XML 63 R38.htm IDEA: XBRL DOCUMENT v3.20.4
Impairment, Restructuring and Other Exit Costs (Tables)
 12 Months Ended
Dec. 31, 2020
Restructuring and Related Activities [Abstract]  
Reconciliation of restructuring costs and liability Information about our restructuring, which we believe is complete as of December 31, 2020, follows:
(in millions)Costs Incurred in 2020Costs Incurred in
2019
Restructuring and other exit costs:
Severance$6.6 $63.9 
Asset impairments0.4 90.4 
Entity liquidation costs (including the recognition of cumulative translation adjustments)— 83.7 
Other exit costs1.0 2.0 
Total restructuring and other exit costs$8.0 $240.0 
A reconciliation of restructuring liabilities follow:
(in thousands)SeveranceLease Exit CostsOtherTotal
Balance as of December 31, 2019$46,303 $570 $307 $47,180 
Restructuring charges accrued during the period6,965 334 687 7,986 
Cash payments / settlements during the period(32,292)(799)(993)(34,084)
Currency translation2,282 1 (1)2,282 
Balance as of December 31, 2020$23,258 $106 $— $23,364 
Schedule of Impairment Expense Impairment expense is summarized as follows:
Year Ended December 31,
(in thousands)20202019
Impairment expense:
Goodwill associated with the Diversified Services reporting unit$168,568 $2,125 
Intangible customer relationships associated with Stork26,671 33,657 
Equity method investments in the Energy & Chemicals segment86,096 256,769 
Information technology assets16,269 — 
Total impairment expense$297,604 $292,551