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Restructuring
 9 Months Ended
Sep. 30, 2020
Restructuring and Related Activities [Abstract]  
Restructuring RESTRUCTURING
Restructuring charges primarily consist of employee separation benefits under existing severance programs, foreign statutory termination benefits, certain one-time termination benefits, contract termination costs, asset impairment charges and other costs that are associated with restructuring actions. Certain restructuring charges are accrued prior to payments made in accordance with applicable guidance. For such charges, the amounts are determined based on estimates prepared at the time the restructuring actions were approved by management. Certain restructuring charges such as inventory write offs due to restructuring are reported in Cost of products and are included in each segment's operating profit given the nature of the item. All other restructuring charges that are reported as Restructuring expenses are excluded from the calculation of each segment's operating profit.

In the first quarter of 2018, the Company implemented a restructuring plan ("2018 restructuring plan") to address its global processes to flatten the organization, improve efficiency and better leverage general and administrative resources primarily within the JBT FoodTech segment. We have recognized cumulative restructuring charges of $62.5 million, net of cumulative releases of the related liability of $11.6 million, and have completed this plan this quarter.

In the first quarter of 2020, the Company implemented an immaterial restructuring plan primarily within the JBT AeroTech segment. Through September 30, 2020, we have recognized restructuring charges of $2.6 million related to severance. We have completed this plan this quarter.

In the third quarter of 2020, the Company implemented a restructuring plan ("2020 restructuring plan") for manufacturing capacity rationalization affecting both JBT FoodTech and JBT AeroTech segments. The total estimated cost in connection with this plan is in the range of $7 million to $8.5 million for FoodTech and in the range of $6 million to $6.5 million for AeroTech. We have recognized restructuring charges of $8.5 million through September 30, 2020, and expect to recognize the remaining costs by end of the year 2021.

The following table details the cumulative restructuring charges reported in operating income for the active restructuring plans since the implementation of these plans: 
Cumulative AmountFor the Three Months EndedCumulative Amount
(In millions)Balance as of December 31, 2019March 31, 2020June 30, 2020September 30, 2020September 30, 2020
2018 restructuring plan
Severance and related expense $25.4 $2.2 $0.1 $— $27.7 
Other 45.6 0.1 0.5 0.2 46.4 
2020 restructuring plan
Severance and related expense— — — 5.9 5.9 
Inventory write-off— — — 1.9 1.9 
Other— — — 0.7 0.7 
Other
Severance and related expense — 0.7 1.6 0.3 2.6 
Total Restructuring charges$71.0 $3.0 $2.2 $9.0 $85.2 
Restructuring charges, net of related release of liability, is reported within the following financial statement line items of the accompanying Consolidated Statements of Income:

Three Months Ended September 30,Nine Months Ended September 30,
(In millions)2020201920202019
Cost of products(1)
$1.9 $— $1.9 $— 
Restructuring expense7.1 1.3 11.2 11.5 
Total restructuring charge$9.0 $1.3 $13.1 $11.5 

(1) Restructuring charge reported in Cost of products is related to inventory write-off resulting from the 2020 restructuring plan.

Liability balances for restructuring activities are included in other current liabilities in the accompanying Balance Sheet. The table below details the activities in 2020:
Impact to Earnings
(In millions)Balance as of December 31, 2019Charged to EarningsReleasesCash PaymentsBalance as of September 30, 2020
2018 restructuring plan
Severance and related expense $4.2 $2.3 $(0.8)$(4.6)1.1 
Other 1.5 $0.8 (0.3)(1.9)0.1 
2020 restructuring plan
Severance and related expense— 5.9 — (3.4)2.5 
Other— 0.7 — (0.3)0.4 
Other
Severance and related expense — 2.6 — (2.1)0.5 
Total $5.7 $12.3 $(1.1)$(12.3)4.6 

The Company released $1.1 million of liability during the nine months ended September 30, 2020 which it no longer expects to pay in connection with the 2018 restructuring plan due to actual severance payments differing from the original estimates and natural attrition of employees.