Restructuring Activities (Tables)

9 Months Ended

Sep. 30, 2020

Restructuring and Related Activities [Abstract]

Schedule of Approved Restructuring Spending

The Board of Directors has approved cumulative restructuring spend of $840 to $885 million for the Program. Restructuring spend is estimated to be incurred as follows:

(in millions)	Total Restructuring Program Range				Less Cumulative Spend to Date		Remaining Restructuring Spend(2)
	Low		High				Low		High
Costs of reduction in headcount as a result of reorganization	$	355	$	370	$	(335)	$	20	$	35
Other expenses associated with the Program	230		245		(213)		17		32
Total expense	$	585	$	615	$	(548)	$	37	$	67
Capital expenditures	255		270		(239)		16		31
Total estimated cash cost(1)	$	840	$	885	$	(787)	$	53	$	98

(1)    Total estimated cash cost excludes the impact of proceeds expected from the sale of property and equipment and foreign currency impact.

(2)    Remaining restructuring spend primarily consists of restructuring costs associated with the Company’s Reinvent SEE strategy.

Restructuring and Relocation Activities

The following table details our restructuring activities reflected in the Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2020 and 2019:

	Three Months Ended September 30,				Nine Months Ended September 30,
(In millions)	2020		2019		2020		2019
Other associated costs	$	7.2	$	12.8	$	15.0	$	50.8
Restructuring charges	1.0		6.9		11.7		43.6
Total charges	$	8.2	$	19.7	$	26.7	$	94.4
Capital expenditures	$	0.2	$	0.2	$	0.4	$	2.5

Components of Restructuring Accrual, Spending and Other Activity and Accrual Balance Remaining

The restructuring accrual, spending and other activity for the nine months ended September 30, 2020 and the accrual balance remaining at September 30, 2020 related to these programs were as follows:

(In millions)
Restructuring accrual at December 31, 2018	$	37.5
Accrual and accrual adjustments	41.9
Cash payments during 2019	(47.6)
Effect of changes in foreign currency exchange rates	(0.3)
Restructuring accrual at December 31, 2019	$	31.5
Accrual and accrual adjustments	11.7
Cash payments during 2020	(23.0)
Effect of changes in foreign currency exchange rates	(0.5)
Restructuring accrual at September 30, 2020	$	19.7