XML 39 R27.htm IDEA: XBRL DOCUMENT v3.19.2
RESTRUCTURING CHARGES (Tables)
9 Months Ended
Jul. 31, 2019
Restructuring and Related Activities [Abstract]  
Reconciliation of Beginning and Ending Restructuring Reserve Balances
The following is a reconciliation of the beginning and ending restructuring reserve balances for the nine months ended July 31, 2019:
(in millions)
Employee
Separation
Costs
 
Other
Costs
 
Total
Balance at October 31, 2018
$
4.2

 
$
0.2

 
$
4.4

Costs incurred and charged to expense
18.7

 
1.6

 
20.3

Costs paid or otherwise settled
(12.2
)
 
(1.1
)
 
(13.3
)
Balance at July 31, 2019
$
10.7

 
$
0.7

 
$
11.4


Reconciliation of Total Amounts Expected to be Incurred from Open Restructuring Plans Anticipated to be Realized
The following is a reconciliation of the total amounts expected to be incurred from approved restructuring plans or plans that are being formulated and have not been announced as of the date of this Form 10-Q. Remaining amounts expected to be incurred are $18.1 million as of July 31, 2019 compared to $12.0 million as of October 31, 2018. The change was due to the costs incurred or otherwise settled, offset by the formulations of new plans during the period.
(in millions)
Total Amounts
Expected to
be Incurred
 
Amounts Incurred During the nine months ended July 31, 2019
 
Amounts
Remaining
to be Incurred
Rigid Industrial Packaging & Services
 
 
 
 
 
Employee separation costs
$
25.8

 
$
13.6

 
$
12.2

Other restructuring costs
6.5

 
1.4

 
5.1

 
32.3

 
15.0

 
17.3

Flexible Products & Services
 
 
 
 
 
Employee separation costs
0.7

 

 
0.7

Other restructuring costs
0.1

 

 
0.1

 
0.8

 

 
0.8

Paper Packaging & Services
 
 
 
 
 
Employee separation costs
5.0

 
5.0

 

Other restructuring costs
0.2

 
0.2

 

 
5.2

 
5.2

 

Land Management
 
 
 
 
 
Employee separation costs
0.1

 
0.1

 

 
0.1

 
0.1

 

 
$
38.4

 
$
20.3

 
$
18.1