Restructuring (Tables)

9 Months Ended

Sep. 30, 2020

Restructuring and Related Activities [Abstract]

Schedule of restructuring expense

The following table details the cumulative restructuring charges reported in operating income for the active restructuring plans since the implementation of these plans: 

	Cumulative Amount		For the Three Months Ended						Cumulative Amount
(In millions)	Balance as of December 31, 2019		March 31, 2020		June 30, 2020		September 30, 2020		September 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

Schedule of restructuring expense by consolidated income statement location

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)	2020		2019		2020		2019
Cost of products(1)	$	1.9	$	—	$	1.9	$	—
Restructuring expense	7.1		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

Schedule of restructuring reserve by type of cost

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, 2019		Charged to Earnings		Releases		Cash Payments		Balance 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