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Other Charges, Net (Tables)
3 Months Ended
Mar. 31, 2019
Other Charges, Net  
Components of 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

 

Summary of restructuring charges

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

 

Schedule of changes in restructuring reserves

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