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Restructuring Actions
 12 Months Ended
Dec. 31, 2021
Restructuring and Related Activities [Abstract]  
Restructuring Actions
RESTRUCTURING ACTIONS
We have initiated various restructuring actions throughout our businesses during the past three years. The 2020 Global Restructuring Plan identified as individually significant is described further below. There were no other restructuring actions considered individually significant. The following table provides restructuring costs by component and by segment.
For the Year Ended December 31202120202019
By component:
Severance and other employee-related costs$8.0 $41.5 $12.4 
Asset write-offs
0.6 — — 
Other
1.0 1.5 0.4 
Total restructuring costs$9.6 $43.0 $12.8 
By segment:
Motion Technologies
$3.9 $12.7 $4.9 
Industrial Process
3.1 19.5 5.7 
Connect & Control Technologies
2.4 8.5 2.0 
Corporate and Other
0.2 2.3 0.2 
The following table displays a rollforward of our total restructuring liability, presented on our Consolidated Balance Sheet within accrued liabilities.
20212020
Restructuring liability - January 1$19.1 $7.5 
Restructuring costs
11.7 44.1 
Reversal of prior accruals(2.1)(1.1)
Cash payments
(16.5)(33.0)
Asset write-offs
(0.6)— 
Foreign exchange translation and other
(0.6)1.6 
Restructuring liability - December 31$11.0 $19.1 
By accrual type:
Severance and other employee-related
$10.9 $18.6 
Other
0.1 0.5 
2020 Global Restructuring Plan
During 2020, an organizational-wide restructuring plan was initiated to reduce the overall cost structure of the Company primarily in response to an anticipated reduction in demand from the COVID-19 pandemic (the 2020 Global Restructuring Plan). Total restructuring charges incurred in connection with the restructuring plan through the December 31, 2021 were $46.6, principally related to involuntary severance costs. Additional restructuring charges to complete this action are not expected to be significant.
The following table summarizes the restructuring costs incurred during 2021 and the cumulative costs incurred through December 31, 2021 by segment related to the 2020 Global Restructuring Plan.
Incurred
in 2021		Incurred
to Date
Motion Technologies$— $12.7 
Industrial Process2.5 22.5 
Connect & Control Technologies— 8.8 
Corporate and Other— 2.6 
Total$2.5 $46.6 
The following table displays a rollforward of the restructuring liability related to the 2020 Global Restructuring Plan, which we expect to be substantially paid during 2022.
20212020
Beginning balance - January 1$17.1 $— 
Restructuring costs2.5 43.8 
Cash payments(13.6)(27.9)
Asset write-offs(0.6)— 
Foreign exchange translation and other(0.6)1.2 
Ending balance - December 31$4.8 $17.1