Restructuring Activities And Related Impairments (Tables)

12 Months Ended

Dec. 31, 2020

Restructuring and Related Activities [Abstract]

Restructuring and Related Costs

The Company initiated restructuring related activities during the three years ended December 31, 2020. The related liability, which is included in accrued liabilities in the Consolidated Balance Sheets is summarized below ($ in millions):

	Employee Severance and Related		Facility Exit and Related		Total
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
Costs incurred	78.3		11.0		89.3
Paid/settled	(53.4)		(5.6)		(59.0)
Balance, December 31, 2020	$	30.5	$	5.4	$	35.9

Schedule of Restructuring Reserve by Type of Cost

Restructuring related charges recorded for the years ended December 31 by segment were as follows ($ in millions): 

	2020		2019		2018
Specialty Products & Technologies	$	43.8	$	6.5	$	10.2
Equipment & Consumables	85.6		6.5		13.5
Other	6.0		—		—
Total	$	135.4	$	13.0	$	23.7

The 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):

	2020		2019		2018
Cost of sales	$	44.9	$	3.0	$	7.8
Selling, general and administrative expenses	90.5		10.0		15.9
Total	$	135.4	$	13.0	$	23.7