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Restructuring
 6 Months Ended
Jun. 30, 2020
Restructuring and Related Activities [Abstract]  
Restructuring RESTRUCTURING

Restructuring expense primarily consists of employee separation benefits under existing severance programs, foreign statutory termination benefits, certain one-time termination benefits, contract termination costs, asset impairment charges and other costs that are associated with restructuring actions. Certain restructuring charges are accrued prior to payments made in accordance with applicable guidance. For such charges, the amounts are determined based on estimates prepared at the time the restructuring actions were approved by management.

In the first quarter of 2018, the Company implemented a restructuring plan ("2018 restructuring plan") to address its global processes to flatten the organization, improve efficiency and better leverage general and administrative resources. The total estimated cost in connection with this plan is in the range of $62 million to $64 million. We have recognized cumulative restructuring charges of $62.3 million, net of cumulative releases of the related liability of $11.6 million, through June 30, 2020. We expect to recognize the remaining costs by end of the year 2020.

In the first quarter of 2020, the Company implemented an immaterial restructuring plan with a total estimated cost of $2.3 million. Through June 30, 2020, we have recognized restructuring charges of $2.3 million related to severance primarily within the JBT AeroTech segment and which are excluded from the calculation of segment operating profit. We expect to complete payments for this plan by third quarter of 2020.

The following table details the amounts reported in restructuring expense for the active restructuring plans on the consolidated statement of income since the implementation of this plan: 
 
Cumulative Amount
 
For the Three Months Ended
 
Cumulative Amount
(In millions)
Balance as of December 31, 2019
 
March 31, 2020
 
June 30, 2020
 
June 30, 2020
2018 restructuring plan
 
 
 
 
 
 
 
Severance and related expense
$
25.4

 
$
2.2

 
$
0.1

 
$
27.7

Other
45.6

 
0.1

 
0.5

 
46.2

Other
 
 
 
 
 
 
 
Severance and related expense
—

 
0.7

 
1.6

 
2.3

Total Restructuring charges
$
71.0

 
$
3.0

 
$
2.2

 
$
76.2



The restructuring expense for the 2018 restructuring plan is primarily associated with the JBT FoodTech segment, and is excluded from the calculation of segment operating profit. Expense incurred during the six months ended June 30, 2020 primarily relates to costs to streamline operations as a direct result of the plan.

Liability balances for restructuring activities are included in other current liabilities in the accompanying Balance Sheet. The table below details the activities in 2020:
 
 
 
Impact to Earnings
 
 
 
 
(In millions)
Balance as of
December 31, 2019
 
Charged to
Earnings
 
Release of Liability
 
Payments Made
 
Balance as of
June 30, 2020
2018 restructuring plan
 
 
 
 
 
 
 
 
 
Severance and related expense
$
4.2

 
$
2.3

 
$
(0.7
)
 
$
(4.4
)
 
1.4

Other
1.5

 
0.6

 
(0.4
)
 
(1.6
)
 
0.1

Other
 
 
 
 
 
 
 
 
 
Severance and related expense
—

 
2.3

 
—

 
(1.0
)
 
1.3

Total
$
5.7

 
$
5.2

 
$
(1.1
)
 
$
(7.0
)
 
2.8


The Company released $1.1 million of liability during the six months ended June 30, 2020 which it no longer expects to pay in connection with the 2018 restructuring plan due to actual severance payments differing from the original estimates and natural attrition of employees.