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COST REDUCTION ACTIONS
 12 Months Ended
Dec. 31, 2022
Restructuring and Related Activities [Abstract]  
COST REDUCTION ACTIONS COST REDUCTION ACTIONS
Restructuring Charges
We have plans that provide eligible employees with severance benefits in the event of an involuntary termination. We calculate severance using the benefit formulas under the applicable plans. We record restructuring charges from qualifying cost reduction actions for severance and other exit costs (including asset impairment charges and lease and other contract cancellation costs) when they are probable and estimable.
2019/2020 Actions
During 2022, we recorded $7.3 million in restructuring charges, net of reversals, related to our 2019/2020 actions. These charges consisted of severance and related costs for the reduction of approximately 830 positions and asset impairment charges at numerous locations across our company, reflecting actions in both our reportable segments. The actions in our Materials Group reportable segment were primarily associated with consolidations of its operations in North America and its graphics business in Europe, in part in response to COVID-19. The actions in our Solutions Group reportable segment were primarily related to global headcount and footprint reduction, with some actions accelerated and expanded in response to COVID-19. During 2021, we recorded $13.3 million in restructuring charges, net of reversals, related to our 2019/2020 actions. These charges consisted of severance and related costs for the reduction of approximately 360 positions, as well as asset impairment charges. Our activities related to our 2019/2020 actions began in the fourth quarter of fiscal year 2019 and continued through fiscal year 2022.
Accruals for severance and related costs and lease cancellation costs were included in “Other current liabilities” in the Consolidated Balance Sheets. Asset impairment charges were based on the estimated market value of the assets, less
selling costs, if applicable. Restructuring charges were included in “Other expense (income), net” in the Consolidated Statements of Income.
During 2022, restructuring charges and payments were as follows:
(In millions)Accrual at
January 1,
2022		Charges,
Net of
Reversals		Cash
Payments 		Non-cash
Impairment 		Foreign
Currency
Translation 		Accrual at
December 31,
2022
2019/2020 Actions
Severance and related costs$11.5 $7.2 $(13.4)$— $(.2)$5.1 
Asset impairment charges— .1 — (.1)— — 
Total$11.5 $7.3 $(13.4)$(.1)$(.2)$5.1 
During 2021, restructuring charges and payments were as follows:
(In millions)Accrual at
January 2,
2021		Charges,
Net of
Reversals 		Cash
Payments 		Non-cash
Impairment 		Foreign
Currency
Translation		Accrual at
January 1,
2022
2019/2020 Actions
Severance and related costs$28.3 $10.3 $(26.2)$— $(.9)$11.5 
Asset impairment charges— 2.4 — (2.4)— — 
Lease cancellation costs— .6 (.6)— — — 
2018/2019 Actions
Lease cancellation costs.3 — (.3)— — — 
Total$28.6 $13.3 $(27.1)$(2.4)$(.9)$11.5 
The table below shows the total amount of restructuring charges incurred by reportable segment and Corporate.
(In millions)202220212020
Restructuring charges by reportable segment and Corporate
Materials Group$(1.0)$5.0 $36.3 
Solutions Group7.9 7.6 18.7 
Corporate.8 1.0 .3 
Total$7.7 $13.6 $55.3