Other Operating Expense

6 Months Ended

Jun. 30, 2021

Other Income And Expenses [Abstract]

Other Operating Expense

Note 13 — Other Operating Expense

We recognized restructuring charges of $5.6 million and $17.5 million for the quarter and six months ended June 30, 2021, respectively, primarily related to severance and asset impairments. Anticipated future cash payments as of June 30, 2021 were $12.5 million. For both the quarter and six months ended June 30, 2021, other operating expenses also included a benefit related to the reduction of a contingent liability.

For the quarter ended June 30, 2020, we recognized a restructuring charge of $13.1 million primarily related to the job reductions. During the six months ended 2020, other operating expense also included $14.7 million of costs primarily related to the terminated merger agreement with Woodward, Inc.

			Activity for the Quarter Ended June 30, 2021
	March 31,		Restructuring					Cash						June 30,
(In Millions)	2021		Charge		FX Impact			Paid			Non-Cash			2021
Employee termination	$	15.9	$	0.7	$	0.3		$	(4.4	)	$	—		$	12.5
Impairment and other		—		4.9		—			(0.8	)		(4.1	)		-
Total	$	15.9	$	5.6	$	0.3		$	(5.2	)	$	(4.1	)	$	12.5
			Activity for the Six Months Ended June 30, 2021
	December 31,		Restructuring					Cash						June 30,
(In Millions)	2020		Charge		FX Impact			Paid			Non-Cash			2021
Employee termination	$	14.2	$	10.7	$	(0.3	)	$	(12.1	)	$	—		$	12.5
Impairment and other		—		6.8		—			(3.5	)		(3.3	)		-
Total	$	14.2	$	17.5	$	(0.3	)	$	(15.6	)	$	(3.3	)	$	12.5