XML 77 R47.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Productivity Improvement And Restructuring Initiatives - (Tables)
12 Months Ended
Dec. 31, 2019
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
The Company initiated productivity improvements and restructuring related activities during the three years ended December 31,  2019 as summarized below ($ in millions):
 
Employee Severance
and Related
 
Facility Exit
and Related
 
Total
Balance, December 31, 2016
$
11.4

 
$
0.2

 
$
11.6

Costs incurred
27.0

 
8.8

 
35.8

Paid/settled
(18.5
)
 
(8.9
)
 
(27.4
)
Balance, December 31, 2017
$
19.9

 
$
0.1

 
$
20.0

Costs incurred
21.7

 
2.0

 
23.7

Paid/settled
(31.3
)
 
(1.0
)
 
(32.3
)
Balance, December 31, 2018
10.3

 
1.1

 
11.4

Costs incurred
12.9

 
0.1

 
13.0

Paid/settled
(17.6
)
 
(1.2
)
 
(18.8
)
Balance, December 31, 2019
$
5.6

 
$

 
$
5.6


Schedule of Restructuring Reserve by Type of Cost
Productivity improvement and restructuring related charges recorded for the years ended December 31 by segment were as follows ($ in millions): 
 
2019
 
2018
 
2017
Specialty Products & Technologies
$
6.5

 
$
10.2

 
$
12.8

Equipment & Consumables
6.5

 
13.5

 
23.0

Total
$
13.0

 
$
23.7

 
$
35.8

The productivity improvement and restructuring related charges incurred during the years ended December 31 are reflected in the following captions in the accompanying Consolidated and Combined Statements of Income ($ in millions):
 
2019
 
2018
 
2017
Cost of sales
$
3.0

 
$
7.8

 
$
6.3

Selling, general and administrative expenses
10.0

 
15.9

 
29.5

Total
$
13.0

 
$
23.7

 
$
35.8