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Restructuring | 12 Months Ended
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Dec. 31, 2020
Restructuring and Related Activities [Abstract] |
Restructuring | 2020 Projects On September 17, 2020, our Board of Directors approved a restructuring plan (the 2020 Projects), which includes activities that continue our efforts to optimize our global supply chain and manufacturing operations, sales and marketing organizations, and other overhead. These projects are scheduled to be substantially complete by the end of 2022. We estimate pre-tax restructuring charges of $55 million to $65 million, of which approximately $35 million to $45 million will result in cash expenditures, and the remainder relates to non-cash charges. Of the total expected charges, $43.2 million was recognized in 2020. The largest component of expected remaining costs to be recognized is related to a non-cash cumulative translation adjustment charge. Many of the affected employees are represented by unions or works councils, which require consultation, and potential restructuring projects may be subject to regulatory approval, both of which could impact the timing of charges, total expected charges, cost recognized, and planned savings in certain jurisdictions. The total expected restructuring costs, the restructuring costs recognized, and the remaining expected restructuring costs related to the 2020 Projects were as follows:
In thousands | Total Expected Costs at December 31, 2020 |  | Costs Recognized in Prior Periods |  | Costs Recognized During the Year Ended December 31, 2020 |  | Expected Remaining Costs to be Recognized at December 31, 2020
Employee severance costs | $ | 36,225 |  |  | $ | — |  |  | $ | 36,225 |  |  | $ | — |
Asset impairments & net loss on sale or disposal | 6,944 |  |  | — |  |  | 6,944 |  |  | — |
Other restructuring costs | 16,508 |  |  | — |  |  | 63 |  |  | 16,445 |
Total | $ | 59,677 |  |  | $ | — |  |  | $ | 43,232 |  |  | $ | 16,445 |
2018 Projects In February 2018, our Board of Directors approved a restructuring plan (the 2018 Projects) to continue our efforts to optimize our global supply chain and manufacturing operations, research and development, and sales and marketing organizations. We have substantially completed expense recognition on the plan as of the end of 2020. In the second quarter of 2020, we reversed expenses for employee severance costs and asset impairments we will no longer incur as a result of selling our operations in Latin America. The total expected restructuring costs, the restructuring costs recognized, and the remaining expected restructuring costs related to the 2018 Projects were as follows:
In thousands | Total Expected Costs at December 31, 2020 |  | Costs Recognized in Prior Periods |  | Costs Recognized During the Year Ended December 31, 2020 |  | Expected Remaining Costs to be Recognized at December 31, 2020
Employee severance costs | $ | 63,173 |  |  | $ | 72,133 |  |  | $ | (8,960) |  |  | $ | — |
Asset impairments & net loss (gain) on sale or disposal | 2,786 |  |  | 3,842 |  |  | (1,056) |  |  | — |
Other restructuring costs | 19,862 |  |  | 11,420 |  |  | 3,797 |  |  | 4,645 |
Total | $ | 85,821 |  |  | $ | 87,395 |  |  | $ | (6,219) |  |  | $ | 4,645 |
All prior restructuring plans are substantially complete and are not presented below. The following table summarizes the activity within the restructuring related balance sheet accounts for the 2020 Projects and the 2018 Projects during the year ended December 31, 2020:
In thousands | Accrued Employee Severance |  | Asset Impairments & Net Loss (Gain) on Sale or Disposal |  | Other Accrued Costs |  | Total
Beginning balance, January 1, 2020 | $ | 53,741 |  |  | $ | — |  |  | $ | 2,366 |  |  | $ | 56,107 |
Costs charged to expense | 27,265 |  |  | 5,888 |  |  | 3,860 |  |  | 37,013 |
Cash (payments) receipts | (15,725) |  |  | 2,214 |  |  | (3,632) |  |  | (17,143) |
Net assets disposed and impaired | — |  |  | (8,102) |  |  | — |  |  | (8,102) |
Effect of change in exchange rates | 4,724 |  |  | — |  |  | 27 |  |  | 4,751 |
Ending balance, December 31, 2020 | $ | 70,005 |  |  | $ | — |  |  | $ | 2,621 |  |  | $ | 72,626 |
Asset impairments are determined at the asset group level. Revenues and net operating income from the activities we have exited or will exit under the restructuring projects are not material to our operating segments or consolidated results. Other restructuring costs include expenses for employee relocation, professional fees associated with employee severance, costs to exit the facilities once the operations in those facilities have ceased, and other costs associated with the liquidation of any effected legal entities. Costs associated with restructuring activities are generally presented in the Consolidated Statements of Operations as restructuring, except for certain costs associated with inventory write-downs, which are classified within cost of revenues, and accelerated depreciation expense, which is recognized according to the use of the asset. Restructuring expense is part of the Corporate unallocated segment and does not impact the results of our operating segments. The current portion of restructuring liabilities were $31.7 million and $18.9 million as of December 31, 2020 and 2019, respectively. The current portion of restructuring liabilities is classified within other current liabilities on the Consolidated Balance Sheets. The long-term portion of restructuring liabilities balances were $40.9 million and $37.2 million as of December 31, 2020 and 2019, respectively. The long-term portion of restructuring liabilities is classified within other long-term obligations on the Consolidated Balance Sheets and includes severance accruals and facility exit costs.

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- Definition The entire 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 No definition available. + Details
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