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Other Charges, Net (Tables)
 12 Months Ended
Dec. 31, 2018
Other Charges, Net  
Components of other charges, net

The components of other charges, net for the years ended December 31, 2018, 2017 and 2016, were as follows in millions):

 

 

 

 

 

 

 

 

 

 

 

 

    

2018

    

2017

    

2016

Acquisition-related expenses (income), net

 

$

3.4

 

$

4.5

 

$

9.0

Professional fees incurred in connection with investigation matters

 

 

4.5

 

 

0.2

 

 

 —

Information technology transformation costs

 

 

4.8

 

 

4.2

 

 

6.2

Restructuring charges

 

 

6.8

 

 

10.6

 

 

9.8

Long-lived asset impairments

 

 

 —

 

 

0.2

 

 

0.8

Other charges, net

 

$

19.5

 

$

19.7

 

$

25.8

 

Schedule of changes in the restructuring reserves

The following table sets forth the changes in the restructuring reserves for the years ended December 31, 2018, 2017 and 2016 (in millions):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Provisions for

 

 

 

 

 

 

 

 

 

 

 

Excess

 

    

Total

    

Severance

    

Exit Costs

    

Inventory

Balance at December 31, 2015

 

$

23.1

 

$

10.3

 

$

2.4

 

$

10.4

Restructuring charges

 

 

20.8

 

 

10.6

 

 

7.2

 

 

3.0

Cash payments

 

 

(22.1)

 

 

(15.6)

 

 

(5.6)

 

 

(0.9)

Non-cash adjustments

 

 

(5.4)

 

 

(0.4)

 

 

(0.3)

 

 

(4.7)

Foreign currency impact

 

 

(0.2)

 

 

 —

 

 

 —

 

 

(0.2)

Balance at December 31, 2016

 

$

16.2

 

$

4.9

 

$

3.7

 

$

7.6

Restructuring charges

 

 

16.2

 

 

7.7

 

 

6.2

 

 

2.3

Cash payments

 

 

(17.1)

 

 

(10.1)

 

 

(6.8)

 

 

(0.2)

Non-cash adjustments

 

 

(5.5)

 

 

(0.7)

 

 

(1.0)

 

 

(3.8)

Foreign currency impact

 

 

1.0

 

 

0.2

 

 

 —

 

 

0.8

Balance at December 31, 2017

 

$

10.8

 

$

2.0

 

$

2.1

 

$

6.7

Restructuring charges

 

 

9.4

 

 

4.1

 

 

5.3

 

 

 —

Cash payments

 

 

(9.2)

 

 

(4.4)

 

 

(4.8)

 

 

 —

Non-cash adjustments

 

 

(3.5)

 

 

0.3

 

 

(1.2)

 

 

(2.6)

Foreign currency impact

 

 

(0.2)

 

 

 —

 

 

 —

 

 

(0.2)

Balance at December 31, 2018

 

$

7.3

 

$

2.0

 

$

1.4

 

$

3.9

 

Summary of restructuring charges by segment

Restructuring charges by segment as of and for the years ended December 31, are as follows (in millions):

 

 

 

 

 

 

 

 

 

 

 

 

    

2018

    

2017

    

2016

BSI

 

$

9.4

 

$

14.1

 

$

20.8

BEST

 

 

 —

 

 

2.1

 

 

 —

 

 

$

9.4

 

$

16.2

 

$

20.8

 

Other programs  
Other Charges, Net  
Summary of restructuring charges by segment

Restructuring charges for the years ended December 31, 2018, 2017 and 2016 included charges for various other programs which were recorded in the accompanying consolidated statements of income and comprehensive income as follows (in millions):

 

 

 

 

 

 

 

 

 

 

 

 

    

2018

    

2017

    

2016

Cost of revenues

 

$

2.6

 

$

5.6

 

$

11.0

Other charges, net

 

 

6.8

 

 

10.6

 

 

9.8

 

 

$

9.4

 

$

16.2

 

$

20.8