Exit and Disposal Activities

3 Months Ended

Mar. 31, 2020

Restructuring and Related Activities [Abstract]

Exit and Disposal Activities

Exit and Disposal Activities The Company has undertaken operational restructuring and other cost reduction actions to streamline processes and manage costs throughout various departments. These actions resulted in exit, disposal and employee termination benefit costs, primarily resulting from planned reductions in workforce, facility consolidation and relocation, and lease termination costs. The primary actions are discussed below by operating segment.

CIT

The Company is substantially complete with its project to relocate its aerospace connectors manufacturing operations in El Segundo, California, and Riverside, California, to existing lower cost operations in North America. During the three months ended March 31, 2020, exit and disposal costs totaled $1.9 million, primarily for facility clean up, travel and employee termination benefit costs. Total associated exit and disposal costs are expected to approximate $10.6 million, with approximately $0.2 million of costs remaining to be incurred in the first half of 2020.

CBF

During the first quarter of 2020, the Company initiated plans to consolidate certain operations globally to reduce costs and streamline processes by eliminating certain positions within selling, general and administrative, and manufacturing functions and impairing certain assets. Total exit and disposal costs of $2.8 million were recognized in the first quarter of 2020.

Consolidated Summary

The Company's exit and disposal costs by activity follows:

(in millions)	Three Months Ended March 31,
	2020		2019
Employee severance and benefit arrangements	$	1.9	$	5.7
Accelerated depreciation and impairments	1.2		—
Facility cleanup costs	0.8		—
Relocation costs	0.2		0.1
Lease termination costs	—		0.5
Other restructuring costs	0.7		0.5
Total exit and disposal costs	$	4.8	$	6.8

The Company's exit and disposal costs by segment follows:

(in millions)	Three Months Ended March 31,
	2020		2019
Carlisle Brake & Friction	$	2.8	$	0.7
Carlisle Interconnect Technologies	1.9		3.9
Carlisle Construction Materials	0.1		0.2
Carlisle Fluid Technologies	—		2.0
Total exit and disposal costs	$	4.8	$	6.8

The Company's exit and disposal costs by financial statement line item follows:

(in millions)	Three Months Ended March 31,
	2020		2019
Cost of goods sold	$	3.0	$	3.6
Selling and administrative expenses	1.6		2.9
Research and development expenses	—		0.1
Other operating expense, net	0.2		0.2
Total exit and disposal costs	$	4.8	$	6.8

The Company's change in exit and disposal activities liability follows:

(in millions)	Total
Balance as of December 31, 2019	$	5.2
Charges	4.8
Cash payments	(6.7)
Balance as of March 31, 2020	$	3.3

The liability of $3.3 million primarily relates to employee severance and benefit arrangements and is included in accrued and other current liabilities.