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Restructuring Charges
6 Months Ended
Jun. 29, 2019
Notes To Financial Statements [Abstract]  
Restructuring Charges RESTRUCTURING CHARGES
A summary of the restructuring reserve activity from December 29, 2018 to June 29, 2019 is as follows: 
(Millions of Dollars)
December 29,
2018
 
Net Additions
 
Usage
 
Currency
 
June 29,
2019
Severance and related costs
$
105.7

 
$
11.2

 
$
(45.8
)
 
$
(0.1
)
 
$
71.0

Facility closures and asset impairments
3.1

 
6.0

 
(6.3
)
 

 
2.8

Total
$
108.8

 
$
17.2


$
(52.1
)
 
$
(0.1
)
 
$
73.8


For the six months ended June 29, 2019, the Company recognized net restructuring charges of $17.2 million. This amount reflects $11.2 million of net severance charges associated with the reduction of approximately 543 employees and $6.0 million of facility closure and other restructuring costs.
For the three months ended June 29, 2019, the Company recognized net restructuring charges of $8.5 million. This amount reflects $4.0 million of net severance charges associated with the reduction of approximately 284 employees and $4.5 million of facility closure and other restructuring costs.
The majority of the $73.8 million of reserves remaining as of June 29, 2019 is expected to be utilized within the next 12 months.

Segments: The $17 million of net restructuring charges for the six months ended June 29, 2019 includes: $3 million pertaining to the Tools & Storage segment; $6 million pertaining to the Industrial segment; $4 million pertaining to the Security segment; and $4 million pertaining to Corporate.

The $9 million of net restructuring charges for the three months ended June 29, 2019 includes: $4 million pertaining to the Tools & Storage segment; $4 million pertaining to the Industrial segment; and $1 million pertaining to Corporate.