SPECIAL (GAINS) AND CHARGES (Tables)

6 Months Ended

Jun. 30, 2019

SPECIAL (GAINS) AND CHARGES

Special (gains) and charges

	Second Quarter Ended				Six Months Ended
	June 30				June 30
(millions)	2019		2018		2019		2018
Cost of sales
Restructuring activities		$6.6		$0.4		$10.0		$0.4
Acquisition and integration activities		1.3		(0.5)		1.5		(0.5)
Subtotal		7.9		(0.1)		11.5		(0.1)
Special (gains) and charges
Restructuring activities		30.9		8.9		68.0		9.2
Upstream energy spin-off		14.5		-		18.8		-
Acquisition and integration activities		0.4		1.8		2.9		2.3
Other		4.1		1.4		0.5		26.6
Subtotal		49.9		12.1		90.2		38.1
Operating income subtotal		57.8		12.0		101.7		38.0
Interest expense, net		-		-		0.2		-
Total special (gains) and charges		$57.8		$12.0		$101.9		$38.0

Restructuring activity

	Employee
	Termination		Asset
(millions)	Costs		Disposals		Other		Total
2018 Activity
Recorded expense	$	94.1	$	5.0	$	5.5	$	104.6
Net cash payments		(32.8)		-		(2.4)		(35.2)
Non-cash charges		-		(5.0)		-		(5.0)
Effect of foreign currency translation		(0.5)		-		-		(0.5)
Restructuring liability, December 31, 2018		60.8		-		3.1		63.9
2019 Activity
Recorded expense		63.6		0.6		13.8		78.0
Net cash payments		(39.8)		0.2		(10.7)		(50.3)
Non-cash charges		-		(0.8)		-		(0.8)
Effect of foreign currency translation		(0.2)		-		-		(0.2)
Restructuring liability, June 30, 2019	$	84.4	$	-	$	6.2	$	90.6