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Restructuring and Other Charges | 6 Months Ended
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Jun. 30, 2020
Restructuring And Related Activities [Abstract] |
Restructuring and Other Charges |
1 5. | Restructuring and Other Charges
Pre-tax restructuring and other charges for the six and three months ended June 30, 2020 and 2019 are shown below.
(In millions) |  | Six Months Ended June 30, 2020 |  |  | Six Months Ended June 30, 2019 |
|  | Restructuring Charges |  |  | Other Charges (a) |  |  | Total Charges |  |  | Restructuring Charges |  |  | Other Charges (a) |  |  | Total Charges |
Cabinets |  | $ | 7.1 |  |  | $ | 2.3 |  |  | $ | 9.4 |  |  | $ | 2.3 |  |  | $ | 0.7 |  |  | $ | 3.0 |
Plumbing |  |  | 3.2 |  |  |  | (2.3 | ) |  |  | 0.9 |  |  |  | 3.3 |  |  |  | 5.8 |  |  |  | 9.1 |
Doors & Security |  |  | 3.1 |  |  |  | 0.8 |  |  |  | 3.9 |  |  |  | 0.1 |  |  |  | 2.0 |  |  |  | 2.1 |
Corporate |  |  | 1.5 |  |  |  | 0.3 |  |  |  | 1.8 |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 14.9 |  |  | $ | 1.1 |  |  | $ | 16.0 |  |  | $ | 5.7 |  |  | $ | 8.5 |  |  | $ | 14.2 |
| (a) | “Other Charges” represent charges directly related to restructuring initiatives that cannot be reported as restructuring under GAAP. Such costs may include losses on disposal of inventories, trade receivables allowances from exiting product lines, accelerated depreciation resulting from the closure of facilities and gains or losses on the sale of previously closed facilities.
15.Restructuring and Other Charges (Continued) Restructuring and other charges in the first six months of 2020 largely related to headcount actions associated with COVID-19 reductions in demand across all of our segments. Restructuring and other charges in the first six months of 2019 largely related to severance costs within our Plumbing and Cabinets segment and costs associated with closing facilities within our Plumbing and Doors & Security segments. Due to the continued uncertainty surrounding the COVID-19 pandemic, we may incur additional restructuring in future periods.
(In millions) |  | Three Months Ended June 30, 2020 |  |  | Three Months Ended June 30, 2019 |
|  | Restructuring Charges |  |  | Other Charges (a) |  |  | Total Charges |  |  | Restructuring Charges |  |  | Other Charges (a) |  |  | Total Charges |
Cabinets |  | $ | 4.7 |  |  | $ | 2.2 |  |  | $ | 6.9 |  |  | $ | 1.2 |  |  | $ | 0.4 |  |  | $ | 1.6 |
Plumbing |  |  | 2.9 |  |  |  | (1.9 | ) |  |  | 1.0 |  |  |  | 3.2 |  |  |  | 4.6 |  |  |  | 7.8 |
Doors & Security |  |  | 2.8 |  |  |  | — |  |  |  | 2.8 |  |  |  | 0.1 |  |  |  | 0.1 |  |  |  | 0.2 |
Total |  | $ | 10.4 |  |  | $ | 0.3 |  |  | $ | 10.7 |  |  | $ | 4.5 |  |  | $ | 5.1 |  |  | $ | 9.6 |
| (a) | “Other Charges” represent charges directly related to restructuring initiatives that cannot be reported as restructuring under GAAP. Such costs may include losses on disposal of inventories, trade receivables allowances from exiting product lines, accelerated depreciation resulting from the closure of facilities and gains or losses on the sale of previously closed facilities.
Restructuring and other charges in the second quarter of 2020 largely related to headcount actions associated with COVID-19 reductions in demand across all of our segments. Restructuring and other charges in the second quarter of 2019 largely related to severance costs within our Plumbing and Cabinets segment and costs associated with closing facilities within our Plumbing segment. Reconciliation of Restructuring Liability
(In millions) |  | Balance at 12/31/19 |  |  | 2020 Provision |  |  | Cash Expenditures (a) |  |  | Non-Cash Write-offs |  |  | Balance at 6/30/20 |
Workforce reduction costs |  | $ | 6.7 |  |  | $ | 14.5 |  |  | $ | (7.2 | ) |  | $ | — |  |  | $ | 14.0 |
Other |  |  | 0.1 |  |  |  | 0.4 |  |  |  | (0.4 | ) |  |  | — |  |  |  | 0.1 |
|  | $ | 6.8 |  |  | $ | 14.9 |  |  | $ | (7.6 | ) |  | $ | — |  |  | $ | 14.1 |
| (a) | Cash expenditures primarily relate to severance charges.
(In millions) |  | Balance at 12/31/18 |  |  | 2019 Provision |  |  | Cash Expenditures (a) |  |  | Non-Cash Write-offs |  |  | Balance at 6/30/19 |
Workforce reduction costs |  | $ | 9.9 |  |  | $ | 4.9 |  |  | $ | (5.7 | ) |  | $ | (0.1 | ) |  | $ | 9.0 |
Other |  |  | 0.6 |  |  |  | 0.8 |  |  |  | (0.9 | ) |  |  | — |  |  |  | 0.5 |
|  | $ | 10.5 |  |  | $ | 5.7 |  |  | $ | (6.6 | ) |  | $ | (0.1 | ) |  | $ | 9.5 |
| (a) | Cash expenditures primarily relate to severance charges.

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- References No definition available. + Details
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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
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