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Restructuring
 9 Months Ended
Sep. 30, 2019
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring
In 2018, we recorded restructuring charges of $7.2 million related to the acquisition of Crane Currency and the 2017 repositioning actions described below. In the three- and nine-month periods ended September 30, 2019, we recorded additional restructuring charges of $1.6 million and $6.1 million, respectively, related to these actions.
Acquisition-Related Restructuring
In 2018, we initiated actions within our Payment & Merchandising Technologies segment related to the closure of Crane Currency’s printing operations in Sweden, which will be transitioned to a new print facility in Malta. We expect these actions to result in workforce reductions of approximately 170 employees, or less than 2% of our global workforce.
Restructuring charges included severance and other costs related to such actions, all of which are cash costs. The following table summarizes the restructuring charges in 2019 and cumulatively through September 30, 2019:
 
Severance
 
Other
 
Total
(in millions)
2019
 
Cumulative
 
2019
 
Cumulative
 
2019
 
Cumulative
Payment & Merchandising Technologies
$
0.9

 
$
2.5

 
$
2.8

 
$
2.8

 
$
3.7

 
$
5.3


There is no remaining liability associated with these actions as of September 30, 2019.
We expect to incur additional restructuring and related charges of $0.3 million in 2019 to complete these actions. We expect recurring pre-tax savings subsequent to initiating all actions to approximate $23 million annually.

2017 Repositioning
During the fourth quarter of 2017, we initiated broad-based repositioning actions designed to improve profitability. These actions include headcount reductions of approximately 300 employees, or about 3% of our global workforce, and select facility consolidations in North America and Europe.
Restructuring charges included severance and other costs related to the consolidation of certain manufacturing operations, all of which are cash costs. The following table summarizes the restructuring charges by business segment in 2019 and cumulatively through September 30, 2019:
 
Severance
 
Other
 
Total
(in millions)
2019
 
Cumulative
 
2019
 
Cumulative
 
2019
 
Cumulative
Fluid Handling
$
0.8

 
$
17.5

 
$
—

 
$
—

 
$
0.8

 
$
17.5

Payment & Merchandising Technologies
0.3

 
12.6

 
1.4

 
1.8

 
1.7

 
14.4

Aerospace & Electronics
—

 
1.3

 
(0.1
)
 
(1.1
)
 
(0.1
)
 
0.2

 
$
1.1

 
$
31.4

 
$
1.3

 
$
0.7

 
$
2.4

 
$
32.1


Additionally, we recorded $7.5 million of non-restructuring costs associated with the facility consolidations in
2018. In the three- and nine-month periods ended September 30, 2019, we recorded non-restructuring charges of $2.6 million and $9.1 million, respectively, related to these actions.
To complete these actions, we expect to incur an additional $3.6 million of restructuring and facility consolidation related charges in 2019 and 2020 in each of the segments as follows:
(in millions)
2019
 
2020
 
Total
Fluid Handling
$
1.0

 
$
1.6

 
$
2.6

Payment & Merchandising Technologies
0.3

 
—

 
0.3

Aerospace & Electronics
0.7

 
—

 
0.7

 
$
2.0

 
$
1.6

 
$
3.6

The following table summarizes the expected costs by nature of costs and year:
(in millions)
2019
 
2020
 
Total
Restructuring
$
1.0

 
$
—

 
$
1.0

Facility consolidation
1.0

 
1.6

 
2.6

 
$
2.0

 
$
1.6

 
$
3.6

We expect recurring pre-tax savings subsequent to initiating all actions to approximate $30 million annually.
The following table summarizes the accrual balances related to these restructuring charges: 
(in millions)
Balance at December 31, 2018
 
Expense
(Gain) (1)
 
Utilization
 
Balance at
September 30, 2019
Fluid Handling
 
 
 
 
 
 
 
Severance
$
12.9

 
$
0.8

 
$
(2.8
)
 
$
10.9

Other
—

 
—

 
—

 
—

Total Fluid Handling
$
12.9

 
$
0.8

 
$
(2.8
)
 
$
10.9

 
 
 
 
 
 
 
 
Payment & Merchandising Technologies
 
 
 
 
 
 
 
Severance
$
9.4

 
$
0.3

 
$
(7.7
)
 
$
2.0

Other
—

 
1.4

 
(1.4
)
 
—

Total Payment & Merchandising Technologies
$
9.4

 
$
1.7

 
$
(9.1
)
 
$
2.0

 
 
 
 
 
 
 
 
Aerospace & Electronics
 
 
 
 
 
 
 
Severance
$
0.9

 
$
—

 
$
(0.1
)
 
$
0.8

Other
—

 
(0.1
)
 
0.3

 
0.2

Total Aerospace & Electronics
$
0.9

 
$
(0.1
)
 
$
0.2

 
$
1.0

Total Restructuring
$
23.2

 
$
2.4

 
$
(11.7
)
 
$
13.9

(1) Reflected in our Condensed Consolidated Statements of Operations as “Restructuring charges”