated segment. For all segments, amounts were due primarily to Project Energize.

There were no other material restructuring programs for the periods presented. All charges are recorded in Restructuring expense on the Condensed Consolidated Statements of Operations. The remaining $50.4 million liability for employee severance benefits and consulting fees is expected to be mostly paid within the next year, with the exception of the entirety of all charges recorded for the Nutrition Network Optimization, which are recorded as a long term liability on the Condensed Consolidated Balance Sheets as they are not currently expected to be paid out until