Restructuring.

The Company recorded $3.2 million and $5.9 million in short-term restructuring costs during the three months ended November 30, 2014 and 2013, respectively, and $5.0 million and $12.2 million during the six months ended November 30, 2014 and 2013, respectively. During fiscal year 2014 the expense is employee severance costs, with fiscal year 2015 including both employee severance costs and plant closure costs. The expense resulted primarily from the planned closures of the Swindon, United Kingdom manufacturing facility and the Le Locle, Switzerland manufacturing facility. These restructuring charges were recorded within cost of sales, selling, general and administrative expense, and research and development expense and other accrued expenses. A summary of the severance and benefit costs in the periods presented is as follows:



(in millions)	Restructuring Costs
Restructuring Accrual:
Balance at May 31, 2014	$	42.5
Costs incurred and charged to expense	1.8
Costs paid or otherwise settled	(21.0		)
Non-cash adjustments⁽¹⁾	(0.2		)
Balance at August 31, 2014	23.1
Costs incurred and charged to expense	3.2
Costs paid or otherwise settled	(2.5		)
Non-cash adjustments⁽¹⁾	—
Balance at November 30, 2014	$	23.8


(1)	Primarily related to foreign currency fluctuations.



(in millions)	Restructuring Costs
Restructuring Accrual:
Balance at May 31, 2013	$	8.9
Costs incurred and charged to expense	6.3
Costs paid or otherwise settled	(5.3		)
Non-cash adjustments⁽¹⁾	0.7
Balance at August 31, 2013	10.6
Costs incurred and charged to expense	5.9
Costs paid or otherwise settled	(3.9		)
Non-cash adjustments⁽¹⁾	0.8
Balance at November 30, 2013	$	13.4


(1)	Primarily related to foreign currency fluctuations.