Restructuring and Other Related Charges (Tables)

12 Months Ended

Dec. 31, 2019

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):

	2019		2018		2017
Employee severance related	$	53.0	$	5.0	$	13.8
Facility exit and other related	3.6		0.9		2.5
Impairment charges	—		1.1		2.3
Total restructuring and other related charges	$	56.6	$	7.0	$	18.6

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

	2019		2018		2017
Cost of sales	$	15.8	$	2.0	$	2.0
Selling, general, and administrative expenses	40.8		5.0		16.6
Total	$	56.6	$	7.0	$	18.6

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

	2019		2018		2017
Professional Instrumentation	$	47.8	$	4.5	$	12.8
Industrial Technologies	8.8		2.5		5.8
Total	$	56.6	$	7.0	$	18.6

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 2019 and 2018 restructuring actions ($ in millions): 

	Balance as of January 1, 2018		Costs Incurred		Paid/ Settled			Balance  as of December 31, 2018		Costs Incurred		Paid/ Settled			Balance as of December 31, 2019
Employee severance and related	$	9.5	$	5.0	$	(9.6	)	$	4.9	$	53.0	$	(21.0	)	$	36.9
Facility exit and other related	0.8		2.0		(2.3		)	0.5		3.6		(3.7		)	0.4
Total	$	10.3	$	7.0	$	(11.9	)	$	5.4	$	56.6	$	(24.7	)	$	37.3