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Restructuring Expenses and Asset Impairments (Tables)
12 Months Ended
Dec. 31, 2021
Restructuring Costs and Asset Impairment Charges [Abstract]  
Schedule of Pre-Tax Restructuring Expenses by Segment
Pre-tax restructuring expenses and asset impairments by segment for the 2021 initiative were as follows:
Severance CostsExit CostsAsset ImpairmentsTotal
 (In millions)
Fluid & Metering Technologies$3.7 $— $0.8 $4.5 
Health & Science Technologies1.7 — — 1.7 
Fire & Safety/Diversified Products0.5 — — 0.5 
Corporate/Other2.6 — — 2.6 
Total restructuring costs$8.5 $— $0.8 $9.3 
Pre-tax restructuring expenses and asset impairments by segment for the 2020 initiative were as follows:
Severance CostsExit CostsAsset ImpairmentsTotal
 (In millions)
Fluid & Metering Technologies$2.9 $0.2 $2.5 $5.6 
Health & Science Technologies2.7 — — 2.7 
Fire & Safety/Diversified Products2.5 — — 2.5 
Corporate/Other0.4 — 0.6 1.0 
Total restructuring costs$8.5 $0.2 $3.1 $11.8 
Pre-tax restructuring expenses and asset impairments by segment for the 2019 initiative were as follows:
Severance CostsExit CostsAsset ImpairmentsTotal
 (In millions)
Fluid & Metering Technologies$2.9 $— $— $2.9 
Health & Science Technologies3.0 1.0 10.2 14.2 
Fire & Safety/Diversified Products1.3 — — 1.3 
Corporate/Other2.6 — — 2.6 
Total restructuring costs$9.8 $1.0 $10.2 $21.0 
Schedule of Restructuring Accruals Expenses
Restructuring accruals reflected in Accrued expenses in the Company’s Consolidated Balance Sheets are as follows:
Restructuring
Initiatives
 (In millions)
Balance at January 1, 2020$6.1 
Restructuring expenses(1)
8.8 
Payments, utilization and other(11.0)
Balance at December 31, 20203.9 
Restructuring expenses(2)
8.5 
Payments, utilization and other(9.6)
Balance at December 31, 2021$2.8 

(1) Excludes $2.9 million of asset impairments related to property, plant and equipment and right-of-use assets.
(2) Excludes $0.8 million of asset impairments related to property, plant and equipment.