Other Charges, Net (Tables)

3 Months Ended

Mar. 31, 2015

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

	Three Months Ended March 31,
	2015		2014
Information technology transformation costs	$	1.7	$	0.6
Restructuring charges	1.3		0.2
Pension settlement charge	10.2		—
Professional fees incurred in connection with internal investigation	—		2.2
Acquisition-related charges	—		0.6
Other charges, net	$	13.2	$	3.6

The following table sets forth the changes in restructuring reserves for the three months ended March 31, 2015 (in millions):

	Total			Severance			Exit Costs			Provisions for Excess Inventory
Balance at December 31, 2014	$	16.1		$	7.1		$	1.3		$	7.7
Restructuring charges	3.3			1.3			1.5			0.5
Cash payments	(5.0		)	(3.5		)	(1.5		)	—
Foreign currency effect	(1.5		)	(0.6		)	—			(0.9		)
Balance at March 31, 2015	$	12.9		4.3			$	1.3		$	7.3