RESTRUCTURING COSTS (Tables)

12 Months Ended

Dec. 31, 2022

Restructuring and Related Activities [Abstract]

Summary of the Change in the Liability for the Restructuring of Operations

The current liability and non-current liability for estimated restructuring costs is recorded in "Accrued expenses and other liabilities” and "Other long-term liabilities", respectively, on the Consolidated Balance Sheets.

The change in the current liability for restructuring costs for the year ended December 31, 2022 were as follows:

	December 31, 2021		Paid/Utilized		Expense		December 31, 2022
Severance and benefits	$	33.8	$	(16.7)	$	(1.8)	$	15.3
Plant closing and other	0.2		(2.6)		2.5		0.1
Total	$	34.0	$	(19.3)	$	0.7	$	15.4

The change in the current liability for restructuring costs for the year ended December 31, 2021 were as follows:

	December 31, 2020		Paid/Utilized		Expense		December 31, 2021
Severance and benefits	$	68.9	$	(31.8)	$	(3.3)	$	33.8
Plant closing and other	0.4		(4.9)		4.7		0.2
Total	$	69.3	$	(36.7)	$	1.4	$	34.0

The change in the current liability for restructuring costs for the year ended December 31, 2020 were as follows:

	December 31, 2019		Paid/ Utilized		Expense		December 31, 2020
Severance and benefits	$	21.6	$	(23.2)	$	70.5	$	68.9
Plant closing and other	0.6		(3.6)		3.4		0.4
Total	$	22.2	$	(26.8)	$	73.9	$	69.3

Summary of Restructuring Costs by Segment

Restructuring expense by business segment were as follows:

	December 31, 2022		December 31, 2021		December 31, 2020
Americas	$	1.9	$	4.0	$	15.5
Asia Pacific	(1.7)		3.1		10.4
Europe, Middle East & Africa(1)	0.7		(7.1)		42.7
Corporate	(0.2)		1.4		5.3
Total	$	0.7	$	1.4	$	73.9

(1)     During 2021, a previously recorded restructuring reserve was relieved due to the sale of a heavy industrial UPS business, refer to “Note 5 - Goodwill and Other Intangibles” for more information.