Restructuring

During the six months ended June 27, 2015 and the year ended December 31, 2014, we continued execution of certain business restructuring initiatives aimed at reducing our fixed cost structure and realigning our business. Initiatives during the six months ended June 27, 2015 included the reduction in hourly and salaried headcount of approximately 650 employees, consisting of approximately 400 in Valves & Controls, 150 in Flow & Filtration Solutions, 25 in Water Quality Systems and 75 in Technical Solutions. Initiatives during the year ended December 31, 2014 included the reduction in hourly and salaried headcount of approximately 1,150 employees, consisting of approximately 600 in Valves & Controls, 350 in Flow & Filtration Solutions, 50 in Water Quality Systems and 150 in Technical Solutions.

Restructuring related costs included in Selling, general and administrative expenses in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) included costs for severance and other restructuring costs as follows:



	Three months ended				Six months ended
In millions	June 27, 2015		June 28, 2014		June 27, 2015		June 28, 2014
Severance and related costs	$	20.6	$	21.2	$	20.6	$	34.6
Other	3.4		14.3		3.4		18.3
Total restructuring costs	$	24.0	$	35.5	$	24.0	$	52.9

Other restructuring costs primarily consist of asset impairment and various contract termination costs.

Restructuring costs by reportable segment for the three and six months ended June 27, 2015 and June 28, 2014 were as follows:



	Three months ended				Six months ended
In millions	June 27, 2015		June 28, 2014		June 27, 2015		June 28, 2014
Valves & Controls	$	13.6	$	17.9	$	13.6	$	27.7
Flow & Filtration Solutions	3.7		7.6		3.7		12.3
Water Quality Systems	3.3		6.8		3.3		7.1
Technical Solutions	3.4		3.2		3.4		5.8
Consolidated	$	24.0	$	35.5	$	24.0	$	52.9

Activity in the restructuring accrual recorded in Other current liabilities and Employee compensation and benefits in the Condensed Consolidated Balance Sheets is summarized as follows for the six months ended June 27, 2015:



In millions	June 27, 2015
Beginning balance	$	73.4
Costs incurred	20.6
Cash payments and other	(30.9		)
Ending balance	$	63.1