Restructuring Charges

6 Months Ended

Jun. 30, 2017

Restructuring Charges [Abstract]

Restructuring Charges

Restructuring Charges:

We record restructuring charges associated with management-approved restructuring plans when we reorganize or remove duplicative headcount and infrastructure within our businesses. Restructuring charges include severance costs to eliminate a specified number of employees, infrastructure charges to vacate facilities and consolidate operations, contract cancellation costs and other related activities. The timing of associated cash payments is dependent upon the type of restructuring charge and can extend over a multi-year period. Restructuring charges are not included in our calculation of segment profit (loss), as more fully explained in Note 14.

Restructuring Activities in 2017

Information regarding the restructuring charges for all ongoing activities is presented in the following table (in millions):

	Charges Incurred in 2017		Charges Incurred to Date		Total Charges Expected to be Incurred
Severance and related expense	$	—	$	9.3	$	9.3
Asset write-offs and accelerated depreciation	0.1		2.5		2.5
Lease termination	—		0.2		0.2
Other	0.1		3.8		4.2
Total restructuring charges	$	0.2	$	15.8	$	16.2

While restructuring charges are excluded from our calculation of segment profit (loss), the table below presents the restructuring charges associated with each segment (in millions):

	Charges Incurred in 2017		Charges Incurred to Date		Total Charges Expected to be Incurred
Residential Heating & Cooling	$	—	$	0.9	$	0.9
Commercial Heating & Cooling	—		1.1		1.1
Refrigeration	0.2		12.1		12.1
Corporate & Other	—		1.7		2.1
Total restructuring charges	$	0.2	$	15.8	$	16.2

Restructuring accruals are included in Accrued expenses in the accompanying Consolidated Balance Sheets. The table below details the activity in 2017 within the restructuring accruals (in millions):

	Balance as of December 31, 2016		Included in Earnings		Cash Utilization			Non-Cash Utilization and Other		Balance as of June 30, 2017
Severance and related expense	$	—	$	—	$	—		$	—	$	—
Asset write-offs and accelerated depreciation	—		0.1		(0.1		)	0.1		0.1
Lease termination	—		—		—			—		—
Other	—		0.1		(0.2		)	—		(0.1		)
Total restructuring accruals	$	—	$	0.2	$	(0.3	)	$	0.1	$	—