XML 14 R16.htm IDEA: XBRL DOCUMENT v3.19.3
RESTRUCTURING ACTIONS RESTRUCTURING ACTIONS
9 Months Ended
Sep. 30, 2019
Restructuring and Related Activities [Abstract]  
RESTRUCTURING ACTIONS
RESTRUCTURING ACTIONS
The table below summarizes the restructuring costs presented within general and administrative expenses in our Consolidated Condensed Statements of Operations for the three and nine months ended September 30, 2019 and 2018. We have initiated various restructuring activities throughout our businesses during the past two years, however there were no restructuring activities considered individually significant.
 
Three Months
 
Nine Months
For the Periods Ended September 30
2019
 
2018
 
2019
 
2018
Severance and other employee-related
$
6.5

 
$
0.8

 
$
10.5

 
$
2.4

Other
0.2

 
0.1

 
0.4

 
0.6

Total restructuring costs
$
6.7

 
$
0.9

 
$
10.9

 
$
3.0

By segment:
 
 
 
 
 
 
 
Motion Technologies
0.7

 
0.4

 
$
4.5

 
$
1.7

Industrial Process
5.1

 

 
5.5

 

Connect & Control Technologies
0.9

 
0.5

 
0.8

 
1.3

Corporate and Other

 

 
0.1

 


The following table displays a rollforward of the restructuring accruals, presented on our Consolidated Condensed Balance Sheet within accrued liabilities, for the nine months ended September 30, 2019 and 2018.
For the Periods Ended September 30
2019
 
2018
Restructuring accruals - beginning balance
$
6.7

 
$
8.9

Restructuring costs
10.9

 
3.0

Cash payments
(7.8
)
 
(5.9
)
Foreign exchange translation and other
(0.4
)
 
0.8

Restructuring accrual - ending balance
$
9.4

 
$
6.8

By accrual type:
 
 
 
Severance and other employee-related
$
9.1

 
$
6.0

Other
0.3

 
0.8