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RESTRUCTURING ACTIONS RESTRUCTURING ACTIONS | 6 Months Ended
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Jul. 03, 2021
Restructuring and Related Activities [Abstract] |
RESTRUCTURING ACTIONS | RESTRUCTURING ACTIONS We have initiated various restructuring actions throughout our businesses during the past two years, including the 2020 Global Restructuring Plan described below. There were no other restructuring actions considered individually significant. The following table summarizes the total restructuring costs presented separately in our Consolidated Condensed Statements of Operations for the three and six months ended July 3, 2021 and June 27, 2020.
| Three Months Ended |  | Six Months Ended
| July 3, 2021 |  | June 27, 2020 |  | July 3, 2021 |  | June 27, 2020
Severance and other employee-related | $ | — |  |  | $ | 27.8 |  |  | $ | 2.4 |  |  | $ | 30.9 |
Asset write-offs | — |  |  | — |  |  | 0.6 |  |  | — |
Other | 0.1 |  |  | 0.1 |  |  | 0.7 |  |  | 0.1 |
Total restructuring costs | $ | 0.1 |  |  | $ | 27.9 |  |  | $ | 3.7 |  |  | $ | 31.0 |
By segment: |  |  |  |  |  |  |
Motion Technologies | $ | — |  |  | $ | 14.0 |  |  | $ | — |  |  | $ | 14.0 |
Industrial Process | — |  |  | 7.8 |  |  | 0.9 |  |  | 7.9 |
Connect & Control Technologies | 0.1 |  |  | 5.2 |  |  | 2.5 |  |  | 6.7 |
Corporate and Other | — |  |  | 0.9 |  |  | 0.3 |  |  | 2.4 |
The following table displays a rollforward of the restructuring accruals, presented on our Consolidated Condensed Balance Sheet within accrued liabilities, for the six months ended July 3, 2021 and June 27, 2020.
| July 3, 2021 |  | June 27, 2020
Beginning balance - January 1 | $ | 19.1 |  |  | $ | 7.5 |
Restructuring costs | 4.4 |  |  | 31.7 |
Reversal of prior accruals | (0.7) |  |  | (0.7) |
Cash payments | (7.2) |  |  | (9.6) |
Asset write-offs | (0.6) |  |  | — |
Foreign exchange translation and other | (0.5) |  |  | (0.2) |
Ending balance | $ | 14.5 |  |  | $ | 28.7 |
By accrual type: |  |  |
Severance and other employee-related | $ | 14.3 |  |  | $ | 28.3 |
Other | 0.2 |  |  | 0.4 |
2020 Global Restructuring Plan During 2020, we initiated an organizational-wide restructuring plan to reduce the overall cost structure of the Company primarily in response to a reduction in demand from the COVID-19 pandemic. Through July 3, 2021, we have recognized restructuring charges of $45.1, including $43.8 in 2020, which are primarily related to involuntary severance costs. We expect to incur additional restructuring charges of approximately $3 during the remainder of 2021 to complete this action. Cash payments during the six months ended July 3, 2021 were $6.5. The restructuring liability as of July 3, 2021 was $10.6, which we expect to be substantially paid during 2021, and is presented on our Consolidated Condensed Balance Sheet within accrued liabilities.

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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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
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