Restructuring Expenses and Asset Impairments (Tables)

6 Months Ended

Jun. 30, 2022

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Costs

Pre-tax restructuring expenses and asset impairments by segment for the three and six months ended June 30, 2022 were as follows:

	Three Months Ended June 30, 2022
	Severance Costs		Exit Costs		Asset Impairment		Total
Fluid & Metering Technologies	$	1.2	$	0.3	$	0.2	$	1.7
Health & Science Technologies	0.1		—		—		0.1
Fire & Safety/Diversified Products	1.0		—		—		1.0
Corporate/Other	—		—		—		—
Total restructuring costs	$	2.3	$	0.3	$	0.2	$	2.8

	Six Months Ended June 30, 2022
	Severance Costs		Exit Costs		Asset Impairment		Total
Fluid & Metering Technologies	$	1.5	$	0.3	$	0.2	$	2.0
Health & Science Technologies	0.2		—		—		0.2
Fire & Safety/Diversified Products	1.0		—		—		1.0
Corporate/Other	0.2		—		—		0.2
Total restructuring costs	$	2.9	$	0.3	$	0.2	$	3.4

Pre-tax restructuring expenses and asset impairments by segment for the three and six months ended June 30, 2021 were as follows:

	Three Months Ended June 30, 2021
	Severance Costs		Exit Costs		Asset Impairment		Total
Fluid & Metering Technologies	$	1.8	$	—	$	0.1	$	1.9
Health & Science Technologies	0.5		—		—		0.5
Fire & Safety/Diversified Products	0.1		—		—		0.1
Corporate/Other	0.7		—		—		0.7
Total restructuring costs	$	3.1	$	—	$	0.1	$	3.2

	Six Months Ended June 30, 2021
	Severance Costs		Exit Costs		Asset Impairment		Total
Fluid & Metering Technologies	$	2.6	$	—	$	0.2	$	2.8
Health & Science Technologies	1.1		—		—		1.1
Fire & Safety/Diversified Products	0.2		—		—		0.2
Corporate/Other	1.3		—		—		1.3
Total restructuring costs	$	5.2	$	—	$	0.2	$	5.4

Schedule of Restructuring Reserve

Restructuring accruals reflected in Accrued expenses in the Company’s Condensed Consolidated Balance Sheets are as follows:

	Restructuring Initiatives
Balance at January 1, 2022	$	2.8
Restructuring expenses	3.2
Payments, utilization and other	(3.1)
Balance at June 30, 2022	$	2.9