Restructuring initiatives (Tables)

3 Months Ended

Mar. 31, 2018

Restructuring and Related Activities [Abstract]

Schedule of restructuring costs

Restructuring costs recognized in the condensed consolidated statements of operations for each segment were as follows:

	Three months ended
(dollars in millions)	March 31, 2018			April 1, 2017
Power Transmission	$	(0.4	)	$	1.0
Fluid Power	0.1			0.8
Continuing operations	$	(0.3	)	$	1.8

Schedule of restructuring reserves activity

The following summarizes the restructuring reserves activity for the three month periods ended March 31, 2018 and April 1, 2017, respectively:

(dollars in millions)	As of March 31, 2018			As of April 1, 2017
Balance as of the beginning of the period	$	8.6		$	5.0
Net (benefit) charge for the period	(1.0		)	0.3
Utilized during the period	(3.1		)	(2.0		)
Foreign currency translation	0.1			—
Balance as of the end of the period	$	4.6		$	3.3

Restructuring reserves are included in the accompanying condensed consolidated balance sheet as follows:

(dollars in millions)	As of March 31, 2018		As of April 1, 2017
Accrued expenses and other current liabilities	$	4.2	$	3.1
Other non-current liabilities	0.4		0.2
	$	4.6	$	3.3