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Restructuring and Asset Impairment
 3 Months Ended
Mar. 29, 2020
Restructuring and Related Activities [Abstract]  
Restructuring and Asset Impairment Restructuring and Asset Impairment
Due to its geographic footprint and the cost-competitive nature of its businesses, the Company is constantly seeking the most cost-effective means and structure to serve its customers and to respond to fundamental changes in its markets. As such, restructuring costs have been, and are expected to be, a recurring component of the Company's operating costs. The amount of these costs can vary significantly from quarter to quarter and from year to year depending upon the scope and location of the restructuring activities.
The table below sets forth restructuring and restructuring-related asset impairment charges by type incurred:
Three Months Ended
March 29, 2020March 31, 2019
Severance and Termination Benefits$10,100  $6,300  
Asset Impairment / Disposal of Assets2,686  1,632  
Other Costs(187) 2,740  
Total Restructuring/Asset Impairment Charges$12,599  $10,672  

The table below sets forth restructuring and restructuring-related asset impairment charges by reportable segment:
Three Months Ended
March 29, 2020March 31, 2019
Consumer Packaging$2,362  $7,255  
Display and Packaging2,880  375  
Paper and Industrial Converted Products5,356  874  
Protective Solutions473  442  
Corporate1,528  1,726  
Total Restructuring/Asset Impairment Charges$12,599  $10,672  

Restructuring and asset impairment charges are included in “Restructuring/Asset impairment charges” in the Condensed Consolidated Statements of Income.
The following table sets forth the activity in the restructuring accrual included in “Accrued expenses and other” on the Company’s Condensed Consolidated Balance Sheets:
Severance
and
Termination
Benefits		Asset
Impairment/
Disposal
of Assets		Other
Costs		Total
Accrual Activity
Liability at December 31, 2019
$10,765  $—  $592  $11,357  
2020 charges10,100  2,686  (187) 12,599  
Cash receipts/(payments)(7,919) 420  (930) (8,429) 
Asset write downs/disposals—  (3,106) 1,143  (1,963) 
Foreign currency translation(125) —  (11) (136) 
Liability at March 29, 2020
$12,821  $—  $607  $13,428  

The Company expects to pay the majority of the remaining restructuring reserves by the end of 2020 using cash generated from operations.
"Severance and Termination Benefits" during the first three months of 2020 includes the cost of benefits provided to approximately 150 employees whose positions were eliminated in conjunction with the Company's ongoing organizational effectiveness efforts.
"Asset Impairment/Disposal of Assets" consists primarily of an impairment charge of $2,300 resulting from the Company's decision to close the No. 3 uncoated recycled board paper machine at its paper mill in Hartsville, South Carolina. Additionally, the Company received net cash proceeds of $455 from the sale of a previously closed retail security plant facility in Spartanburg, South Carolina. This facility had a net book value of $490.
“Other Costs” consist primarily of costs related to plant closures including equipment removal, utilities, plant security, property taxes and insurance, net of incentive forfeitures.
The Company expects to recognize future additional charges totaling approximately $2,300 in connection with previously announced restructuring actions. The Company believes that the majority of these charges will be incurred and paid by the end of 2020. The Company continually evaluates its cost structure, including its manufacturing capacity, and additional restructuring actions are likely to be undertaken.