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Restructuring Restructuring (Tables)
9 Months Ended
Sep. 30, 2020
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
Restructuring charges, net by segment are as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(in millions)
2020
 
2019
 
2020
 
2019
Fluid Handling 1
$

 
$

 
$
4.7

 
$
0.8

Payment & Merchandising Technologies 2

 
1.6

 
12.6

 
5.4

Aerospace & Electronics 3

 

 
4.7

 
(0.1
)
Engineered Materials

 

 
0.6

 

Total restructuring charges, net 4
$

 
$
1.6

 
$
22.6

 
$
6.1

1 We also recorded related costs of $1.2 million and $2.6 million for the three months ended September 30, 2020 and 2019, respectively, and $3.0 million and $6.4 million for the nine months ended September 30, 2020 and 2019, respectively. These costs primarily relate to facility consolidations and are recorded within Cost of sales and Selling, general and administrative.
2 We also recorded related costs of $0.2 million and $(0.6) million for the three months ended September 30, 2020 and 2019, respectively, and $1.0 million and $0.4 million for the nine months ended September 30, 2020 and 2019, respectively. These costs primarily relate to facility consolidations and are recorded within Cost of sales and Selling, general and administrative.
3 We also recorded related costs of $0.7 million and $2.8 million for the three and nine months ended September 30, 2019, respectively. These costs primarily relate to facility consolidations and are recorded within Cost of sales and Selling, general and administrative.
4 We also recorded related costs of $1.4 million and $2.6 million for the three months ended September 30, 2020 and 2019, respectively, and $4.0 million and $9.3 million for the nine months ended September 30, 2020 and 2019, respectively. These costs primarily relate to facility consolidations and are recorded within Cost of sales and Selling, general and administrative.


The following table summarizes our restructuring charges, net by program, cost type and segment for the nine months ended September 30, 2020 and 2019:
 
Nine months ended September 30, 2020
 
Nine months ended September 30, 2019
(in millions)
Severance
Other
Total
 
Severance
Other
Total
Fluid Handling
$
4.7

$

$
4.7

 
$

$

$

Payment & Merchandising Technologies
13.8

1.0

14.8

 



Aerospace & Electronics
4.7


4.7

 



Engineered Materials
0.6


0.6

 



2020 Repositioning
$
23.8

$
1.0

$
24.8

 
$

$

$

 
 
 
 
 
 
 
 
Fluid Handling
$

$

$

 
$
0.8

$

$
0.8

Payment & Merchandising Technologies 1
(1.0
)
(1.5
)
(2.5
)
 
0.3

1.4

1.7

Aerospace & Electronics



 

(0.1
)
(0.1
)
2017 Repositioning
$
(1.0
)
$
(1.5
)
$
(2.5
)
 
$
1.1

$
1.3

$
2.4

 
 
 
 
 
 
 
 
Payment & Merchandising Technologies
$

$

$

 
$
0.9

$
2.8

$
3.7

Acquisition-Related Restructuring
$

$

$

 
$
0.9

$
2.8

$
3.7

 
 
 
 
 
 
 
 
Payment & Merchandising Technologies
$
0.3

$

$
0.3

 
$

$

$

Other Restructuring
$
0.3

$

$
0.3

 
$

$

$

 
 
 
 
 
 
 
 
Total
$
23.1

$
(0.5
)
$
22.6

 
$
2.0

$
4.1

$
6.1

1 We recorded a pre-tax gain of $1.5 million related to the sale of a facility in the first nine months of 2020.

The following table summarizes the cumulative restructuring costs incurred through September 30, 2020 and the remaining costs related to facility consolidations expected to complete these actions as of September 30, 2020:
 
Cumulative Restructuring Costs
 
Remaining Costs
(in millions)
Severance
Other
Total
 
2020
2021
Total
Fluid Handling
$
4.7

$

$
4.7

 
$

$

$

Payment & Merchandising Technologies
13.8

1.0

14.8

 



Aerospace & Electronics
4.7


4.7

 



Engineered Materials
0.6


0.6

 



2020 Repositioning
$
23.8

$
1.0

$
24.8

 
$

$

$

 
 
 
 
 
 
 
 
Fluid Handling
$
9.9

$

$
9.9

 
$
3.8

$
4.2

$
8.7

2019 Repositioning
$
9.9

$

$
9.9

 
$
3.8

$
4.2

$
8.7

 
 
 
 
 
 
 
 
Fluid Handling
$
17.3

$

$
17.3

 
$
0.8

$

$
0.8

Payment & Merchandising Technologies
11.6

0.7

12.3

 



Aerospace & Electronics
1.3

(1.4
)
(0.1
)
 



2017 Repositioning
$
30.2

$
(0.7
)
$
29.5

 
$
0.8

$

$
0.8


Restructuring Liability
The following table summarizes the accrual balances related to these restructuring charges by program:
(in millions)
 
2020 Repositioning
2019 Repositioning
2017 Repositioning
Other Restructuring
Total
Severance:
 
 
 
 
 
 
Balance at December 31, 2019
 
$

$
9.9

$
12.5

$

$
22.4

Expense (Gain)1
 
23.8


(1.0
)
0.3

23.1

Utilization
 
(18.8
)

(2.6
)
(0.3
)
(21.7
)
Balance at September 30, 2020 2
 
$
5.0

$
9.9

$
8.9

$

$
23.8

 
 
 
 
 
 
 
Other Restructuring Costs:
 
 
 
 
 
 
Balance at December 31, 2019
 
$

$

$
0.2

$

$
0.2

Expense (Gain)1
 
1.0


(1.5
)

(0.5
)
Utilization
 
(1.0
)

1.3


0.3

Balance at September 30, 2020
 
$

$

$

$

$

1 Reflected in the Condensed Consolidated Statements of Operations as “Restructuring charges, net”
2 Included within Accrued Liabilities in the Condensed Consolidated Balance Sheets