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RESTRUCTURING INITIATIVES | 3 Months Ended
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Mar. 31, 2018
RESTRUCTURING INITIATIVES. |
RESTRUCTURING INITIATIVES | NOTE 18 – RESTRUCTURING INITIATIVES In late 2017, Aptar began a business transformation to drive profitable sales growth, increase operational excellence, enhance our approach to innovation and improve organizational effectiveness. The primary focus of the plan is the Beauty + Home segment; however, certain global general and administrative functions will also be addressed. For the three months ended March 31, 2018, we recognized $5.9 million of restructuring costs related to this plan. We estimate total implementation costs of approximately $90 million over the next three years. We also anticipate making capital investments related to the business transformation of approximately $45 million of which the majority will be in 2018. As of March 31, 2018 we have recorded the following activity associated with the business transformation:
|  | Beginning |  | Net Charges for |  |  |  |  |  |  |  | Ending |
|  | Reserve at |  | the Three Months |  |  |  |  |  |  |  | Reserve at |
|  | 12/31/2017 |  | Ended 3/31/2018 |  | Cash Paid |  | FX Impact |  | 3/31/2018 |
Employee severance |  | $ | 2,258 |  | $ | 221 |  | $ | (357) |  | $ | 58 |  | $ | 2,180 |
Other costs |  |  | — |  |  | 5,715 |  |  | (4,214) |  |  | (1) |  |  | 1,500 |
Totals |  | $ | 2,258 |  | $ | 5,936 |  | $ | (4,571) |  | $ | 57 |  | $ | 3,680 |

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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 -URI http://asc.fasb.org/topic&trid=2175745 + Details
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