Restructuring and Other Costs (Income), Net (Tables)

9 Months Ended

Sep. 26, 2015

Restructuring And Other Costs, Net Disclosure

Schedule of Restructuring and Related Costs [Table Text Block]

Third Quarter of 2015

During the third quarter of 2015, the company recorded net restructuring and other costs by segment as follows:

(In millions)	Cost of Revenues		Selling, General and Administrative Expenses		Restructuring and Other Costs, Net		Total
Life Sciences Solutions	$	0.4	$	2.7	$	5.0	$	8.1
Analytical Instruments		0.1		—		4.1		4.2
Specialty Diagnostics		0.3		(0.4)		1.6		1.5
Laboratory Products and Services		—		0.8		4.8		5.6
Corporate		—		21.5		—		21.5
	$	0.8	$	24.6	$	15.5	$	40.9

First Nine Months of 2015

During the first nine months of 2015, the company recorded net restructuring and other costs by segment as follows:

(In millions)	Cost of Revenues		Selling, General and Administrative Expenses		Restructuring and Other Costs, Net		Total
Life Sciences Solutions	$	1.8	$	8.9	$	31.1	$	41.8
Analytical Instruments		0.1		—		22.5		22.6
Specialty Diagnostics		0.6		(0.4)		6.3		6.5
Laboratory Products and Services		—		1.6		7.7		9.3
Corporate		—		25.3		0.3		25.6
	$	2.5	$	35.4	$	67.9	$	105.8

Schedule of Restructuring Reserve by Type of Cost [Table Text Block]

The following table summarizes the cash components of the company’s restructuring plans. The non-cash components and other amounts reported as restructuring and other costs, net, in the accompanying statement of income have been summarized in the notes to the tables. Accrued restructuring costs are included in other accrued expenses in the accompanying balance sheet.

				Abandonment
(In millions)		Severance			of Excess Facilities		Other (a)		Total
Pre-2014 Restructuring Plans
	Balance At December 31, 2014	$	6.2		$	7.5	$	1.8	$	15.5
	Costs incurred in 2015 (b)		0.6			0.7		2.1		3.4
	Reserves reversed		(1.7)			(0.1)		(0.1)		(1.9)
	Payments		(2.1)			(2.2)		(3.3)		(7.6)
	Currency translation		(0.1)			(0.2)		(0.1)		(0.4)
	Balance At September 26, 2015	$	2.9		$	5.7	$	0.4	$	9.0
2014 Restructuring Plans
	Balance At December 31, 2014	$	31.5		$	2.3	$	4.1	$	37.9
	Costs incurred in 2015 (b)		8.9			1.3		5.0		15.2
	Reserves reversed		(7.1)			(0.2)		(1.6)		(8.9)
	Payments		(30.3)			(3.3)		(5.4)		(39.0)
	Currency translation		(0.8)			(0.1)		(0.1)		(1.0)
	Balance At September 26, 2015	$	2.2		$	—	$	2.0	$	4.2
2015 Restructuring Plans
	Costs incurred in 2015 (b)	$	36.0		$	11.9	$	4.6	$	52.5
	Payments		(25.9)			(3.4)		(3.4)		(32.7)
	Balance At September 26, 2015	$	10.1		$	8.5	$	1.2	$	19.8

• Other includes cash charges for relocation and moving expenses associated with facility consolidations, as well as employee retention costs which are accrued ratably over the period through which employees must work to qualify for a payment.
• Excludes a $7.6 million gain on the sale of a product line, $5.0 million of cash compensation contractually due to employees of an acquired business on the date of acquisition; $6.7 million of provision for losses on litigation-related matters; $0.9 million of charges associated with a previous sale of a business; and an aggregate of $2.6 million of non-cash expense, net, which are detailed by segment above.

The company expects to pay accrued restructuring costs as follows: severance, employee-retention obligations and other costs primarily through 2016 and abandoned-facility payments, over lease terms expiring through 2020.