XML 46 R36.htm IDEA: XBRL DOCUMENT v3.23.3

Restructuring (Tables)

9 Months Ended

Sep. 30, 2023

Restructuring and Related Activities [Abstract]

Restructuring and Related Costs

The following table summarizes the cumulative restructuring costs, net incurred through September 30, 2023. As of September 30, 2023, we do not expect to incur additional facility consolidation costs to complete these actions.

			Cumulative Restructuring Costs, Net
(in millions)			Severance			Other			Total
Aerospace & Electronics			$	1.5		$	—		$	1.5
Process Flow Technologies			6.3			—			6.3
Engineered Materials			0.1			—			0.1
2022 Repositioning			$	7.9		$	—		$	7.9
Process Flow Technologies			$	14.9		$	(2.8)		$	12.1
2019 Repositioning			$	14.9		$	(2.8)		$	12.1

Restructuring Liability

The following table summarizes the accrual balances related to each restructuring program:

(in millions)									2022 Repositioning						2019 Repositioning			Total
Severance:
Balance as of December 31, 2022 (a)									$	8.2					$	2.4		$	10.6
Utilization									(3.4)						(1.5)			$	(4.9)
Balance as of September 30, 2023 (a)									$	4.8					$	0.9		$	5.7

(a) Included within Accrued Liabilities in the Condensed Consolidated Balance Sheets.

X

- References

No definition available.

+ Details

Name:	us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 5.P.3)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479823/420-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482017/420-10-50-1

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 5.P.4)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2

+ Details

Name:	us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration