Restructuring Charges (Tables)

9 Months Ended

Sep. 30, 2020

Restructuring and Related Activities [Abstract]

Summary of Restructuring Charges

The following table presents a summary of the restructuring charges included in Operating (loss) income from continuing operations for the three and nine months ended September 30, 2020:

(Thousands of dollars)	Three Months Ended September 30, 2020		Nine Months Ended September 30, 2020
Severance	$	2,635	22,502
Pension and termination benefit charges	—		10,913
Contract exit costs and other	2,347		12,964
Restructuring charges	$	4,982	46,379

Reconciliation of Restructuring Liability

The following table represents a reconciliation of the liability associated with the Company’s restructuring activities at September 30, 2020, which is reflected in Other accrued liabilities on the Consolidated Balance Sheet:

(Thousands of dollars)
Restructuring accruals	$	28,814
Utilizations	(19,635)
Liability at September 30, 2020	$	9,179