Restructuring and Other Related Charges

12 Months Ended

Dec. 31, 2020

Restructuring and Related Activities [Abstract]

Restructuring and Other Related Charges

NOTE 16. RESTRUCTURING AND OTHER RELATED CHARGES

Restructuring and other related charges for the years ended December 31 were as follows:

($ in millions)	2020		2019		2018
Employee severance related	$	4.9	$	6.1	$	2.0
Facility exit and other related	—		0.1		—
Impairment charges	—		—		0.5
Total restructuring and other related charges	$	4.9	$	6.2	$	2.5

Substantially all restructuring activities initiated in 2020 were completed by December 31, 2020. We expect substantially all cash payments associated with remaining termination benefits recorded in 2020 will be paid during 2021. Substantially all planned restructuring activities related to the 2019 and 2018 plans have been completed. Impairment charges relate to certain intangible assets.

The nature of our restructuring and related activities initiated in the years ended December 31, 2020, 2019 and 2018 focused on improvements in operational efficiency through targeted workforce reductions and facility consolidations and closures. We incurred these costs to provide superior products and services to our customers in a cost efficient manner, and taking into consideration broad economic uncertainties.

The table below summarizes the accrual balance and utilization by type of restructuring cost associated with our restructuring actions: 

($ in millions)	Balance as of January 1, 2019		Costs Incurred		Paid/ Settled		Balance  as of December 31, 2019		Costs Incurred		Paid/ Settled		Balance as of December 31, 2020
Employee severance and related	$	1.7	$	6.1	$	(3.3)	$	4.5	$	4.9	$	(6.1)	$	3.3
Facility exit and other related	0.1		0.1		—		0.2		—		(0.2)		—
Total	$	1.8	$	6.2	$	(3.3)	$	4.7	$	4.9	$	(6.3)	$	3.3

The restructuring and other related charges incurred during the years ended December 31, 2020 and 2019 were cash charges. The restructuring and other related charges incurred during 2018 included cash charges of $2.0 million and $0.5 million of noncash charges. These charges are reflected in the following captions in the accompanying Consolidated and Combined Statements of Earnings and Comprehensive Income for the years ended December 31:

($ in millions)	2020		2019		2018
Cost of sales	$	0.2	$	2.0	$	0.4
Selling, general and administrative expenses	4.7		4.2		2.1
Total	$	4.9	$	6.2	$	2.5