Restructuring Costs Restructuring Costs (Tables)

9 Months Ended

Sep. 30, 2018

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Reserve by Type of Cost [Table Text Block]

Restructuring costs recognized associated with the restructuring are summarized below:



	Total recognized		Recognized in "General and administrative"		Recognized in "Net gain (loss) from asset sales, inclusive of restructuring costs"		Recognized in "Interest and other income (expense)"
	(in millions)
	Three Months Ended September 30, 2018
Termination benefits	$	6.7	$	5.3	$	1.4	$	—
Office lease termination costs	0.7		0.7		—		—
Accelerated share-based compensation	3.2		1.0		2.2		—
Retention expense	5.8		5.8		—		—
Pension curtailment	0.3		—		—		0.3
Total restructuring costs	$	16.7	$	12.8	$	3.6	$	0.3

	Nine Months Ended September 30, 2018
Termination benefits	$	13.7	$	10.4	$	3.3	$	—
Office lease termination costs	1.0		1.0		—		—
Accelerated share-based compensation	7.2		5.0		2.2		—
Retention expense	13.8		13.8		—		—
Pension curtailment	0.3		—		—		0.3
Total restructuring costs	$	36.0	$	30.2	$	5.5	$	0.3

Restructuring Costs [Table Text Block]



	Costs recognized period from inception to September 30, 2018		Total remaining costs expected to be incurred
	(in millions)
Termination benefits	$	13.7	$	—	⁽¹⁾
Office lease termination costs	1.0		—		⁽¹⁾
Accelerated share-based compensation	7.2		—		⁽¹⁾
Retention expense	13.8		10.5		⁽²⁾
Pension curtailment	0.3		—		⁽¹⁾
Total restructuring costs	$	36.0	$	10.5

____________________________


⁽¹⁾	Due to the nature of the Strategic Initiatives and uncertain factors such as the timing and terms of the potential divestitures, the Company is not able to reasonably estimate the total cost to be incurred as a part of this restructuring.


⁽²⁾	QEP expects to incur an additional $6.3 million of expense in 2018 and $4.2 million in 2019 related to the retention program.

Restructuring Costs, Liability [Table Text Block]

The following table is a reconciliation of QEP's restructuring liability, which is included within "Accounts payable and accrued expenses" on the Condensed Consolidated Balance Sheets.



	Restructuring liability
	Termination benefits			Office lease termination costs			Accelerated share-based compensation			Retention expense			Pension curtailment			Total
	(in millions)
Balance at December 31, 2017	$	—		$	—		$	—		$	—		$	—		$	—
Costs incurred and charged to expense	13.7			1.0			7.2			13.8			0.3			36.0
Costs paid or otherwise settled	(8.4		)	(1.0		)	(7.2		)	(8.0		)	(0.3		)	(24.9		)
Balance at September 30, 2018	$	5.3		$	—		$	—		$	5.8		$	—		$	11.1