RESTRUCTURING CHARGES (Tables)

3 Months Ended

Mar. 31, 2013

A summary of the restructuring and related charges incurred through March 31, 2013 and expected to be incurred for the September 2012 Program, are as follows:



	Restructuring Charges
	Employee Severance and Other Personnel Benefits			Other		Total Restructuring Charges		Returns (a)		Inventory Write-offs (b)		Other Charges (c)		Total Restructuring and Related Charges
Charges incurred through December 31, 2012 ^(d)	$	18.4		$	2.3	$	20.7	$	1.6	$	1.2	$	0.6	$	24.1
Charges (benefits) incurred for three months ended March 31, 2013	(0.5		)	0.7		0.2		—		—		0.1		0.3
Cumulative charges incurred through March 31, 2013	$	17.9		$	3.0	$	20.9	$	1.6	$	1.2	$	0.7	$	24.4
Total expected charges ^(e)	$	17.9		$	3.6	$	21.5	$	1.6	$	1.2	$	0.8	$	25.1


^(a)	Returns are recorded as a reduction to net sales in the Company’s Statements of Operations and Comprehensive (Loss) Income.


^(b)	Inventory write-offs are recorded within cost of sales in the Company’s Statements of Operations and Comprehensive (Loss) Income.


^(c)	Other charges are recorded within SG&A expenses within the Company’s Statements of Operations and Comprehensive (Loss) Income.


^(d)	Included within the $20.7 million restructuring charges is a net pension curtailment gain of $1.5 million.


^(e)	Additional charges of approximately $1.0 million are expected to be incurred in 2013.

Schedule of Restructuring Reserve by Type of Cost

Details of the movements in the restructuring reserve during the first quarter of 2013 are as follows:



									Utilized, Net
	Balance as of January 1, 2013		(Income) Expense, Net			Foreign Currency Translation			Cash			Noncash		Balance as of March 31, 2013
September 2012 Program:
Employee severance and other personnel benefits	$	18.0	$	(0.5	)	$	(0.6	)	$	(3.5	)	$	—	$	13.4
Other	0.9		0.7			—			(0.9		)	—		0.7
Lease exit	0.3		—			—			(0.1		)	—		0.2
Total restructuring charges	$	19.2	$	0.2		$	(0.6	)	$	(4.5	)	$	—	$	14.3

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

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- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

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