Other Operating Expense

9 Months Ended

Sep. 30, 2021

Other Income And Expenses [Abstract]

Other Operating Expense

Note 13 — Other Operating Expense

We recognized restructuring charges of $0.8 million and $18.3 million for the quarter and nine months ended September 30, 2021, respectively, primarily related to severance and asset impairments. Anticipated future cash payments as of September 30, 2021 were $10.3 million. For the nine months ended September 30, 2021, other operating expenses also included a benefit related to the reduction of a contingent liability.

For the quarter ended September 30, 2020, we recognized a restructuring charge of $15.8 million, of which $9.4 million related to asset impairments for the planned closure of our Windsor, Colorado plant, and the remainder was primarily related to severance due to job reductions. For the nine months ended 2020, other operating expense of $43.6 million primarily related to costs associated with the terminated merger agreement with Woodward, Inc. as well as restructuring charges related to job reductions.

			Activity for the Quarter Ended September 30, 2021
	June 30,		Restructuring					Cash						September 30,
(In Millions)	2021		Charge		FX Impact			Paid			Non-Cash			2021
Employee termination	$	12.5	$	0.7	$	(0.3	)	$	(2.6	)	$	—		$	10.3
Impairment and other		—		0.1		—			(0.1	)		—			—
Total	$	12.5	$	0.8	$	(0.3	)	$	(2.7	)	$	—		$	10.3
			Activity for the Nine Months Ended September 30, 2021
	December 31,		Restructuring					Cash						September 30,
(In Millions)	2020		Charge		FX Impact			Paid			Non-Cash			2021
Employee termination	$	14.2	$	11.4	$	(0.6	)	$	(14.7	)	$	—		$	10.3
Impairment and other		—		6.9		—			(3.6	)		(3.3	)		—
Total	$	14.2	$	18.3	$	(0.6	)	$	(18.3	)	$	(3.3	)	$	10.3