XML 39 R32.htm IDEA: XBRL DOCUMENT v3.3.0.814
Other Charges, Net (Tables)
9 Months Ended
Sep. 30, 2015
Other Charges, Net  
Components of Other Charges, net

 

The components of Other Charges, net were as follows (in millions):

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

Information technology transformation costs

 

$

2.6

 

$

1.1

 

$

6.2

 

$

2.4

 

Restructuring charges

 

3.0

 

2.8

 

5.3

 

7.0

 

Pension settlement charge

 

 

 

10.2

 

 

Professional fees incurred in connection with internal investigation

 

0.4

 

0.3

 

0.4

 

3.1

 

Acquisition-related charges (benefits)

 

0.4

 

1.2

 

(2.5

)

2.1

 

Long-lived asset impairments

 

2.5

 

6.9

 

4.3

 

6.9

 

 

 

 

 

 

 

 

 

 

 

Other charges, net

 

$

8.9

 

$

12.3

 

$

23.9

 

$

21.5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of changes in the restructuring reserves

 

The following table sets forth the changes in restructuring reserves for the nine months ended September 30, 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

 

21.2

 

10.3

 

5.5

 

5.4

 

Cash payments

 

(14.7

)

(9.6

)

(4.1

)

(1.0

)

Other, non-cash adjustments and foreign currency effect

 

(2.4

)

(0.5

)

 

(1.9

)

 

 

 

 

 

 

 

 

 

 

Balance at September 30, 2015

 

$

20.2

 

7.3

 

$

2.7

 

$

10.2