Restructuring

During the three months ended March 31, 2018 and the year ended December 31, 2017, we initiated and continued execution of certain business restructuring initiatives aimed at reducing our fixed cost structure and realigning our business, specifically as part of the contemplation of the Separation. Initiatives during the three months ended March 31, 2018 included the reduction in hourly and salaried headcount of 200 employees, which included 175 in Water and 25 in Electrical. Initiatives during the year ended December 31, 2017 included the reduction in hourly and salaried headcount of approximately 500 employees, which included 250 in Water and 250 in Electrical.

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



	Three months ended
In millions	March 31, 2018		March 31, 2017
Severance and related costs	$	10.6	$	20.6
Other	0.2		0.3
Total restructuring costs	$	10.8	$	20.9

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

Restructuring costs by reportable segment were as follows:



	Three months ended
In millions	March 31, 2018		March 31, 2017
Water	$	5.6	$	7.1
Electrical	2.8		9.3
Other	2.4		4.5
Consolidated	$	10.8	$	20.9

Activity related to accrued severance and related costs recorded in Other current liabilities in the Condensed Consolidated Balance Sheets is summarized as follows for the three months ended March 31, 2018:



In millions	March 31, 2018
Beginning balance	$	39.8
Costs incurred	10.6
Cash payments and other	(16.3		)
Ending balance	$	34.1