Restructuring and Other Costs, Net (Tables)

9 Months Ended

Oct. 01, 2016

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs [Table Text Block]

During the first nine months of 2016, 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	$	30.9	$	32.6	$	57.4	$	120.9
Analytical Instruments	21.6		40.9		55.4		117.9
Specialty Diagnostics	—		—		11.6		11.6
Laboratory Products and Services	7.9		0.5		15.4		23.8
Corporate	—		21.2		1.1		22.3
	$	60.4	$	95.2	$	140.9	$	296.5

During the third quarter of 2016, 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	$	10.8	$	6.2	$	10.2	$	27.2
Analytical Instruments	21.6		39.1		30.9		91.6
Specialty Diagnostics	—		—		11.7		11.7
Laboratory Products and Services	—		—		1.5		1.5
Corporate	—		17.2		0.6		17.8
	$	32.4	$	62.5	$	54.9	$	149.8

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.

(In millions)	Severance			Abandonment of Excess Facilities			Other (a)			Total
Balance at December 31, 2015	$	15.2		$	13.1		$	3.0		$	31.3
Costs incurred in 2016 (c)	84.9			43.4			8.5			136.8
Reserves reversed (b)	(0.7		)	(0.2		)	(0.2		)	(1.1		)
Payments	(36.2		)	(16.6		)	(8.9		)	(61.7		)
Currency translation	0.2			—			—			0.2
Balance at October 1, 2016	$	63.4		$	39.7		$	2.4		$	105.5

(a) Other includes 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.

(b) Represents reductions in cost of plans.

(c) Excludes $5.2 million of charges, net, primarily associated with environmental and litigation-related matters and sales of real estate.