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Restructuring Activities And Related Impairments
6 Months Ended
Jun. 30, 2023
Restructuring and Related Activities [Abstract]  
Restructuring Activities And Related Impairments RESTRUCTURING ACTIVITIES AND RELATED IMPAIRMENTS
Restructuring Activities
The Company’s restructuring activities are undertaken as necessary to implement management’s strategy, streamline operations, take advantage of available capacity and resources, and ultimately achieve net cost reductions. These activities generally relate to the realignment of existing manufacturing capacity and closure of facilities and other exit or disposal activities, as it relates to executing the Company’s strategy, pursuant to significant restructuring programs.
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, 2022$18.2 $0.7 $18.9 
Costs incurred13.2 4.3 17.5 
Paid(21.2)(4.1)(25.3)
Balance, June 30, 2023$10.2 $0.9 $11.1 

Restructuring related charges by segment were as follows ($ in millions): 
Three Months EndedSix Months Ended
June 30, 2023July 1, 2022June 30, 2023July 1, 2022
Specialty Products & Technologies$6.2 $4.2 $7.8 $8.2 
Equipment & Consumables6.4 9.3 9.0 8.4 
Other1.0 1.3 1.1 1.9 
Total$13.6 $14.8 $17.9 $18.5 
Restructuring related charges were reflected in the following captions in the accompanying Condensed Consolidated Statements of Operations ($ in millions):
Three Months EndedSix Months Ended
June 30, 2023July 1, 2022June 30, 2023July 1, 2022
Cost of sales$4.8 $6.9 $6.3 $6.6 
Selling, general and administrative expenses8.8 7.9 11.6 11.9 
Total$13.6 $14.8 $17.9 $18.5