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RESTRUCTURING ACTIONS RESTRUCTURING ACTIONS | 9 Months Ended
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Sep. 30, 2014
Restructuring and Related Activities [Abstract] |
RESTRUCTURING ACTIONS | RESTRUCTURING ACTIONS The table below summarizes the restructuring costs presented within general and administrative expenses in our Consolidated Condensed Income Statements for the three and nine months ended September 30, 2014 and 2013.
| Three Months |  | Nine Months
For the Periods Ended September 30 | 2014 |  | 2013 |  | 2014 |  | 2013
Severance costs | $ | 2.2 |  |  | $ | 1.2 |  |  | $ | 18.8 |  |  | $ | 9.9 |
Asset write-offs | — |  |  | 0.5 |  |  | 1.3 |  |  | 0.5 |
Other restructuring costs | 0.9 |  |  | — |  |  | 2.1 |  |  | 0.2 |
Total restructuring costs | $ | 3.1 |  |  | $ | 1.7 |  |  | $ | 22.2 |  |  | $ | 10.6 |
By segment: |  |  |  |  |  |  |
Industrial Process | $ | 1.6 |  |  | $ | 0.4 |  |  | $ | 4.5 |  |  | $ | 1.1 |
Motion Technologies | 0.1 |  |  | 0.6 |  |  | 0.3 |  |  | 3.1 |
Interconnect Solutions | 0.4 |  |  | 0.6 |  |  | 16.4 |  |  | 6.0 |
Control Technologies | — |  |  | — |  |  | — |  |  | — |
Corporate and Other | 1.0 |  |  | 0.1 |  |  | 1.0 |  |  | 0.4 |
The following table displays a rollforward of the restructuring accruals, presented on our Consolidated Condensed Balance Sheet within accrued liabilities, for the nine months ended September 30, 2014 and 2013.
For the Nine Months Ended September 30 | 2014 |  | 2013
Restructuring accruals - beginning balance | $ | 14.7 |  |  | $ | 7.8 |
Restructuring costs | 22.2 |  |  | 10.6 |
Cash payments | (13.0 | ) |  | (13.2 | )
Asset write-offs | (1.3 | ) |  | (0.5 | )
Foreign exchange translation and other | (0.5 | ) |  | — |
Restructuring accrual - ending balance | $ | 22.1 |  |  | $ | 4.7 |
By accrual type: |  |  |
Severance accrual | $ | 20.0 |  |  | $ | 4.7 |
Facility carrying and other costs accrual | 2.1 |  |  | — |
Interconnect Solutions Turnaround Activities In 2013, we initiated a comprehensive restructuring plan to improve the overall cost structure of our Interconnect Solutions (ICS) segment. The costs incurred during the nine months ended September 30, 2014 of $16.4, primarily relate to employee severance for approximately 250 planned headcount reductions, associated with an action to move certain production lines from one location to another existing lower cost manufacturing site. The costs incurred during the nine months ended September 30, 2013 of $6.0 primarily related to employee severance for 75 reductions across our global operating locations. To date, we have incurred $34.5 under the ICS turnaround plan spanning the past 2 years, and related to these previously announced actions, we expect to incur further restructuring costs of approximately $1.0 over the next three months. The following table provides a rollforward of the restructuring accrual associated with the ICS turnaround activities.
For the Nine Months Ended September 30 | 2014
Restructuring accruals - beginning balance | $ | 8.0 |
Restructuring costs | 16.4 |
Cash payments | (8.0 | )
Asset write-offs | (1.3 | )
Restructuring accruals - ending balance | $ | 15.1 |

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140864-122747 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 5 -Section P -Subsection 3, 4 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747 + Details
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