Restructuring and Transformation Programs (Tables)

9 Months Ended

Sep. 30, 2022

Restructuring and Related Activities [Abstract]

Restructuring Related Costs

Restructuring and transformation-related costs within Selling, general and administrative expenses in the Condensed Consolidated Statements of Operations and Comprehensive Income included the following: 

	Three months ended				Nine months ended
In millions	September 30, 2022		September 30, 2021		September 30, 2022		September 30, 2021
Restructuring Initiatives
Severance and related costs	$	8.5	$	—	$	11.2	$	5.1
Other restructuring costs (1)	2.4		—		2.6		0.2
Total restructuring costs	10.9		—		13.8		5.3
Transformation Program
Severance and related costs	3.1		—		3.1		—
Other transformation costs (2)	7.0		4.0		17.7		5.9
Total transformation costs	10.1		4.0		20.8		5.9
Total restructuring and transformation costs	$	21.0	$	4.0	$	34.6	$	11.2
(1) Other restructuring costs primarily consist of asset impairment and various contract termination costs.
(2) Other transformation costs primarily consist of professional services and project management and related costs.

Restructuring Costs By Segment

Restructuring and transformation costs by reportable segment were as follows:

	Three months ended				Nine months ended
In millions	September 30, 2022		September 30, 2021		September 30, 2022		September 30, 2021
Consumer Solutions	$	12.0	$	0.1	$	13.8	$	0.8
Industrial & Flow Technologies	0.3		(0.2)		1.5		0.3
Other	8.7		4.1		19.3		10.1
Consolidated	$	21.0	$	4.0	$	34.6	$	11.2

Restructuring Accrual Activity Recorded on Consolidated Balance Sheets

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 nine months ended September 30, 2022: 

In millions	September 30, 2022
Beginning balance	$	10.7
Costs incurred	14.3
Cash payments and other	(6.1)
Ending balance	$	18.9