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RESTRUCTURING (Tables)
3 Months Ended
Mar. 31, 2017
Restructuring and Related Activities [Abstract]  
Restructuring Charges and Related Reserves Associated with Fuel for Growth
A summary of restructuring charges recognized within other (income)/expenses - net during the three months ended March 31, 2017 and 2016 and related reserves associated with Fuel for Growth as of March 31, 2017 is as follows:
Restructuring Charges
 
Three Months Ended
(Dollars in millions) 
 
March 31, 2017
 
March 31, 2016
Severance and Employee Benefits
 
$
7.9

 
$
8.2

Asset Write-off
 

 
0.3

Other Costs
 
2.0

 
0.6

 
 
$
9.9

 
$
9.1


Restructuring Reserves
 
Severance and Employee Benefits (1)
 
Contract Termination (2)
 
Other Costs (3)
 
Total
(Dollars in millions) 
 
 
 
 
 
 
 
 
Balance as of January 1, 2017
 
$
14.2

 
$
10.3

 
$
3.0

 
$
27.5

Charges
 
7.9

 

 
2.0

 
9.9

Cash Payments
 
(6.3
)
 
(3.5
)
 
(0.3
)
 
(10.1
)
Balance as of March 31, 2017
 
$
15.8

 
$
6.8

 
$
4.7

 
$
27.3

 
 
 
 
 
 
 
 
 
Balance as of January 1, 2016
 
$
9.5

 
$
10.3

 
$

 
$
19.8

Charges
 
8.2

 

 
0.6

 
8.8

Cash Payments
 
(6.9
)
 

 
(0.6
)
 
(7.5
)
Balance as of March 31, 2016
 
$
10.8

 
$
10.3

 
$

 
$
21.1