Other Charges, Net

12 Months Ended

Dec. 31, 2022

Restructuring and Related Activities [Abstract]

20. Other Charges, Net

The components of other charges, net were as follows (in millions):


	2022		2021			2020
Acquisition-related expenses, net	$	19.3	$	6.1		$	2.4
Professional fees incurred in connection with investigation matters and other legal matters		2.4		1.1			5.9
Information technology transformation costs		3.0		2.8			2.5
Restructuring charges		3.9		4.8			12.0
Long-lived asset impairments		0.3		(0.5	)		2.1
Other		0.8		—			—
Other charges, net	$	29.7	$	14.3		$	24.9

Restructuring Initiatives

Restructuring charges for the years ended December 31, 2022, 2021 and 2020 included charges for various other programs which were recorded in the accompanying consolidated statements of income and comprehensive income as follows (in millions):


	2022		2021		2020
Cost of revenues	$	0.9	$	3.4	$	3.8
Other charges, net		3.9		4.8		12.0
	$	4.8	$	8.2	$	15.8

The following table sets forth the changes in the restructuring reserves (in millions):


	Total			Severance			Exit Costs			Provisions for Excess Inventory
Balance at December 31, 2019	$	4.6		$	2.2		$	0.1		$	2.3
Restructuring charges		15.8			13.6			2.0			0.2
Cash payments		(10.0	)		(8.0	)		(2.0	)		—
Non-cash adjustments		(1.0	)		(0.5	)		0.7			(1.2	)
Foreign currency impact		0.4			0.3			—			0.1
Balance at December 31, 2020	$	9.8		$	7.6		$	0.8		$	1.4
Restructuring charges		8.2			5.3			1.5			1.4
Cash payments		(10.3	)		(9.3	)		(1.0	)		—
Non-cash adjustments		(1.1	)		—			(1.0	)		(0.1	)
Foreign currency impact		(0.2	)		(0.1	)		—			(0.1	)
Balance at December 31, 2021	$	6.4		$	3.5		$	0.3		$	2.6
Restructuring charges		4.8			2.4			2.3			0.1
Cash payments		(7.8	)		(5.4	)		(2.4	)		—
Non-cash adjustments		(1.4	)		—			—			(1.4	)
Foreign currency impact		(0.2	)		(0.1	)		—			(0.1	)
Balance at December 31, 2022	$	1.8		$	0.4		$	0.2		$	1.2