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RESTRUCTURING ACTIONS RESTRUCTURING ACTIONS
 3 Months Ended
Mar. 31, 2020
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 months ended March 31, 2020 and 2019. We have initiated various restructuring activities throughout our businesses during the past two years, however there were no restructuring activities considered individually significant, other than those announced subsequent to the end of the first quarter of 2020.
For the Three Months Ended March 31
2020
 
2019
Severance and other employee-related
$
3.1

 
$
1.0

Other
—

 
0.1

Total restructuring costs
$
3.1

 
$
1.1

By segment:
 
 
 
Motion Technologies
$
—

 
$
0.7

Industrial Process
0.1

 
0.3

Connect & Control Technologies
1.5

 
0.1

Corporate and Other
1.5

 
—


The following table displays a rollforward of the restructuring accruals, presented on our Consolidated Condensed Balance Sheet within accrued liabilities, for the three months ended March 31, 2020 and 2019.
For the Three Months Ended March 31
2020
 
2019
Restructuring accruals - beginning balance
$
7.5

 
$
6.7

Restructuring costs
3.1

 
1.1

Cash payments
(3.2
)
 
(1.8
)
Foreign exchange translation and other
(0.2
)
 
(0.4
)
Restructuring accrual - ending balance
$
7.2

 
$
5.6

By accrual type:
 
 
 
Severance and other employee-related
$
6.9

 
$
5.3

Other
0.3

 
0.3


Subsequent to the end of the first quarter of 2020, the Company finalized an organizational-wide restructuring plan to reduce the overall cost structure of the Company primarily in response to an anticipated reduction in demand from the COVID-19 pandemic. The Company expects to incur pre-tax cash costs of approximately $45 to $55, principally involuntary severance costs. The Company anticipates to substantially complete these actions in 2020. The benefits from these actions, after full implementation, are expected to yield annual pre-tax cash savings to the Company of approximately $70.