Restructuring

During the three months ended March 28, 2015, there was no new restructuring activity initiated. However, we continued execution of certain business restructuring initiatives aimed at reducing our fixed cost structure and realigning our business. Initiatives during the year ended December 31, 2014 included the reduction in hourly and salaried headcount of approximately 1,150 employees, consisting of approximately 600 in Valves & Controls, 350 in Flow & Filtration Solutions, 50 in Water Quality Systems and 150 in Technical Solutions.

Restructuring related costs included in Selling, general and administrative expenses in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) included costs for severance and other restructuring costs as follows:



	Three months ended
In millions	March 28, 2015		March 29, 2014
Severance and related costs	$	—	$	13.4
Other	—		4.0
Total restructuring costs	$	—	$	17.4

Other restructuring costs primarily consist of asset impairment and various contract termination costs.

Restructuring costs by reportable segment for the three months ended March 28, 2015 and March 29, 2014 were as follows:



	Three months ended
In millions	March 28, 2015		March 29, 2014
Valves & Controls	$	—	$	9.8
Flow & Filtration Solutions	—		4.7
Water Quality Systems	—		0.3
Technical Solutions	—		2.6
Consolidated	$	—	$	17.4

Activity in the restructuring accrual recorded in Other current liabilities and Employee compensation and benefits in the Condensed Consolidated Balance Sheets is summarized as follows for the three months ended March 28, 2015:



In millions	March 28, 2015
Beginning balance	$	73.4
Cash payments and other	(12.5		)
Ending balance	$	60.9