Restructuring Activities And Related Impairments (Tables)

3 Months Ended

Apr. 01, 2022

Restructuring and Related Activities [Abstract]

Restructuring and Related Costs

The related liability which is included in accrued liabilities in the Condensed Consolidated Balance Sheets is summarized below ($ in millions):

	Employee Severance and Related		Facility Exit and Related		Total
Balance, December 31, 2021	$	21.4	$	0.5	$	21.9
Costs incurred	(0.8)		0.3		(0.5)
Paid/settled	(7.0)		(0.4)		(7.4)
Balance, April 1, 2022	$	13.6	$	0.4	$	14.0

Schedule of Restructuring Reserve by Type of Cost

Restructuring related charges recorded for the three months ended April 1, 2022 and April 2, 2021, by segment were as follows ($ in millions): 

	Three Months Ended
	April 1, 2022		April 2, 2021
Specialty Products & Technologies	$	4.0	$	3.4
Equipment & Consumables	(0.9)		1.9
Other	0.6		2.5
Total	$	3.7	$	7.8

The restructuring related charges incurred during the three months ended April 1, 2022 and April 2, 2021, are reflected in the following captions in the accompanying Condensed Consolidated Statements of Income ($ in millions):

	Three Months Ended
	April 1, 2022		April 2, 2021
Cost of sales	$	(0.3)	$	2.9
Selling, general and administrative expenses	4.0		4.9
Total	$	3.7	$	7.8