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Restructuring Activities (Tables)

12 Months Ended

Dec. 31, 2018

Restructuring and Related Activities [Abstract]

Board of Directors Approved Restructuring

The Board of Directors has approved restructuring spend as follows:

(in millions)		Total Restructuring Program Range								Cumulative Spend to Date				Remaining Restructuring Spend(2)
		Low				High								Low				High
Costs of reduction in headcount as a result of reorganization		$	385			$	405			$	(285	)		$	100			$	120
Other expenses associated with the Program		205				225				(137		)		68				88
Total expense		$	590			$	630			$	(422	)		$	168			$	208
Capital expenditures		250				255				(236		)		14				19
Total estimated cash cost(1)		$	840			$	885			$	(658	)		$	182			$	227

⁽¹⁾  Total estimated cash cost excludes the impact of proceeds and foreign currency impact.

⁽²⁾  Remaining restructuring spend primarily consists of restructuring costs associated with the announcement on December 13, 2018 as part of the Company’s Reinvent SEE strategy, and the completion of our efforts to eliminate stranded costs.

Restructuring and Relocation Activities

The following table details our restructuring activities as reflected in the Consolidated Statements of Operations for the years ended December 31, 2018, 2017 and 2016: 

		Year Ended December 31,
(In millions)		2018				2017				2016
Continuing operations:
Other associated costs(1)		$	13.9			$	14.3			$	19.8
Restructuring charges		47.8				12.1				2.5
Total charges from continuing operations		61.7				26.4				22.3
Charges included in discontinued operations		—				2.4				18.6
Total charges		$	61.7			$	28.8			$	40.9
Capital expenditures		$	1.0			$	21.3			$	123.5

⁽¹⁾  Other associated costs excludes non-cash cost of $1.9 million for the year ended December 31, 2018 related to share based compensation expense.

Components of Restructuring Accrual, Spending and Other Activity and Accrual Balance Remaining

The restructuring accrual, spending and other activity for the year ended December 31, 2018 and the accrual balance remaining at December 31, 2018 related to the Program were as follows:

(In millions)
Restructuring accrual at December 31, 2017	$	16.1
Accrual and accrual adjustments	47.8
Cash payments during 2018	(25.0		)
Effect of changes in foreign currency exchange rates	(1.4		)
Restructuring accrual at December 31, 2018	$	37.5

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Tabular disclosure of the quantified effects on future earnings and cash flows resulting from the exit plan (for example, reduced depreciation, reduced employee expense, etc.) along with the initial period in which those effects are expected to be realized. May include whether the cost savings are expected to be offset by anticipated increases in other expenses or reduced revenues. Also identifies the income statement line items to be impacted (for example, cost of sales; marketing; selling, general and administrative expenses; etc.).

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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.

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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.

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