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Other Charges, Net
3 Months Ended
Mar. 31, 2020
Other Charges, Net  
Other Charges, Net

15.  Other Charges, Net

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

Three Months Ended March 31,

    

2020

    

2019

Information technology transformation costs

$

0.9

$

0.9

Professional fees incurred in connection with investigation matters

3.4

Restructuring charges

 

1.5

 

1.1

Acquisition-related charges

(1.1)

3.8

Long-lived asset impairments

1.2

Other

 

0.3

 

0.5

Other charges, net

$

6.2

$

6.3

Restructuring Initiatives

Restructuring charges for the three month periods ended March 31, 2020 and 2019 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, 2020 and 2019 (dollars in millions):

Three Months Ended March 31, 

    

2020

    

2019

Cost of revenues

 

$

0.8

 

$

2.9

Other charges, net

 

1.5

 

1.1

$

2.3

$

4.0

The following table sets forth the changes in restructuring reserves for the three months ended March 31, 2020 (dollars in millions):

Provisions

for Excess

    

Total

    

Severance

    

Exit Costs

    

Inventory

Balance at December 31, 2019

$

4.6

$

2.2

$

0.1

$

2.3

Restructuring charges

 

2.3

 

1.5

 

0.8

 

Cash payments

 

(1.7)

 

(0.8)

 

(0.9)

 

Other, non-cash adjustments and foreign currency effect

(1.0)

(1.0)

Balance at March 31, 2020

$

4.2

$

2.9

$

$

1.3