Restructuring Restructuring (Tables)

3 Months Ended

Mar. 31, 2022

Restructuring and Related Activities [Abstract]

We recorded restructuring (gains) charges, net which are reflected in the Condensed Consolidated Statements of Operations, as follows:


	Three Months Ended March 31,
(in millions)	2022		2021

Process Flow Technologies	$	—	$	(12.6)
Payment & Merchandising Technologies	—		(0.5)
Total restructuring (gains) charges, net	$	—	$	(13.1)

The following table summarizes our restructuring gains, net by program, cost type and segment for the three months ended March 31, 2022 and 2021:


	Three months ended March 31, 2022						Three months ended March 31, 2021
(in millions)	Severance		Other		Total		Severance		Other		Total


Payment & Merchandising Technologies	$	—	$	—	$	—	$	(0.5)	$	—	$	(0.5)
2020 Repositioning	$	—	$	—	$	—	$	(0.5)	$	—	$	(0.5)

Process Flow Technologies	$	—	$	—	$	—	$	0.1	$	—	$	0.1
2019 Repositioning	$	—	$	—	$	—	$	0.1	$	—	$	0.1


Process Flow Technologies 1	$	—	$	—	$	—	$	—	$	(12.7)	$	(12.7)

2017 Repositioning	$	—	$	—	$	—	$	—	$	(12.7)	$	(12.7)

Total	$	—	$	—	$	—	$	(0.4)	$	(12.7)	$	(13.1)

1 Reflects a pre-tax gain related to the sale of real estate in 2021

The following table summarizes the cumulative restructuring costs, net incurred through March 31, 2022. We do not expect to incur additional facility consolidation costs to complete these actions as of March 31, 2022.


	Cumulative Restructuring Costs, Net
(in millions)	Severance		Other		Total
Aerospace & Electronics	$	6.5	$	—	$	6.5
Process Flow Technologies	3.7		—		3.7
Payment & Merchandising Technologies	15.8		1.8		17.6
2020 Repositioning	26.0		1.8		27.8

Process Flow Technologies	16.1		—		16.1
2019 Repositioning	16.1		—		16.1

Aerospace & Electronics	1.3		(1.4)		(0.1)
Process Flow Technologies	13.1		(12.7)		0.4
Payment & Merchandising Technologies	11.5		0.7		12.2
2017 Repositioning	$	25.9	$	(13.4)	$	12.5

Restructuring Liability

The following table summarizes the accrual balances related to each restructuring program:


(in millions)	2019 Repositioning		2017 Repositioning		Total
Severance:
Balance at December 31, 2021 (a)	$	11.5	$	0.7	$	12.2


Utilization	(4.4)		(0.6)		(5.0)
Balance at March 31, 2022 (a)	$	7.1	$	0.1	$	7.2



(a)			Included within Accrued Liabilities in the Condensed Consolidated Balance Sheets