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Restructuring and Other Charges (Tables) | 6 Months Ended
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Jun. 30, 2020
Restructuring And Related Activities [Abstract] |
Pre-tax 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.
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.
Reconciliation of Restructuring Liability | 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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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -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 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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