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Restructuring Charges
6 Months Ended
Jun. 30, 2018
Notes To Financial Statements [Abstract]  
Restructuring Charges
RESTRUCTURING CHARGES
A summary of the restructuring reserve activity from December 30, 2017 to June 30, 2018 is as follows: 
(Millions of Dollars)
December 30,
2017
 
Net Additions
 
Usage
 
Currency
 
June 30,
2018
Severance and related costs
$
20.0

 
$
32.8

 
$
(22.9
)
 
$
(0.9
)
 
$
29.0

Facility closures and asset impairments
3.2

 
3.5

 
(5.0
)
 

 
1.7

Total
$
23.2

 
$
36.3


$
(27.9
)
 
$
(0.9
)
 
$
30.7


For the six months ended June 30, 2018, the Company recognized net restructuring charges of $36.3 million. This amount reflects $32.8 million of net severance charges associated with the reduction of approximately 1,000 employees and $3.5 million of facility closure and other restructuring costs.
For the three months ended June 30, 2018, the Company recognized net restructuring charges of $13.4 million. This amount reflects $10.5 million of net severance charges associated with the reduction of approximately 594 employees. The Company also had $2.9 million of facility closure and other restructuring costs.
The majority of the $30.7 million of reserves remaining as of June 30, 2018 is expected to be utilized within the next 12 months.

Segments: The $36 million of net restructuring charges for the six months ended June 30, 2018 includes: $15 million pertaining to the Tools & Storage segment; $5 million pertaining to the Industrial segment; $12 million pertaining to the Security segment; and $4 million pertaining to Corporate.

The $13 million of net restructuring charges for the three months ended June 30, 2018 includes: $7 million pertaining to the Tools & Storage segment; $2 million pertaining to the Industrial segment; $3 million pertaining to the Security segment and $1 million pertaining to Corporate.