Restructuring Charges

3 Months Ended

Dec. 31, 2019

Project Fuel

In February 2018, the Company announced Project Fuel, an enterprise-wide transformational initiative that is designed to address all aspects of the Company’s business and cost structure, simplifying and transforming the organization, structure, and key processes that will enable the Company to achieve its desired future state operations.

The Company has incurred costs and realized savings for Project Fuel beginning in fiscal 2018 through the first quarter of fiscal 2020 and expects to incur additional costs and realize additional savings through fiscal 2021.

The Company does not include Project Fuel restructuring costs in the results of its reportable segments. The estimated impact of allocating such charges to segment results for fiscal 2020 would have been as follows:


	Three Months Ended December 31, 2019
	Wet Shave		Sun and Skin Care		Feminine Care		All Other		Corporate		Total
Project Fuel
Severance and related benefit costs	$	—	$	—	$	—	$	—	$	1.3	1.3
Asset impairment and accelerated depreciation	—		—		—		—		—		—
Consulting, project implementation and management, and other exit costs	2.8		—		—		—		3.9		6.7
Total Restructuring	$	2.8	$	—	$	—	$	—	$	5.2	$	8.0


	Three Months Ended December 31, 2018
	Wet Shave		Sun and Skin Care		Feminine Care		All Other		Corporate		Total
Project Fuel
Severance and related benefit costs	$	7.3	$	0.5	$	0.3	$	0.1	$	1.0	$	9.2
Asset impairment and accelerated depreciation	—		—		—		—		0.5		0.5
Consulting, project implementation and management, and other exit costs	2.3		—		—		—		6.5		8.8
Total Restructuring	$	9.6	$	0.5	$	0.3	$	0.1	$	8.0	$	18.5

Pre-tax Selling, General and Administrative expense (“SG&A”) of $1.9 and $1.4 for the three months ended December 31, 2019 and 2018, respectively, associated with certain information technology enablement expenses related to Project Fuel were included in Consulting, project implementation and management, and other exit costs.

The following table summarizes the Restructuring activities and related accrual (excluding certain obsolescence charges related to the restructuring) for fiscal 2020:


							Utilized
	October 1, 2019		Charge to Income		Other ⁽¹⁾		Cash		Non-Cash		December 31, 2019
Restructuring
Severance and related benefit costs	$	8.2	$	1.3	$	—	$	(2.6)	$	—	$	6.9
Asset impairment and accelerated depreciation	—		—		—		—		—		—
Consulting, project implementation and management, and other exit costs	1.3		6.7		—		(6.4)		—		1.6
Total Restructuring	$	9.5	$	8.0	$	—	$	(9.0)	$	—	$	8.5

(1)Includes the impact of currency translation.