16. Other Charges, Net

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


	Three Months Ended March 31,
	2019		2018
Information technology transformation costs	$	0.9	$	1.5
Restructuring charges		1.1		3.3
Acquisition-related charges		3.8		1.0
Other		0.5		2.0
Other charges, net	$	6.3	$	7.8

Restructuring Initiatives

Restructuring charges for the three month period ended March 31, 2019 and 2018 include charges for various programs that were recorded in the accompanying unaudited condensed consolidated statements of income and comprehensive income. The following table sets forth the restructuring charges for the three months ended March 31, 2019 and 2018 (dollars in millions):


	Three Months Ended March 31,
	2019		2018
Cost of revenues	$	2.9	$	0.2
Other charges, net		1.1		3.3
	$	4.0	$	3.5

The following table sets forth the changes in restructuring reserves for the three months ended March 31, 2019 (dollars in millions):


							Provisions
							for Excess
	Total		Severance		Exit Costs		Inventory
Balance at December 31, 2018	$	7.3	$	2.0	$	1.4	$	3.9
Restructuring charges		4.0		3.1		0.7		0.2
Cash payments		(1.4)		(1.0)		(0.4)		—
Other, non-cash adjustments and foreign currency effect		(2.1)		(0.1)		(1.7)		(0.3)
Balance at March 31, 2019	$	7.8	$	4.0	$	—	$	3.8