Restructuring Charges (Tables)

12 Months Ended

Dec. 31, 2020

Information regarding restructuring charges


	Incurred in 2020		Aggregate Incurred Through 12/31/2020		Total Expected to be Incurred
Severance and related expense	$	4.9	$	6.2	$	6.9
Asset write-offs and accelerated depreciation	2.0		3.6		3.6

Accelerated depreciation on right-of-use assets from operating leases	(0.1)		1.0		1.0
Other	4.0		4.6		5.1
Total	$	10.8	$	15.4	$	16.6

Information regarding restructuring charges by segment

We operate in three reportable business segments of the HVACR industry. Our segments are organized primarily by the nature of the products and services we provide. The following table describes each segment:

Segment

Products or Services

Markets Served

Geographic Areas

Residential Heating & Cooling

Furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, replacement parts and supplies

Residential Replacement;
Residential New Construction

United States
Canada

Commercial Heating & Cooling

Unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment, variable refrigerant flow commercial products

Light Commercial

United States
Canada

Refrigeration(2)

Condensing units, unit coolers, fluid coolers, air- cooled condensers, air handlers, process chillers, controls, and compressorized racks

Light Commercial;
Food Preservation;
Non-Food/Industrial

United States

Canada

Europe(1)

(1) Effective January 1, 2019, we realigned our segment structure. We shifted financial reporting of the European Commercial HVAC business from our Commercial Heating & Cooling segment to our Refrigeration segment as we manage both our commercial HVAC and refrigeration operations in Europe together. We have revised our historical segment results to present them on a comparable basis.

(2) Descriptions of the products, services, markets and geographic areas of divested businesses were excluded from this table. Refer to Note 7 for details regarding the divestitures of our Australia, Asia, South America and Kysor Warren businesses.

While restructuring charges are excluded from our calculation of segment profit (loss), the table below presents the restructuring charges associated with each segment (in millions):


	Incurred in 2020		Aggregate Incurred Through 12/31/2020		Total Expected to be Incurred
Residential Heating & Cooling	$	6.5	$	9.4	$	9.4
Commercial Heating & Cooling	1.6		3.3		3.8
Refrigeration	1.5		1.5		2.2
Corporate & Other	1.2		1.2		1.2
Total	$	10.8	$	15.4	$	16.6