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Restructuring Activities | 9 Months Ended
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Sep. 30, 2022
Restructuring and Related Activities [Abstract] |
Restructuring Activities | Restructuring Activities For the three and nine months ended September 30, 2022, the Company incurred $0.6 million and $4.6 million of restructuring charges, respectively, and $1.6 million and $8.5 million of other costs associated with our restructuring program, respectively. These charges were incurred in connection with the Company’s Reinvent SEE business transformation. In December 2018, the Board of Directors approved our Reinvent SEE business transformation, which included the related restructuring program (“Program”). 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 Board of Directors originally approved the Program with a cumulative restructuring spend of up to $220 million and a three-year term. The Board of Directors later extended the Program to the end of calendar year 2022. This extension does not expand the total authorized Program spend and is primarily related to on-going initiatives, including those related to SEE's continued digital transformation. Restructuring spend is estimated to be incurred as follows:
(In millions) |  | Total Restructuring Program Range |  | Less Program Spend to Date |  | Remaining Restructuring Spend
|  | Low |  | High |  |  |  | Low |  | High
Costs of reduction in headcount as a result of reorganization |  | $ | 80 |  |  | $ | 85 |  |  | $ | (79) |  |  | $ | 1 |  |  | $ | 6 |
Other expenses associated with the Program |  | 110 |  |  | 115 |  |  | (110) |  |  | — |  |  | 5 |
Total expense |  | $ | 190 |  |  | $ | 200 |  |  | $ | (189) |  |  | $ | 1 |  |  | $ | 11 |
Capital expenditures |  | 20 |  |  | 20 |  |  | (19) |  |  | 1 |  |  | 1 |
Total estimated cash cost(1) |  | $ | 210 |  |  | $ | 220 |  |  | $ | (208) |  |  | $ | 2 |  |  | $ | 12 |
(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 Program as reflected in the Condensed Consolidated Statements of Operations:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(In millions) |  | 2022 |  | 2021 |  | 2022 |  | 2021
Other associated costs |  | $ | 1.6 |  |  | $ | 5.4 |  |  | $ | 8.5 |  |  | $ | 15.5 |
Restructuring charges |  | 0.6 |  |  | 2.4 |  |  | 4.6 |  |  | 4.5 |
Total charges |  | $ | 2.2 |  |  | $ | 7.8 |  |  | $ | 13.1 |  |  | $ | 20.0 |
Capital expenditures |  | $ | 3.3 |  |  | $ | 1.7 |  |  | $ | 9.1 |  |  | $ | 5.0 |
The aggregate restructuring accrual, spending and other activity for the nine months ended September 30, 2022 and the accrual balance remaining at September 30, 2022 related to the Program were as follows:
(In millions) |
Restructuring accrual at December 31, 2021 | $ | 11.3 |
Accrual and accrual adjustments | 4.6 |
Cash payments during 2022 | (6.9) |
Effect of changes in foreign currency exchange rates | (0.3) |
Restructuring accrual at September 30, 2022 | $ | 8.7 |
We expect to pay $8.5 million of the accrual balance remaining at September 30, 2022 within the next twelve months. This amount is included in Accrued restructuring costs on the Condensed Consolidated Balance Sheets at September 30, 2022. The remaining accrual of $0.2 million is expected to primarily be paid in 2023. These amounts are included in Other non-current liabilities on our Condensed Consolidated Balance Sheets at September 30, 2022. 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 total remaining restructuring accrual of $8.7 million as of September 30, 2022, $3.0 million was attributable to Food and $5.7 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://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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