Restructuring Expenses and Related Asset Impairments

9 Months Ended

Sep. 30, 2013

Restructuring and Related Activities [Abstract]

Restructuring Expenses and Related Asset Impairments

In the third quarter of 2013, Grace incurred cost from restructuring actions as a result of changes in the business environment and business structure. Grace incurred $3.6 million ($1.2 million in Construction Products and $2.0 million in Catalysts Technologies, and $0.4 million in Materials Technologies) of restructuring expenses and related asset impairments during the 2013 third quarter, compared with $1.1 million during the 2012 third quarter. Substantially all costs related to the restructuring programs are expected to be paid by December 31, 2014.



Restructuring Expenses and Related Asset Impairments (In millions)	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
Severance and other employee related costs	$	1.5	$	0.5	$	5.7	$	5.4
Asset impairments and other restructuring costs	2.1		0.6		3.0		1.0
Total restructuring expenses and related asset impairments	$	3.6	$	1.1	$	8.7	$	6.4



Restructuring Liability (In millions)	Total
Balance, December 31, 2012	$	3.0
Accruals for severance and other costs	6.0
Payments	(3.8		)
Balance, September 30, 2013	$	5.2

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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