Other Charges (Gain), Net

9 Months Ended

Sep. 30, 2020

Other Charges (Gain), Net

Other Charges (Gain), Net

14.  Other Charges (Gain), Net

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Information technology transformation costs	$	0.5	$	0.8	$	1.8	$	2.8
Professional fees incurred in connection with investigation matters		0.3		—		4.8		—
Restructuring charges		1.7		(7.4)		4.4		(5.5)
Acquisition-related charges		0.9		0.9		(1.0)		5.9
Long-lived asset impairments		0.7		—		1.9		—
Other		0.1		0.4		0.3		1.7
Other charges(gain), net	$	4.2	$	(5.3)	$	12.2	$	4.9

Restructuring Initiatives

Restructuring charges 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 (dollars in millions):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Cost of revenues	$	0.2	$	0.6	$	1.3	$	4.1
Other charges, net		1.7		(7.4)		4.4		(5.5)
Total	$	1.9	$	(6.8)	$	5.7	$	(1.4)

In the three and nine months ended September 30, 2019, the restructuring charges included a gain of $7.8 million related to the sale of a building in Leipzig, Germany.

The following table sets forth the changes in restructuring reserves (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		5.7		4.0		1.5		0.2
Cash payments		(5.7)		(4.1)		(1.6)		—
Other, non-cash adjustments and foreign currency effect		(1.0)		(0.4)		0.5		(1.1)
Balance at September 30, 2020	$	3.6	$	1.7	$	0.5	$	1.4