Herbalife Ltd. Quarterly report [Sections 13 or 15(d)]

Restructuring Activities (Tables)

Restructuring Activities (Tables)

3 Months Ended

Mar. 31, 2025

Restructuring and Related Activities [Abstract]

Schedule of Costs Related to the Transformation Program

Costs related to the Transformation Program were as follows:


	Three Months Ended
	March 31, 2025		March 31, 2024		Cumulative costs incurred to date as of March 31, 2025
	(in millions)
Professional fees	$	—	$	0.9	$	26.5
Retention and separation		—		4.9		64.4
Other		—		0.1		1.6
Total	$	—	$	5.9	$	92.5

Schedule of Changes in the Liabilities Related to the Transformation Program

Changes in the liabilities related to the Transformation Program, which were recognized in other current liabilities within the Company’s condensed consolidated balance sheets, were as follows:


	Professional Fees		Retention and Separation			Other		Total
	(in millions)
Balance as of December 31, 2024	$	—	$	4.7		$	—	$	4.7
Expenses		—		—			—		—
Cash payments		—		(1.0	)		—		(1.0	)
Non-cash items and other		—		—			—		—
Balance as of March 31, 2025	$	—	$	3.7		$	—	$	3.7

Schedule of Costs Related to the Restructuring Program

Costs related to the Restructuring Program were as follows:


	Three Months Ended
	March 31, 2025		March 31, 2024		Cumulative costs incurred to date as of March 31, 2025
	(in millions)
Professional fees	$	—	$	2.8	$	4.6
Retention and separation		3.3		13.9		67.8
Other		—		—		—
Total	$	3.3	$	16.7	$	72.4

Schedule of Changes in the Liabilities Related to the Restructuring Program

Changes in the liabilities related to the Restructuring Program, which were recognized in other current liabilities within the Company’s condensed consolidated balance sheets, were as follows:


	Professional Fees		Retention and Separation			Other		Total
	(in millions)
Balance as of December 31, 2024	$	0.5	$	3.2		$	—	$	3.7
Expenses		—		3.3			—		3.3
Cash payments		—		(4.0	)		—		(4.0	)
Non-cash items and other		—		—			—		—
Balance as of March 31, 2025	$	0.5	$	2.5		$	—	$	3.0