Restructuring Costs

Restructuring provisions were determined based on estimates prepared at the time the restructuring actions were approved by management and are periodically updated for changes. Restructuring amounts also include amounts recognized as incurred.

Project Renewal

In April 2015, the Company committed to a further expansion of Project Renewal (the “April 2015 Expansion”). Project Renewal was initially launched in October 2011 to reduce the complexity of the organization and increase investment in growth platforms within the business. Under Project Renewal, the Company is simplifying and aligning its businesses around two key activities - Brand & Category Development and Market Execution & Delivery. Pursuant to the program, the Company eliminated its operating groups and consolidated 13 global business units into three operating groups that manage five operating segments. Pursuant to an expansion of Project Renewal in October 2014, the Company is: (i) further streamlining its supply chain function, including reducing overhead and realigning the supply chain management structure; (ii) investing in value analysis and value engineering efforts to reduce product and packaging costs; (iii) reducing operational and manufacturing complexity in its Writing segment; and (iv) further streamlining its distribution and transportation functions. Under the April 2015 Expansion, the Company plans to implement additional activities designed to further streamline business partnering functions (e.g., Finance/IT, Legal and Human Resources), optimize global selling and trade marketing functions and rationalize the Company’s real estate portfolio.

In connection with the April 2015 Expansion, the Company expects to incur approximately $150.0 million of additional costs, including cash costs of approximately $135.0 million. The additional costs include pretax restructuring charges in the range of approximately $125.0 million to $135.0 million, a majority of which are expected to be facility exit costs and employee-related cash costs, including severance, retirement and other termination benefits, including costs associated with relocating the Company’s Atlanta business hub within Atlanta, Georgia.

Cumulative costs of the expanded Project Renewal are expected to be approximately $690.0 million to $725.0 million pretax, with cash costs of approximately $645.0 million to $675.0 million. Approximately 60% to 70% of the total costs are expected to be restructuring costs, a majority of which are expected to be employee-related cash costs, including severance, retirement and other termination benefits and costs. Project Renewal is expected to be complete by the end of 2017, and as a result, cash payments and savings will be realized in 2018 and later years.

The following table depicts the restructuring charges, net of adjustments, incurred in connection with Project Renewal for the years ended December 31, (in millions):



	2016			2015		2014		Since Inception Through December 31, 2016
Facility and other exit costs, including impairments	$	2.6		$	6.7	$	7.5	$	30.0
Employee severance, termination benefits and relocation costs	(9.1		)	52.4		25.2		209.4
Exited contractual commitments and other	16.4			14.9		21.1		80.3
	$	9.9		$	74.0	$	53.8	$	319.7

The following tables depict the activity in accrued restructuring reserves for Project Renewal for 2016 and 2015 (in millions):



	December 31, 2015								December 31, 2016
	Balance		Provision			Costs Incurred			Balance
Facility and other exit costs, including impairments	$	—	$	2.6		$	(2.6	)	$	—
Employee severance, termination benefits and relocation costs	49.3		(9.1		)	(24.4		)	15.8
Exited contractual commitments and other	17.3		16.4			(16.3		)	17.4
	$	66.6	$	9.9		$	(43.3	)	$	33.2



	December 31, 2014							December 31, 2015
	Balance		Provision		Costs Incurred			Balance
Facility and other exit costs, including impairments	$	—	$	6.7	$	(6.7	)	$	—
Employee severance, termination benefits and relocation costs	22.8		52.4		(25.9		)	49.3
Exited contractual commitments and other	17.5		14.9		(15.1		)	17.3
	$	40.3	$	74.0	$	(47.7	)	$	66.6

The following tables depict the activity in accrued restructuring reserves for Project Renewal for 2016 and 2015 aggregated by reportable business segment (in millions):



	December 31, 2015								December 31, 2016
Segment	Balance		Provision			Costs Incurred			Balance
Writing	$	14.0	$	0.7		$	(3.3	)	$	11.4
Home Solutions	5.1		(2.0		)	(2.6		)	0.5
Tools	4.3		0.5			(3.2		)	1.6
Commercial Products	3.8		—			(2.1		)	1.7
Baby & Parenting	—		3.2			(2.8		)	0.4
Corporate	39.4		7.5			(29.3		)	17.6
	$	66.6	$	9.9		$	(43.3	)	$	33.2



	December 31, 2014							December 31, 2015
Segment	Balance		Provision		Costs Incurred			Balance
Writing	$	9.7	$	9.3	$	(5.0	)	$	14.0
Home Solutions	1.0		5.5		(1.4		)	5.1
Tools	0.5		2.9		0.9			4.3
Commercial Products	5.1		2.2		(3.5		)	3.8
Baby & Parenting	2.2		0.7		(2.9		)	—
Corporate	21.8		53.4		(35.8		)	39.4
	$	40.3	$	74.0	$	(47.7	)	$	66.6

Other Restructuring

In addition to Project Renewal, the Company has incurred restructuring costs primarily relating to the Jarden Acquisition and the Elmer's acquisition. The following table depicts the restructuring charges, net of adjustments, incurred outside of Project Renewal for the year ended December 31, (in millions):



	2016
Facility and other exit costs, including impairments	$	5.7
Employee severance, termination benefits and relocation costs	56.2
Exited contractual commitments and other	3.1
	$	65.0

The following table depicts the activity in other accrued restructuring reserves for 2016 (in millions):



	December 31, 2015							December 31, 2016
	Balance		Provision		Costs Incurred			Balance
Facility and other exit costs, including impairments	$	—	$	5.7	$	(5.7	)	$	—
Employee severance, termination benefits and relocation costs	0.8		56.2		(18.8		)	38.2
Exited contractual commitments and other	—		3.1		(2.6		)	0.5
	$	0.8	$	65.0	$	(27.1	)	$	38.7

Total Restructuring Costs

The table below shows restructuring costs recognized in continuing operations for all restructuring activities for the years indicated, aggregated by reportable business segment (in millions):



Segment	2016			2015		2014
Writing	$	9.9		$	9.3	$	9.8
Home Solutions⁽¹⁾	(1.9		)	5.8		1.6
Tools	0.6			2.9		4.5
Commercial Products	3.0			2.2		3.2
Baby & Parenting⁽¹⁾	3.2			3.6		2.1
Branded Consumables	10.5			—		—
Consumer Solutions	11.6			—		—
Outdoor Solutions	10.8			—		—
Process Solutions	0.1			—		—
Corporate	27.1			53.4		31.6
	$	74.9		$	77.2	$	52.8


(1)	Includes $0.3 million of restructuring costs in the Home Solutions segment associated with the integration of Ignite and bubba for 2015 and $2.9 million of restructuring costs for 2015 in the Baby & Parenting segment associated with the integration of Baby Jogger.

Cash paid for all restructuring activities included in operating activities was $59.9 million, $51.5 million and $71.8 million for 2016, 2015 and 2014, respectively.