The following table presents information associated with this Plan: | | | | | | | | | | | | | | | | | | | | | | | Total Amount Expected to be Incurred | | Six Months Ended June 30, 2024 | | Three Months Ended June 30, 2024 | | | | | | | | | | Net restructuring and restructuring-related | | $40.0 to $55.0 | | $ | 19.4 | | | $ | 10.9 | | | | Impairment costs associated with this plan (See Note F) | | 25.0 to 30.0 | | 2.6 | | | .3 | | | | | | $65.0 to $85.0 | | $ | 22.0 | | | $ | 11.2 | | | | | | | | | | | | | Amount of total that represents net cash charges | | $30.0 to $40.0 | | $ | 15.6 | | | $ | 9.4 | | | |
The table below presents all restructuring and restructuring-related activity related to the Plan. We had no material restructuring activity in 2023. | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2024 | | Three Months Ended June 30, 2024 | Restructuring costs charged to other (income) expense, net: | | | | | | | | Termination benefits, relocation, and other restructuring costs | $ | 11.7 | | | | | $ | 6.0 | | | | Restructuring-related costs (gains): | | | | | | | | Presented in cost of goods sold: | | | | | | | | Inventory obsolescence and other | 3.8 | | | | | 1.5 | | | | Presented in selling and administrative expenses: | | | | | | | | Professional services and other | 5.4 | | | | | 4.9 | | | | | | | | | | | | Presented in net gain on disposal of assets: | | | | | | | | Gain on sale of equipment | (1.5) | | | | | (1.5) | | | | Total restructuring-related costs | 7.7 | | | | | 4.9 | | | | Total net restructuring and restructuring-related costs | $ | 19.4 | | | | | $ | 10.9 | | | | Amount of total that represents net cash charges | $ | 15.6 | | | | | $ | 9.4 | | | |
Net restructuring and restructuring-related charges by segment were as follows: | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2024 | | Three Months Ended June 30, 2024 | Bedding Products | $ | 16.6 | | | | | $ | 9.6 | | | | Specialized Products | 1.3 | | | | | 1.3 | | | | Furniture, Flooring & Textile Products | 1.5 | | | | | — | | | | Total net restructuring and restructuring-related costs | $ | 19.4 | | | | | $ | 10.9 | | | |
Restructuring Liability The accrued liability associated with the Plan consisted of the following: | | | | | | | | | | | | | | | | | | | | | | | | | Balance at December 31, 2023 | | Add: 2024 Charges | | Less: 2024 Payments | | Balance at June 30, 2024 | Termination benefits | $ | — | | | $ | 5.6 | | | $ | 2.6 | | | $ | 3.0 | | | | | | | | | | Relocation and other restructuring costs | — | | | 6.1 | | | 5.1 | | | 1.0 | | Total | $ | — | | | $ | 11.7 | | | $ | 7.7 | | | $ | 4.0 | |
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