Impairment and restructuring charges by segment were as follows:

Year ended December 31, 2015:



	Mobile Industries		Process Industries		Corporate		Total
Impairment charges	$	0.1	$	3.2	$	—	$	3.3
Severance expense and related benefit costs	4.5		2.6		0.6		7.7
Exit costs	0.8		2.9		—		3.7
Total	$	5.4	$	8.7	$	0.6	$	14.7

Year ended December 31, 2014:



	Mobile Industries		Process Industries		Corporate		Total
Impairment charges	$	98.2	$	0.3	$	0.4	$	98.9
Severance expense and related benefit costs	9.3		1.4		—		10.7
Exit costs	2.0		1.8		—		3.8
Total	$	109.5	$	3.5	$	0.4	$	113.4

Year ended December 31, 2013:`



	Mobile Industries			Process Industries		Corporate		Total
Impairment charges	$	—		$	0.1	$	—	$	0.1
Severance expense and related benefit costs	6.6			2.6		—		9.2
Exit costs	(1.5		)	0.9		—		(0.6		)
Total	$	5.1		$	3.6	$	—	$	8.7

The following discussion explains the major impairment and restructuring charges recorded for the periods presented; however, it is not intended to reflect a comprehensive discussion of all amounts in the tables above.

Mobile Industries:

On September 8, 2014, the Company announced plans to restructure its former Aerospace segment. In connection with the restructuring, the Company: (1) eliminated leadership positions and integrated substantially all aerospace activities into Mobile Industries under the direction of Christopher A. Coughlin, Executive Vice President and Group President; (2) sold the assets of its aerospace engine overhaul business, located in Mesa, Arizona, during the fourth quarter of 2014; (3) evaluated strategic alternatives for its aerospace MRO parts business, also located in Mesa; and (4) announced plans to close its aerospace bearing facility located in Wolverhampton, U.K. by early 2016, rationalizing the capacity into existing facilities. In conjunction with this announcement, the Company reviewed goodwill for impairment for its three reporting units within the Aerospace segment as a result of declining sales forecasts and financial performance within the segment. As a result of that review, the Company recorded a pretax goodwill impairment charge of $86.3 million during the third quarter of 2014 related to its Aerospace Transmissions and Aerospace Aftermarket reporting units. In addition, the Company recorded an intangible asset impairment charge of $9.9 million, an impairment charge of $1.2 million for its engine overhaul business, which it classified as assets held for sale and severance and related benefits of $0.3 million. During the fourth quarter of 2014, the Company recorded severance and related benefits of $3.7 million related to the planned closure of Wolverhampton. See Note 18 - Fair Value for additional information on the impairment charges for the former Aerospace segment.

In May 2012, the Company announced the closure of its manufacturing facility in St. Thomas, which was expected to be completed in approximately one year, and was intended to consolidate bearing production from this plant with existing U.S. operations to better align the Company's manufacturing footprint and customer base. In connection with this closure, the Company also moved customer service for the Canadian market to its offices in Toronto. The Company completed the closure of this manufacturing facility on March 31, 2013. The closure of the St. Thomas manufacturing facility displaced 190 employees. The Company has incurred pretax costs related to this closure of approximately $41.8 million as of December 31, 2015, including rationalization costs recorded in cost of products sold. During 2013, the Company recorded $1.1 million of severance and related benefits related to this closure.

In March 2007, the Company announced the closure of its manufacturing facility in Sao Paulo. The Company completed the closure of this manufacturing facility on March 31, 2010. Mobile Industries has incurred cumulative pretax expenses of approximately $55.2 million as of December 31, 2015 related to this closure. In 2013, the Company recorded a favorable adjustment of $2.0 million associated with the closure of this facility. The favorable adjustment for 2013 was primarily related to environmental remediation costs.

In addition to the above charges, during 2015 and 2014, the Company recorded severance and related benefit costs of $1.2 million and $2.9 million related to the rationalization of one of its facilities in Europe.

Process Industries

During 2015, the Company recorded $2.9 million of exit costs related to the Company's termination of its relationship with one of its third-party sales representatives in Colombia.

In addition, the Company recorded impairment charges of $3.0 million related to one of the Company's repair business in Niles, Ohio. See Note 18 - Fair Value for additional information on the impairment charges for the repair business.

Workforce Reductions:

In 2015, the Company recognized $6.5 million of severance and related benefits to eliminate approximately 100 positions to improve efficiency and reduce costs. Of the $6.5 million charge for 2015, $3.4 million related to the Mobile Industries segment, $2.5 million related to the Process Industries segment and $0.6 million related to Corporate positions. During 2013, the Company recognized $5.9 million of severance and related benefit costs to eliminate approximately 180 positions. Of the $5.9 million charge for 2013, $3.4 million related to the Mobile Industries segment and $2.5 million related to the Process Industries segment.

Consolidated Restructuring Accrual:

The following is a rollforward of the consolidated restructuring accrual for the years ended December 31:



	2015			2014
Beginning balance, January 1	$	9.5		$	10.8
Expense	11.4			14.5
Payments	(9.6		)	(15.8		)
Ending balance, December 31	$	11.3		$	9.5

The restructuring accrual at December 31, 2015 and 2014 was included in other current liabilities on the Consolidated Balance Sheets.