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Restructuring Actions
 12 Months Ended
Dec. 31, 2017
Restructuring and Related Activities [Abstract]  
Restructuring Actions RESTRUCTURING ACTIONS
Restructuring costs are included as a component of general and administrative expense in our Consolidated Statements of Operations. Restructuring costs incurred during each of the previous three years ended are presented in the table below.

2017

 
2016

 
2015

By component:





Severance costs
$
9.5


$
24.3


$
21.7

Asset write-offs
1.9

 
0.7

 
1.0

Other restructuring costs
1.7


1.3


1.3

Total restructuring costs
$
13.1


$
26.3


$
24.0

By segment:





Industrial Process
$
7.4


$
20.5


$
12.2

Motion Technologies
2.3


2.5


—

Connect & Control Technologies
3.3


1.5


11.6

Corporate and Other
0.1


1.8


0.2


The following table displays a rollforward of the restructuring accruals, presented on our Consolidated Balance Sheet within accrued liabilities, for each of the previous two years ended December 31st.

2017

 
2016

Restructuring accruals - beginning balance
$
14.6


$
20.0

Restructuring costs
13.1


26.3

Cash payments
(17.8
)

(30.3
)
Asset write-offs
(1.9
)

(0.7
)
Foreign exchange translation and other
0.9


(0.7
)
Restructuring accrual - ending balance
$
8.9


$
14.6

By accrual type:



Severance accrual
$
8.0


$
14.3

Facility carrying and other costs accrual
0.9


0.3


We have initiated various restructuring actions throughout the business during the past three years. Discussion of certain individually significant actions is provided below. Other less significant restructuring actions initiated in the past three years include various reduction in force initiatives and the relocation of certain manufacturing facilities.
Industrial Process Restructuring Actions
Since early 2015, we have been executing a series of restructuring actions focused on achieving efficiencies and reducing the overall cost structure of the Industrial Process segment in an effort to align with the declining oil and gas market conditions experienced over the past three years. During 2017, we continued to pursue these objectives and we recognized $7.4 of restructuring costs related to severance for approximately 70 employees, the exit of certain office space, and an asset write-off. During 2016 and 2015, we recognized restructuring costs of $20.5 and $12.2, respectively, primarily related to employee severance costs. Cash payments related to these actions are expected to be substantially complete in 2018. We will continue to monitor and evaluate the need for any additional restructuring actions.
 
2017

 
2016

Restructuring accruals - beginning balance
$
6.5

 
$
4.9

Restructuring costs
7.4

 
20.5

Cash payments
(7.3
)
 
(18.0
)
Asset write-offs
(1.8
)
 
(0.5
)
Foreign exchange translation and other
(0.9
)
 
(0.4
)
Restructuring accruals - ending balance
$
3.9

 
$
6.5