Restructuring (Tables)

3 Months Ended

Mar. 31, 2023

Restructuring and Related Activities [Abstract]

The following table summarizes the cumulative restructuring costs, net incurred through March 31, 2023. As of March 31, 2023, we do not expect to incur additional facility consolidation costs to complete these actions.


	Cumulative Restructuring Costs, Net
(in millions)	Severance		Other		Total

Aerospace & Electronics	$	1.5	$	—	$	1.5
Process Flow Technologies	6.3		—		6.3
Payment & Merchandising Technologies	5.7		0.5		6.2
Engineered Materials	0.4		—		0.4
2022 Repositioning	$	13.9	$	0.5	$	14.4







Process Flow Technologies	$	14.9	$	(2.8)	$	12.1
2019 Repositioning	$	14.9	$	(2.8)	$	12.1

Restructuring Liability

The following table summarizes the accrual balances related to each restructuring program:


(in millions)	2022 Repositioning		2019 Repositioning		Total
Severance:
Balance as of December 31, 2022 (a)	$	14.2	$	2.4	$	16.6


Utilization	(4.1)		(1.0)		(5.1)
Balance as of March 31, 2023 (a)	$	10.1	$	1.4	$	11.5



(a)			Included within Accrued Liabilities in the Condensed Consolidated Balance Sheets.