Spin Costs

On July 1, 2015, Energizer completed its legal separation from Edgewell Personal Care Company (Edgewell) via a tax free spin-off (the spin-off or spin). The Company incurred costs associated with the evaluation, planning and execution of the spin transaction. For the three months ended December 31, 2017, the Company recorded no activity related to spin. During the quarter ended December 31, 2016, the Company sold a facility in North America that was previously closed as part of the spin and recorded a gain of $1.3 in spin restructuring. On a project to date basis, the total costs incurred or allocated to Energizer for the spin were $197.6, inclusive of the costs of early debt retirement recorded in fiscal 2015. We do not expect any additional costs related to spin.

The following table represents the spin restructuring accrual activity and ending accrual balance as of December 31, 2016 on the Consolidated Condensed Balance Sheet. At December 31, 2016, $2.2 of the liability was recorded in Other current liabilities and the remaining $2.1 was recorded in Other liabilities. There were no liabilities outstanding at September 30, 2017 or December 31, 2017.



						Utilized
	October 1, 2016		Charge to Income			Cash			Non-Cash		December, 2016
Severance and termination related costs	$	2.8	$	—		$	(1.8	)	$	—	$	1.0
Contract termination costs	3.6		—			(0.3		)	—		3.3
Net gain on asset sales	—		(1.3		)	1.3			—		—
Total	$	6.4	$	(1.3	)	$	(0.8	)	$	—	$	4.3