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Other Charges (Gain), Net (Tables)
9 Months Ended
Sep. 30, 2020
Other Charges (Gain), Net  
Schedule of Components of other charges, 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

Summary of restructuring charges

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)

Schedule of changes in restructuring reserves

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