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SPECIAL (GAINS) AND CHARGES (Tables)
9 Months Ended
Sep. 30, 2021
Restructuring Activities  
Special (gains) and charges

Third Quarter Ended 

Nine Months Ended 

September 30

September 30

(millions)

    

2021

2020

    

2021

2020

Cost of sales

Restructuring activities

$2.2

$1.0

$24.1

 

$6.6

Acquisition and integration activities

-

1.5

-

4.1

COVID-19 activities, net

50.7

1.8

51.8

8.7

Other

-

5.2

0.3

26.2

Cost of sales subtotal

52.9

9.5

76.2

 

45.6

Special (gains) and charges

Restructuring activities

0.4

26.9

6.5

 

31.4

Acquisition and integration activities

0.8

2.7

3.3

5.5

Disposal and impairment activities

-

-

-

45.9

COVID-19 activities, net

1.5

(3.0)

16.2

 

7.2

Other

3.6

8.4

10.7

 

30.3

Special (gains) and charges subtotal

6.3

35.0

36.7

 

120.3

Operating income subtotal

59.2

44.5

112.9

165.9

Interest expense, net

32.3

83.1

32.3

83.8

Other (income) expense

7.0

-

26.6

-

Total special (gains) and charges

$98.5

$127.6

$171.8

$249.7

Institutional Advancement Program  
Restructuring Activities  
Restructuring activity

Employee

    

    

    

    

Termination

Asset

(millions)

    

Costs

    

Disposals

    

Other

    

Total

2020 Activity

Recorded expense and accrual

$25.6

$-

$9.6

$35.2

Net cash payments

 

(0.9)

-

(9.6)

(10.5)

Restructuring liability, December 31, 2020

 

24.7

-

-

24.7

2021 Activity

Recorded expense (income) and accrual

 

 

2.2

6.0

1.3

 

9.5

Net cash payments

 

 

(18.9)

-

(2.7)

 

(21.6)

Non-cash net charges

 

 

-

(6.0)

1.4

 

(4.6)

Restructuring liability, September 30, 2021

$8.0

$-

$-

$8.0

Accelerate 2020 Restructuring Plan  
Restructuring Activities  
Restructuring activity

    

Employee

    

    

    

    

Termination

Asset

(millions)

    

Costs

    

Disposals

    

Other

    

Total

2018-2020 Activity

Recorded expense

$212.0

$8.0

$19.2

$239.2

Net cash payments

 

(144.3)

1.2

(12.2)

 

(155.3)

Non-cash charges

 

-

(9.2)

(2.0)

 

(11.2)

Effect of foreign currency translation

 

(0.9)

-

-

 

(0.9)

Restructuring liability, December 31, 2020

66.8

-

5.0

71.8

2021 Activity

Recorded expense

2.4

0.3

0.2

2.9

Net cash payments

 

(31.6)

-

(2.1)

(33.7)

Non-cash charges

 

-

(0.3)

(0.1)

(0.4)

Restructuring liability, September 30, 2021

$37.6

$-

$3.0

$40.6