Restructuring Charges

During the first quarter of 2017, the Company initiated a restructuring plan (the “2017 Restructuring Plan”) to realign its workforce and increase operational efficiencies. During the second quarter of 2017, the Company undertook certain further actions under the 2017 Restructuring Plan, resulting in additional severance and contract termination costs that were recorded to restructuring charges in the Condensed Consolidated Statement of Operations.

During the three and six months ended June 30, 2017, the Company recorded $6.6 million and $25.4 million of severance costs, and $1.4 million and $2.0 million of contract terminations, respectively, that were recorded to restructuring charges in the Condensed Consolidated Statement of Operations. These costs are expected to be substantially paid during the next three months. The Company does not expect to incur material future charges under the 2017 Restructuring Plan.

Restructuring liabilities are reported within other accrued liabilities on the Condensed Consolidated Balance Sheets. The following table provides a summary of changes in the restructuring liabilities primarily related to the 2017 Restructuring Plan initiated in February 2017 (in millions):



	December 31, 2016^(*)		Charges		Cash Payments			Other			June 30, 2017
Severance	$	0.7	$	25.4	$	(18.3	)	$	(0.5	)	$	7.3
Contract terminations and other	0.5		2.0		(0.2		)	0.1			2.4
Total	$	1.2	$	27.4	$	(18.5	)	$	(0.4	)	$	9.7

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^(*)Consists of costs in connection with a prior restructuring plan that is substantially complete.