Restructuring (Tables)

12 Months Ended

Dec. 31, 2021

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Activity

For the years ended December 31, 2021 and 2020, “Restructuring charges, net” were recognized within “Other operating expense, net” in the Consolidated Statements of Operations and consisted of the following.

	2021		2020
Industrial Technologies and Services	$	8.4	$	70.3
Precision and Science Technologies	—		6.9
Corporate	5.0		5.8
Restructuring charges, net	$	13.4	$	83.0

The following table summarizes the activity associated with the Company’s restructuring programs (included in “Accrued liabilities” in the Consolidated Balance Sheets) for the years ended December 31, 2021 and 2020, respectively.

	2021		2020
Balance at beginning of the period	$	17.5	$	4.8
Charged to expense - termination benefits	9.6		73.5
Charged to expense - other(1)	2.7		3.3
Acquired restructuring	—		5.1
Payments	(15.9)		(70.1)
Foreign currency translation and other	(1.6)		0.9
Balance at end of the period	$	12.3	$	17.5

(1)Excludes $1.1 million and $6.2 million of non-cash charges that impacted restructuring expense but not the restructuring liabilities during the years ended December 31, 2021 and 2020, respectively.