Restructuring

6 Months Ended

Jun. 30, 2020

Restructuring And Related Activities [Abstract]

Restructuring

9. Restructuring

During the quarter ended June 30, 2020, global restrictions on air travel and other changes in global travel patterns as a result of the Coronavirus Disease 2019 ("COVID-19") pandemic negatively impacted short and mid-term commercial aerospace demand within our Aero/HS products end market applications. We therefore initiated a restructuring plan that consisted of a reduction in force during the quarter ended June 30, 2020. Employee costs related to the reduction in force were included within Restructuring costs in our Statements of Consolidated (Loss) Income and consisted of severance, voluntary buyout packages, outplacement services, estimated medical costs and associated payroll costs. Substantially all of the costs associated with the restructuring efforts initiated during the quarter ended June 30, 2020 were incurred and expensed as of June 30, 2020. Cash payments associated with the reduction in force are estimated to extend through 2022.

The following table summarizes the activity relating to our restructuring plan liabilities (in millions of dollars):

	Six Months Ended June 30, 2020
Beginning balance	$	—
Restructuring costs		11.9
Cash payments		(1.4	)
Ending balance	$	10.5