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RESTRUCTURING COSTS
 9 Months Ended
Sep. 30, 2022
Restructuring and Related Activities [Abstract]  
Restructuring Costs
(5) RESTRUCTURING COSTS
Restructuring costs include expenses associated with the Company’s efforts to continually improve operational efficiency and reposition its assets to remain competitive on a worldwide basis. Plant closing and other costs include costs of moving fixed assets, employee training, relocation, and facility costs.
Restructuring costs by business segment were as follows:
Three months ended September 30, 2022Three months ended September 30, 2021Nine months ended September 30, 2022Nine months ended September 30, 2021
Americas$0.4 $0.3 $1.4 $2.4 
Asia Pacific(1.7)— (1.7)3.4 
Europe, Middle East & Africa (1)
(0.1)(4.1)0.6 (6.8)
Corporate(0.1)— (0.2)0.3 
Total$(1.5)$(3.8)$0.1 $(0.7)
(1)    During the third quarter of 2021, a previously recorded restructuring reserve was reversed due to the planned sale of a heavy industrial UPS business. In order to adjust the business to the current fair value, less expected costs to sell, the Company recorded a $8.7 impairment in “Asset impairments” on the Unaudited Condensed Consolidated Statements of Earnings (Loss) for the three and nine months ended September 30, 2021.
The change in the liability for the restructuring of operations during the nine months ended September 30, 2022 were as follows:
December 31, 2021 ExpensePaid/Utilized September 30, 2022
Severance and benefits$33.8 $(1.7)$(15.7)$16.4 
Plant closing and other0.2 1.8 (1.8)0.2 
Total$34.0 $0.1 $(17.5)$16.6 
The change in the liability for the restructuring of operations during the nine months ended September 30, 2021 were as follows:
December 31, 2020 ExpensePaid/Utilized September 30, 2021
Severance and benefits$68.9 $(4.8)$(21.0)$43.1 
Plant closing and other0.4 4.1 (3.9)0.6 
Total$69.3 $(0.7)$(24.9)$43.7