Restructuring and other

3 Months Ended

Mar. 31, 2017

Restructuring and Related Activities [Abstract]

Restructuring and other

Restructuring and other

Restructuring and other includes charges or expenses attributable to: (i) employee severance; (ii) management restructuring and related costs; (iii) restructuring and integration; (iv) cost savings initiatives; and (v) acquisition costs and other unusual items. The following table summarizes pre-tax restructuring and other costs for the periods presented:

	Three Months Ended March 31,
	2017		2016
Employee severance (1)	$	2.7	$	2.3
Acquisitions and related costs	3.4		—
Restructuring, integration and other	3.1		0.4
Total	$	9.2	$	2.7

^{(1) Inclusive of employee severance and termination costs associated with restructuring activities.} 

On November 3, 2016, we announced that we began implementing a new business improvement initiative, which we expect will streamline our organization, increase our efficiencies, and significantly reduce our operating costs once the initiative is fully implemented. These cost savings are expected to be achieved across all our divisions and will encompass a combination of headcount reductions, facilities streamlining and reduction in other operating costs.

The following table presents a summary of restructuring charges and the changes in the restructuring accrual during 2017:     

	Restructuring Accrual
Balance as of January 1, 2017	$	16.4
Accrual additions	2.2
Cash payments	(12.6		)
Balance as of March 31, 2017	$	6.0