RESTRUCTURING

Restructuring costs primarily consist of employee separation benefits under our 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 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.

During the fourth quarter of 2013, we implemented a restructuring plan that included management changes both in the U.S. and in non-U.S. subsidiaries. We incurred severance costs of $1.6 million in connection with this plan in the fourth quarter of 2013. We completed the plan during 2015.

In the first quarter of 2014, we implemented a plan to optimize the overall JBT cost structure on a global basis. The initiatives under this plan include streamlining operations, consolidating certain facilities and enhancing our general and administrative infrastructure. Remaining payments required under this plan are expected to be paid in 2015 and 2016.

Additional information regarding the restructuring activities is presented in the tables below:



(In millions)
	Charges incurred during the twelve months ended December 31,
	2015			2014		2013
Severance and related expense	$	(1.5	)	$	11.1	$	1.6
Asset write-offs	—			0.5		—
Other	1.5			2.9		—
Total Restructuring charges	$	—		$	14.5	$	1.6

While restructuring charges are excluded from our calculation of segment operating profit, the table below presents the restructuring charges associated with each segment and with corporate activities for the years ended on December 31,:



(In millions)	2015			2014		2013
JBT FoodTech	$	—		$	11.1	$	0.6
JBT AeroTech	(0.5		)	1.5		—
Corporate	0.5			1.9		1.0
Total Restructuring charges	$	—		$	14.5	$	1.6

Liability balances for restructuring activities are included in other current liabilities in the accompanying consolidated balance sheets. The table below details the activity in 2015:



(In millions)	Balance as of December 31, 2014		Charged to Earnings			Payments Made /Charges Applied			Balance as of December 31, 2015
Severance and related expense	$	7.6	$	(1.5	)	$	(3.5	)	$	2.6
Other	—		1.5			(1.5		)	—
Total	$	7.6	$	—		$	(5.0	)	$	2.6