Restructuring Activities

3 Months Ended

Mar. 31, 2015

Restructuring and Related Activities [Abstract]

Restructuring Activities

Restructuring and Impairment Activities

The Company incurred restructuring and impairment expenses of $4.0 million and $0.1 million in the three months ended March 31, 2015 and 2014, respectively.

The Reconstituted Tobacco segment restructuring and impairment expenses were $3.8 million and $0.1 million for the three months ended March 31, 2015 and 2014, respectively. During the three months ended March 31, 2015, restructuring and impairment expenses were composed of $3.1 million in severance accruals for employees at our Quimperlé and Spay, France facilities as well as $0.7 million in loss recognized on the sale of equipment from our RTL Philippines location. The 2014 restructuring expenses primarily related to severance and early retirement expenses in the French operations for ongoing accruals over the remaining service lives of affected employees related to previously announced actions.

Additionally, the Company incurred $0.2 million in restructuring expenses during the first quarter of 2015 related to accruals for severance expenses within supporting overhead departments which were not allocated to a specific segment.

Restructuring liabilities were classified within Accrued Expenses in each of the consolidated balance sheets as of March 31, 2015 and December 31, 2014. Changes in the restructuring liabilities, substantially all of which are employee-related, during the periods ended March 31, 2015 and December 31, 2014 are summarized as follows ($ in millions):

	Three Months Ended			Year Ended
	March 31, 2015			December 31, 2014
Balance at beginning of year	$	8.7		$	4.7
Accruals for announced programs	3.3			11.2
Cash payments	(1.1		)	(6.3		)
Exchange rate impacts	(1.0		)	(0.9		)
Balance at end of period	$	9.9		$	8.7