Restructuring Charges

12 Months Ended

Dec. 31, 2020

Restructuring and Related Activities [Abstract]

Restructuring Charges

Note 8. Restructuring Charges

The following table presents restructuring charges included in the Consolidated Statements of Operations (in millions):

	Years Ended December 31,
	2020		2019		2018
Severance	$	62.8	$	21.5	$	8.3
Contract terminations	—		11.7		(1.0)
Facility consolidations and other	5.2		2.1		—
Total	$	68.0	$	35.3	$	7.3
Reported as:
Restructuring charges	$	68.0	$	35.3	$	7.3
Total	$	68.0	$	35.3	$	7.3

2020 Restructuring Plan

In 2020, the Company initiated a restructuring plan (the "2020 Restructuring Plan") designed to realign its workforce with the Company's sales strategy, enhance productivity and cost efficiencies, and enable reinvestment in certain key priority areas, which resulted in severance costs of $16.8 million and other exit related costs, including impairment charges, of $5.2 million. In connection with the 2020 Restructuring Plan, during the fourth quarter of 2020, the Company implemented a voluntary early retirement program for employees who met certain eligibility requirements, which resulted in additional severance costs of $46.0 million that were recorded to restructuring charges in the Consolidated Statement of Operations. The 2020 Restructuring Plan related activities are expected to be completed in 2021.

Prior Restructuring Activities

In 2019, the Company initiated a restructuring plan (the "2019 Restructuring Plan") to realign its workforce with the Company's sales strategy, improve productivity, and enhance cost efficiencies, which resulted in severance, facility consolidation, and contract termination costs that were recorded to restructuring charges in the Consolidated Statement of Operations.

In 2018, the Company initiated a restructuring plan to realign its workforce as a result of organizational and leadership changes, which resulted in severance and contract termination costs that were recorded to restructuring charges in the Consolidated Statement of Operations.

Restructuring Liabilities

Restructuring liabilities are reported within other accrued liabilities in the Consolidated Balance Sheets. The following table provides a summary of changes in the restructuring liabilities associated with the 2020 Restructuring Plan and 2019 Restructuring Plan (in millions):

	December 31, 2019		Charges/ (Benefits)		Cash Payments		Other		December 31, 2020
Severance	$	0.7	$	62.8	$	(12.3)	$	(0.5)	$	50.7
Facility consolidations and other	—		5.2		—		(5.2)		—
Total	$	0.7	$	68.0	$	(12.3)	$	(5.7)	$	50.7