XML 51 R39.htm IDEA: XBRL DOCUMENT v3.21.2
Restructuring Activities (Tables)
9 Months Ended
Sep. 30, 2021
Restructuring and Related Activities [Abstract]  
Schedule of Approved Restructuring Spending Restructuring spend is estimated to be incurred as follows:
(In millions)Total Restructuring Program RangeLess Cumulative Spend to DateRemaining Restructuring Spend
LowHighLowHigh
Costs of reduction in headcount as a result of reorganization
$65 $70 $(65)$— $
Other expenses associated with the Program105 120 (98)22 
Total expense$170 $190 $(163)$7 $27 
Capital expenditures10 (7)— 
Total estimated cash cost(1)
$175 $200 $(170)$7 $30 
(1)    Total estimated cash cost excludes the impact of proceeds expected from the sale of property and equipment and foreign currency impact.
Restructuring and Relocation Activities
The following table details our aggregate restructuring activities incurred under the Company's Program or prior restructuring programs at the time the expense was recorded as reflected in the Condensed Consolidated Statements of Operations:
Three Months Ended
September 30,
Nine Months Ended
September 30,
(In millions)2021202020212020
Other associated costs$5.4 $7.2 $15.5 $15.0 
Restructuring charges2.4 1.0 4.5 11.7 
Total charges$7.8 $8.2 $20.0 $26.7 
Capital expenditures$1.7 $0.2 $5.0 $0.4 
Components of Restructuring Accrual, Spending and Other Activity and Accrual Balance Remaining
The aggregate restructuring accrual, spending and other activity for the nine months ended September 30, 2021 and the accrual balance remaining at September 30, 2021 related to these programs were as follows:
(In millions)
Restructuring accrual at December 31, 2020$14.3 
Accrual and accrual adjustments4.5 
Cash payments during 2021(9.0)
Effect of changes in foreign currency exchange rates(0.4)
Restructuring accrual at September 30, 2021(1)
$9.4 
 
(1)    The restructuring accrual as of September 30, 2021 includes the balance related to the Reinvent SEE business transformation, as well as an accrual of $1.9 million for a restructuring program related to recent acquisitions. We did not incur any restructuring charges related to the program associated with recent acquisitions for the three and nine months ended September 30, 2021 and 2020, respectively.