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Rationalization Charges | 3 Months Ended
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Mar. 31, 2020
Restructuring and Related Activities [Abstract] |
Rationalization Charges | Rationalization Charges We continually evaluate cost reduction opportunities across each of our businesses, including rationalizations of our existing facilities through plant closings and downsizings. We use a disciplined approach to identify opportunities that generate attractive cash returns. Rationalization charges by business segment for the three months ended March 31 were as follows:
|  |  |  | 2020 |  | 2019
|  |  |  | (Dollars in thousands) |  |
Metal containers |  |  |  |  | $ | 1,963 |  |  | $ | 222 |
Closures |  |  |  |  | 742 |  |  | 5,660 |
Plastic containers |  |  |  |  | 94 |  |  | 201 |
|  |  |  |  | $ | 2,799 |  |  | $ | 6,083 |
Activity in reserves for our rationalization plans were as follows:
|  | Employee Severance and Benefits |  | Plant Exit Costs |  | Non-Cash Asset Write-Down |  | Total
|  | (Dollars in thousands) |  |  |  |  |  |
Balance at December 31, 2019 |  | $ | 42,815 |  |  | $ | 898 |  |  | $ | — |  |  | $ | 43,713 |
Charged to expense |  | 1,362 |  |  | 1,242 |  |  | 195 |  |  | 2,799 |
Utilized and currency translation |  | (2,122) |  |  | (1,331) |  |  | (195) |  |  | (3,648) |
Balance at March 31, 2020 |  | $ | 42,055 |  |  | $ | 809 |  |  | $ | — |  |  | $ | 42,864 |
Rationalization reserves as of March 31, 2020 were recorded in our Condensed Consolidated Balance Sheets as accrued liabilities of $4.7 million and other liabilities of $38.2 million. Exclusive of the footprint optimization plan for our metal container business and our resulting withdrawal from the Central States, Southeast and Southwest Areas Pension Plan, or the Central States Pension Plan, announced in 2019, remaining expenses for our rationalization plans of $1.9 million are expected primarily through 2020 and remaining cash expenditures for our rationalization plans of $3.6 million are expected through 2023. Remaining expenses for the accretion of interest for the withdrawal liability related to the Central States Pension Plan are expected to average approximately $1.1 million per year and be recognized annually for the next twenty years, and remaining cash expenditures for the withdrawal liability related to the Central States Pension Plan are expected to be approximately $3.1 million annually for the next twenty years, beginning in 2020.

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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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