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RESTRUCTURING AND OTHER RELATED CHARGES
 12 Months Ended
Dec. 31, 2022
Restructuring and Related Activities [Abstract]  
RESTRUCTURING AND OTHER RELATED CHARGES
NOTE 15. RESTRUCTURING AND OTHER RELATED CHARGES
The nature of our material restructuring and related activities initiated in 2021 and 2020 were broadly consistent throughout our segments and focused on improvements in operational efficiency through targeted workforce reductions and facility consolidations and closures. We incurred these costs to position ourselves to provide superior products and services to our customers in a cost-efficient manner, while taking into consideration the impact of the separation of Vontier and the broad economic uncertainties, including those created by the COVID-19 pandemic. All planned restructuring activities initiated in the 2021 and 2020 plans have been completed by December 31, 2022. We did not initiate material restructuring activities in 2022.
Restructuring and other related charges for the years ended December 31 were as follows ($ in millions):
20212020
Employee severance related$12.8 $21.1 
Facility exit and other related5.9 5.7 
Total restructuring and other related charges$18.7 $26.8 
Restructuring and other related charges recorded for the years ended December 31 by segment were as follows ($ in millions):
20212020
Intelligent Operating Solutions$7.4 $12.5 
Precision Technologies6.8 9.8 
Advanced Healthcare Solutions4.5 4.5 
Total$18.7 $26.8 
The table below summarizes the accrual balance and utilization by type of restructuring cost associated with our 2021 restructuring actions ($ in millions):
Balance
as of
January 1, 2021		Costs
Incurred		Paid/
Settled		Balance 
as of
December
31, 2021		Paid/
Settled		Balance as of December 31, 2022
Employee severance and related$14.8 $12.8 $(17.5)$10.1 $(10.1)$— 
Facility exit and other related0.6 5.9 (5.8)0.7 (0.7)— 
Total$15.4 $18.7 $(23.3)$10.8 $(10.8)$— 
The restructuring and other related charges incurred during 2021 and 2020 were substantially all cash charges. These charges are reflected in the following captions in the Consolidated Statements of Earnings ($ in millions):
20212020
Cost of sales$2.8 $8.2 
Selling, general, and administrative expenses15.9 18.6 
Total$18.7 $26.8