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Special Charges | 12 Months Ended
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Dec. 31, 2015
Restructuring and Related Activities [Abstract] |
Special Charges | SPECIAL CHARGES FOR WORKFORCE REDUCTIONS Centrus notified its American Centrifuge employees in September 2015 of possible layoffs beginning in November 2015 as a result of DOE’s decision to reduce funding for advanced uranium enrichment centrifuge research under the Company’s contract with UT-Battelle. Based on the level of funding reduction, Centrus incurred a special charge of $8.7 million in the third quarter of 2015 for estimated termination benefits consisting primarily of payments under its pre-existing severance plan. Centrus expects to make payments for these workforce reductions through early 2017. In addition, the cessation of enrichment at the Paducah GDP and evolving business needs have resulted in workforce reductions since July 2013. Special charges include related termination benefits less severance paid by the Company and invoiced to DOE for its share of employee severance pursuant to the USEC Privatization Act. A summary of special charges and changes in the related balance sheet accounts follows (in millions):
| Predecessor |  |  | Successor
| Liability Balance to Be Paid, Dec. 31, 2013 |  | Nine Months Ended Sep. 30, 2014 |  |  | Liability Balance to Be Paid, Sep. 30, 2014 |  | Three Months Ended Dec. 31, 2014 |  | Liability Balance to Be Paid, Dec. 31, 2014
|  | Special Charges |  | Paid |  |  |  | Special Charges |  | Paid |
Workforce reductions, primarily severance payments | $ | 21.2 |  |  | $ | 4.5 |  |  | $ | (13.6 | ) |  |  | $ | 12.1 |  |  | $ | 3.7 |  |  | $ | (13.4 | ) |  | $ | 2.4 |
Less: Amounts billed to DOE |  |  | (2.4 | ) |  |  |  |  |  |  | (1.6 | ) |  |  |  |
|  |  | $ | 2.1 |  |  |  |  |  |  |  | $ | 2.1 |  |  |  |  |
| Successor
| Liability Balance to Be Paid, Dec. 31, 2014 |  | 2015 |  | Liability Balance to Be Paid, Dec. 31, 2015
|  | Special Charges |  | Paid |
Workforce reductions, primarily severance payments | $ | 2.4 |  |  | $ | 13.6 |  |  | $ | (7.3 | ) |  | $ | 8.7 |
Less: Amounts billed to DOE |  |  | (0.4 | ) |  |  |  |
|  |  | $ | 13.2 |  |  |  |  |

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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://www.xbrl.org/2003/role/presentationRef -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=27011515&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/presentationRef -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=27011515&loc=d3e140864-122747 Reference 3: http://www.xbrl.org/2003/role/presentationRef -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 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 5 -Section P -Subsection 3, 4 + Details
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