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Restructuring and Related Charges
 12 Months Ended
Sep. 30, 2016
Restructuring and Related Activities [Abstract]  
Restructuring and Related Charges
6.
Restructuring and Related Charges
During fiscal 2013, the Company launched a restructuring program designed to improve its cost structure ("the 2013 Mallinckrodt Program"). The 2013 Mallinckrodt Program included actions across the Specialty Brands, Specialty Generics and former Global Imaging segments, as well as within corporate functions. The Company expected to incur charges of $100.0 million to $125.0 million under this program as the specific actions required to execute on these initiatives were identified and approved. As of September 30, 2016, the Company has substantially completed the 2013 Mallinckrodt Program.
In July 2016, the Company's Board of Directors approved a $100.0 million to $125.0 million restructuring program ("the 2016 Mallinckrodt Program") designed to further improve its cost structure, as the Company continues to transform its business. The 2016 Mallinckrodt Program is expected to include actions across the Specialty Brands and Specialty Generics segments, as well as within corporate functions. There is no specified time period associated with the 2016 Mallinckrodt Program.
In addition to the 2016 Mallinckrodt Program and the 2013 Mallinckrodt Program, the Company has taken restructuring actions to generate synergies from its acquisitions.

Net restructuring and related charges by segment from continuing operations are as follows:
 
Fiscal Year
 
2016
 
2015
 
2014
Specialty Brands
$
23.3

 
$
36.5

 
$
57.0

Specialty Generics
3.4

 
4.5

 
9.8

Corporate
11.5

 
4.3

 
1.4

Restructuring and related charges, net
38.2

 
45.3

 
68.2

Less: accelerated depreciation
(4.9
)
 
(0.3
)
 
(0.2
)
Restructuring charges, net
$
33.3

 
$
45.0

 
$
68.0



Net restructuring and related charges by program from continuing operations are comprised of the following:
 
Fiscal Year
 
2016
 
2015
 
2014
2016 Mallinckrodt Program
$
8.3

 
$
—

 
$
—

2013 Mallinckrodt Program
26.2

 
12.0

 
13.6

Acquisition programs
3.7

 
33.6

 
56.4

Other programs
—

 
(0.3
)
 
(1.8
)
Total programs
38.2

 
45.3

 
68.2

Less: non-cash charges, including impairments and accelerated share based compensation expense
(4.9
)
 
(10.1
)
 
(37.7
)
Total charges expected to be settled in cash
$
33.3

 
$
35.2

 
$
30.5



Non-cash charges in fiscal 2015 and 2014 include $9.8 million and $35.1 million, respectively, of accelerated share based compensation expense related to employee terminations, primarily related to the Questcor acquisition, and fiscal 2014 includes $2.3 million of property, plant and equipment asset impairments.
The following table summarizes cash activity for restructuring reserves, substantially all of which related to employee severance and benefits, with the exception of $8.5 million in fiscal 2014 related to consulting costs associated with restructuring initiatives related to the CMDS business:
 
2016 Mallinckrodt Program
 
2013 Mallinckrodt Program
 
Acquisition Programs
 
Other Programs
 
Total
Balance at September 27, 2013
$
—

 
$
14.9

 
$
—

 
$
10.6

 
$
25.5

Charges from continuing operations
—

 
19.2

 
22.9

 
1.4

 
43.5

Charges from discontinued operations
—

 
39.0

 
—

 
1.1

 
40.1

Changes in estimate from continuing operations
—

 
(7.3
)
 
(1.6
)
 
(4.1
)
 
(13.0
)
Changes in estimate from discontinued operations
—

 
(2.1
)
 
—

 
(0.7
)
 
(2.8
)
Cash payments
—

 
(34.8
)
 
(13.4
)
 
(6.8
)
 
(55.0
)
Reclassifications (1)
—

 
(1.3
)
 
—

 
(1.0
)
 
(2.3
)
Currency translation
—

 
(1.0
)
 
—

 
(0.1
)
 
(1.1
)
Balance at September 26, 2014
—

 
26.6

 
7.9

 
0.4

 
34.9

Charges from continuing operations
—

 
11.7

 
25.3

 
—

 
37.0

Charges from discontinued operations
—

 
4.7

 
—

 
—

 
4.7

Changes in estimate from continuing operations
—

 
—

 
(1.5
)
 
(0.3
)
 
(1.8
)
Changes in estimate from discontinued operations
—

 
(8.9
)
 
—

 
—

 
(8.9
)
Cash payments
—

 
(22.5
)
 
(21.7
)
 
(0.1
)
 
(44.3
)
Reclassifications (1)
—

 
(3.0
)
 
—

 
—

 
(3.0
)
Currency translation
—

 
(0.6
)
 
—

 
—

 
(0.6
)
Balance at September 25, 2015
—

 
8.0

 
10.0

 
—

 
18.0

Charges from continuing operations
6.4

 
24.6

 
5.0

 
—

 
36.0

Charges from discontinued operations
—

 
2.5

 
—

 
—

 
2.5

Changes in estimate from continuing operations
—

 
(1.4
)
 
(1.3
)
 
—

 
(2.7
)
Changes in estimate from discontinued operations
—

 
(0.3
)
 
—

 
—

 
(0.3
)
Cash payments
(0.2
)
 
(20.3
)
 
(13.2
)
 
—

 
(33.7
)
Reclassifications (1)
—

 
(1.3
)
 
—

 
—

 
(1.3
)
Balance at September 30, 2016
$
6.2

 
$
11.8

 
$
0.5

 
$
—

 
$
18.5


(1)
Represents the reclassification of pension and other postretirement benefits from restructuring reserves to pension and postretirement obligations.

Net restructuring and related charges, including associated asset impairments, incurred cumulative to date related to the 2016 and 2013 Mallinckrodt Programs are as follows:
 
2016 Mallinckrodt Program
 
2013 Mallinckrodt Program
Specialty Brands
$
4.7

 
$
18.8

Specialty Generics
0.5

 
18.3

Discontinued Operations (including Nuclear and CMDS)
—

 
69.9

Corporate
3.1

 
18.4

 
$
8.3

 
$
125.4


Substantially all of the restructuring reserves are included in accrued and other current liabilities on the Company's consolidated balance sheets.