Restructuring and Other Related Charges (Tables)

12 Months Ended

Dec. 31, 2018

Restructuring and Related Activities [Abstract]

Restructuring and other related charges

Restructuring and other related charges for the years ended December 31 were as follows ($ in millions):

	2018		2017		2016
Employee severance related	$	5.0	$	13.8	$	12.8
Facility exit and other related	0.9		2.5		2.6
Impairment charges	1.1		2.3		4.8
Total restructuring and other related charges	$	7.0	$	18.6	$	20.2

These charges are reflected in the following captions in the accompanying Consolidated and Combined Statements of Earnings ($ in millions):

	2018		2017		2016
Cost of sales	$	2.0	$	2.0	$	6.8
Selling, general and administrative expenses	5.0		16.6		13.4
Total	$	7.0	$	18.6	$	20.2

Restructuring and other related charges recorded for the years ended December 31 by segment were as follows ($ in millions):

	2018		2017		2016
Professional Instrumentation	$	4.5	$	12.8	$	6.8
Industrial Technologies	2.5		5.8		13.4
Total	$	7.0	$	18.6	$	20.2

Accrual balance and utilization by type of restructuring cost

The table below summarizes the accrual balance and utilization by type of restructuring cost associated with our 2018 and 2017 restructuring actions ($ in millions): 

	Balance as of January 1, 2017		Costs Incurred		Paid/ Settled			Balance  as of December 31, 2017		Costs Incurred		Paid/ Settled			Balance as of December 31, 2018
Employee severance and related	$	8.3	$	13.8	$	(12.6	)	$	9.5	$	5.0	$	(9.6	)	$	4.9
Facility exit and other related	0.9		4.8		(4.9		)	0.8		2.0		(2.3		)	0.5
Total	$	9.2	$	18.6	$	(17.5	)	$	10.3	$	7.0	$	(11.9	)	$	5.4