Subsequent events (Tables)

12 Months Ended

Dec. 31, 2018

Subsequent Events [Abstract]

Summary of Current Cost Estimates by Major Type of Cost

The following table provides a summary of the Company’s cost estimates by major type of expense associated with the 2018 Footprint realignment plan:

Type of expense	Total estimated amount expected to be incurred
Termination benefits	$60 million to $70 million
Other costs	$2 million to $4 million
Restructuring charges	$62 million to $74 million
Restructuring related charges (1)	$40 million to $59 million
Total restructuring and restructuring related charges	$102 million to $133 million

(1) Consists of pre-tax charges related to accelerated depreciation and other costs directly related to the plan, primarily project management costs and costs to transfer manufacturing operations to the new locations, as well as a charge associated with the Company’s exit from the facilities that is expected to be imposed by the taxing authority in the affected jurisdiction. Excluding this tax charge, substantially all of the charges are expected to be recognized within costs of goods sold.

The following table provides a summary of the Company’s cost estimates by major type of expense associated with the 2014 Footprint realignment plan:

Type of expense	Total estimated amount expected to be incurred
Termination benefits	$12 million to $13 million
Other costs	$1 million to $2 million
Restructuring charges	$13 million to $15 million
Restructuring related charges (1)	$34 million to $37 million
	$47 million to $52 million

(1) Consists of accelerated depreciation and other costs directly related to the plan, primarily as a result of the transfer of manufacturing operations to new locations.

The following table provides a summary of the Company’s cost estimates by major type of expense associated with the 2019 Footprint realignment plan:

Type of expense	Total estimated amount expected to be incurred
Termination benefits	$19 million to $23 million
Other costs (1)	$1 million to $2 million
Restructuring charges	$20 million to $25 million
Restructuring related charges (2)	$36 million to $45 million
Total restructuring and restructuring related charges	$56 million to $70 million

(1) Includes contract termination costs as well as facility closure and other exit costs (employee and equipment relocation costs and outplacement).

(2) Consists of estimated pre-tax charges related to costs directly related to the plan, primarily costs to transfer manufacturing operations to the new locations as well as accelerated depreciation of $3.0 million to $4.0 million. Most of the charges are expected to be recognized within costs of goods sold.