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Restructuring and Other Charges
3 Months Ended
Mar. 31, 2016
Restructuring and Related Activities [Abstract]  
Restructuring and Other Charges
Restructuring and Other Charges
During the three months ended March 31, 2016, we recorded restructuring charges, net of adjustments, of $0.5 million. International segment restructuring charges of $0.9 million during the three months ended March 31, 2016 were related to severance costs for staff reductions associated with ongoing initiatives to right size our operations in Europe. Americas segment restructuring charges of $0.2 million during the three months ended March 31, 2016 related primarily to severance from staff reductions in Latin America. Favorable adjustments for changes in estimates on employee restructuring reserves were made in both the Americas and Corporate segments. The Company is actively evaluating additional cost reduction opportunities in 2016 to mitigate weaker oil and gas market demand and a slower growth environment across key emerging markets.
During the three months ended March 31, 2015, we recorded restructuring charges of $0.7 million. International segment charges of $0.6 million for the three months ended March 31, 2015 were primarily related to severance costs for staff reductions associated with initiatives to right size our operations in China.
Activity and reserve balances for restructuring charges by segment were as follows:
(in millions)
Americas
 
International
 
Corporate
 
Total
Reserve balances at December 31, 2014
$
0.2

 
$
2.6

 
$

 
$
2.8

Restructuring charges
3.3

 
7.4

 
1.6

 
$
12.3

Cash payments
(1.9
)
 
(4.6
)
 
(0.5
)
 
$
(7.0
)
Reserve balances at December 31, 2015
$
1.6

 
$
5.4

 
$
1.1

 
$
8.1

Restructuring charges
0.2

 
0.9

 

 
1.1

Adjustments and other
(0.3
)
 

 
(0.3
)
 
(0.6
)
Cash payments
(0.6
)
 
(2.7
)
 

 
(3.3
)
Reserve balances at March 31, 2016
$
0.9

 
$
3.6

 
$
0.8

 
$
5.3