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Restructuring Activities | 3 Months Ended
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Mar. 31, 2021
Restructuring and Related Activities [Abstract] |
Restructuring Activities | Restructuring Activities For the three months ended March 31, 2021, the Company incurred $5.3 million of costs associated with our restructuring programs. These charges were primarily incurred in connection with the Company’s Reinvent SEE business transformation. The restructuring program (“Program”) is defined as the initiatives associated with our Reinvent SEE business transformation, which is a three-year program approved by the Board of Directors in December 2018. Spend associated with our previously existing restructuring programs at the time of Reinvent SEE’s approval was substantially completed as of December 31, 2020 and is no longer included in the restructuring program totals below. The Company expects restructuring activities associated with the Program to be completed by the end of 2021. The Board of Directors has approved cumulative restructuring spend of $190 million to $220 million for the Program. Restructuring spend is estimated to be incurred as follows:
(in millions) |  | Total Restructuring Program Range |  | Less Cumulative Spend to Date |  | Remaining Restructuring Spend
|  | Low |  | High |  |  |  | Low |  | High
Costs of reduction in headcount as a result of reorganization |  | $ | 65 |  |  | $ | 75 |  |  | $ | (60) |  |  | $ | 5 |  |  | $ | 15 |
Other expenses associated with the Program |  | 120 |  |  | 130 |  |  | (88) |  | 32 |  |  | 42 |
Total expense |  | $ | 185 |  |  | $ | 205 |  |  | $ | (148) |  |  | $ | 37 |  |  | $ | 57 |
Capital expenditures |  | 5 |  |  | 15 |  |  | (4) |  |  | 1 |  |  | 11 |
Total estimated cash cost(1) |  | $ | 190 |  |  | $ | 220 |  |  | $ | (152) |  |  | $ | 38 |  |  | $ | 68 |
(1) Total estimated cash cost excludes the impact of proceeds expected from the sale of property and equipment and foreign currency impact. The following table details our aggregate restructuring activities incurred under the current or prior restructuring programs open at the time the expense was recorded as reflected in the Condensed Consolidated Statements of Operations for the three months ended March 31, 2021 and 2020:
|  |  |  | Three Months Ended March 31,
(In millions) |  |  |  |  |  | 2021 |  | 2020
Other associated costs |  |  |  |  |  | $ | 5.3 |  |  | $ | 4.0 |
Restructuring charges |  |  |  |  |  | — |  |  | 0.6 |
Total charges |  |  |  |  |  | $ | 5.3 |  |  | $ | 4.6 |
Capital expenditures |  |  |  |  |  | $ | 1.2 |  |  | $ | 0.2 |
The aggregate restructuring accrual, spending and other activity for the three months ended March 31, 2021 and the accrual balance remaining at March 31, 2021 related to these programs were as follows:
(In millions) |
Restructuring accrual at December 31, 2020 | $ | 14.3 |
Accrual and accrual adjustments | — |
Cash payments during 2021 | (3.7) |
Effect of changes in foreign currency exchange rates | (0.3) |
Restructuring accrual at March 31, 2021(1) | $ | 10.3 |
(1) The restructuring accrual as of March 31, 2021 includes the balance related to the Reinvent SEE business transformation, as well as an accrual of $2.2 million for a restructuring program related to recent acquisitions. We did not incur any restructuring charges related to the program associated with recent acquisitions for the three months ended March 31, 2021 and 2020, respectively. We expect to pay $8.3 million of the accrual balance remaining at March 31, 2021 within the next twelve months. This amount is included in accrued restructuring costs on the Condensed Consolidated Balance Sheets at March 31, 2021. The remaining accrual of $2.0 million, primarily related to restructuring for recent acquisitions, is expected to be paid in periods including, and beyond, 2022. These amounts are included in other non-current liabilities on our Condensed Consolidated Balance Sheets at March 31, 2021. One of the components of the Reinvent SEE business transformation was to enhance the operational efficiency of the Company by acting as “One SEE”. The program was approved by our Board of Directors as a consolidated program benefiting both Food and Protective, and accordingly the expected program spend by reporting segment is not available. However, of the restructuring accrual of $10.3 million as of March 31, 2021, $4.1 million was attributable to Food and $6.2 million was attributable to Protective.

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
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