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Restructuring and Other Charges | 9 Months Ended
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Sep. 30, 2022
Restructuring and Related Activities [Abstract] |
Restructuring and Other Charges | 15. Restructuring and Other Charges Pre-tax restructuring and other charges (gains) for the nine and three months ended September 30, 2022 and 2021 are shown below.
(In millions) |  | Nine Months Ended September 30, 2022 |  |  | Nine Months Ended September 30, 2021 |
|  | Restructuring Charges |  |  | Other Charges (Gains) (a) |  |  | Total Charges |  |  | Restructuring Charges |  |  | Other Charges (Gains) (a) |  |  | Total Charges |
Water Innovations |  | $ | 3.8 |  |  | $ | 0.7 |  |  | $ | 4.5 |  |  | $ | - |  |  | $ | 2.8 |  |  | $ | 2.8 |
Outdoors & Security |  |  | 18.9 |  |  |  | (6.1 | ) |  |  | 12.8 |  |  |  | 8.5 |  |  |  | (0.4 | ) |  |  | 8.1 |
Cabinets |  |  | 10.9 |  |  |  | 6.3 |  |  |  | 17.2 |  |  |  | 3.0 |  |  |  | 3.5 |  |  |  | 6.5 |
Corporate |  |  | (0.5 | ) |  |  | - |  |  |  | (0.5 | ) |  |  | - |  |  |  | - |  |  |  | - |
Total |  | $ | 33.1 |  |  | $ | 0.9 |  |  | $ | 34.0 |  |  | $ | 11.5 |  |  | $ | 5.9 |  |  | $ | 17.4 |
(a) | “Other Charges (Gains)” 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 (gains) in the first nine months of 2022 are largely related to severance, asset impairment and other costs associated with plant closures and headcount actions across all segments. Restructuring and other charges (gains) in the first nine months of 2021 were largely related to severance costs associated with the relocation of manufacturing facilities within our Cabinets and Outdoors & Security segments.
(In millions) |  | Three Months Ended September 30, 2022 |  |  | Three Months Ended September 30, 2021 |
|  | Restructuring Charges |  |  | Other Charges (Gains) (a) |  |  | Total Charges |  |  | Restructuring Charges |  |  | Other Charges (Gains) (a) |  |  | Total Charges |
Water Innovations |  | $ | 2.9 |  |  | $ | - |  |  | $ | 2.9 |  |  | $ | - |  |  | $ | 1.2 |  |  | $ | 1.2 |
Outdoors & Security |  |  | 18.2 |  |  |  | 0.2 |  |  |  | 18.4 |  |  |  | 2.4 |  |  |  | (0.4 | ) |  |  | 2.0 |
Cabinets |  |  | 9.6 |  |  |  | 3.9 |  |  |  | 13.5 |  |  |  | 1.2 |  |  |  | 0.9 |  |  |  | 2.1 |
Corporate |  |  | (0.5 | ) |  |  | - |  |  |  | (0.5 | ) |  |  | - |  |  |  | - |  |  |  | - |
Total |  | $ | 30.2 |  |  | $ | 4.1 |  |  | $ | 34.3 |  |  | $ | 3.6 |  |  | $ | 1.7 |  |  | $ | 5.3 |
(a) | “Other Charges (Gains)” 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 (gains) in the third quarter of 2022 are largely related to severance, asset impairment and other costs associated with plant closures and headcount actions across all segments. Restructuring and other charges (gains) in the third quarter of 2021 were largely related to severance costs associated with headcount actions within our Outdoor & Security and Cabinets segments. Reconciliation of Restructuring Liability
(In millions) |  | Balance at December 31, 2021 |  |  | 2022 Provision |  |  | Cash Expenditures (a) |  |  | Balance at September 30, 2022 |
Workforce reduction costs |  | $ | 4.7 |  |  | $ | 24.5 |  |  | $ | (7.1 | ) |  | $ | 22.1 |
Other |  |  | 1.0 |  |  |  | 8.6 |  |  |  | (0.4 | ) |  |  | 9.2 |
Total |  | $ | 5.7 |  |  | $ | 33.1 |  |  | $ | (7.5 | ) |  | $ | 31.3 |
(a) Cash expenditures primarily relate to severance charges.
(In millions) |  | Balance at December 31, 2020 |  |  | 2021 Provision |  |  | Cash Expenditures (a) |  |  | Balance at September 30, 2021 |
Workforce reduction costs |  | $ | 6.9 |  |  | $ | 9.6 |  |  | $ | (11.2 | ) |  | $ | 5.3 |
Other |  |  | 0.7 |  |  |  | 1.9 |  |  |  | (1.5 | ) |  |  | 1.1 |
Total |  | $ | 7.6 |  |  | $ | 11.5 |  |  | $ | (12.7 | ) |  | $ | 6.4 |
(a) Cash expenditures primarily relate to severance charges.

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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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI https://asc.fasb.org/topic&trid=2175745 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
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