RESTRUCTURING AND OTHER CHARGES

The Company continually evaluates its cost structure to be appropriately positioned to respond to changing market conditions. From time to time the Company may initiate certain restructuring programs to better utilize its workforce and optimize facility utilization to match the demand for its products.

Restructuring

During the year ended December 31, 2016, the Company established restructuring programs in its Cranes segment to transfer production between existing facilities and close certain facilities in order to maximize labor efficiencies and reduce overhead costs. The programs are expected to cost $67.0 million, result in the reduction of approximately 700 team members and be completed in 2018.

The following table provides information for all restructuring activities by segment of the amount of expense incurred during the year ended December 31, 2017, the cumulative amount of expenses incurred for the years ended December 31, 2017, 2016 and 2015 and the total amount expected to be incurred (in millions):



	Amount incurred during the year ended December 31, 2017			Cumulative amount incurred through December 31, 2017		Total amount expected to be incurred
AWP	$	0.1		$	0.4	$	0.4
Cranes	(10.0		)	67.0		67.0
MP	0.1			0.1		0.1
Corporate and Other	0.1			3.1		3.1
Total	$	(9.7	)	$	70.6	$	70.6

The following table provides information by type of restructuring activity with respect to the amount of expense incurred during the year ended December 31, 2017, the cumulative amount of expenses incurred since inception of the programs and the total amount expected to be incurred (in millions):



	Employee Termination Costs			Facility Exit Costs		Asset Disposal and Other Costs			Total
Amount incurred in the year ended December 31, 2017	$	(12.5	)	$	3.3	$	(0.5	)	$	(9.7	)
Cumulative amount incurred through December 31, 2017	$	48.3		$	5.1	$	17.2		$	70.6
Total amount expected to be incurred	$	48.3		$	5.1	$	17.2		$	70.6

The following table provides a roll forward of the restructuring reserve by type of restructuring activity for the year ended December 31, 2017 (in millions):



	Employee Termination Costs
Restructuring reserve at December 31, 2016	$	56.8
Restructuring reserve increase (decrease) (1)	(12.9		)
Cash expenditures	(20.6		)
Foreign exchange	6.4
Restructuring reserve at December 31, 2017	$	29.7

(1) Primarily related to the reversal of accrued restructuring costs associated with the Company’s change in strategy for reorganizing a certain business and need to reduce headcount less than previously planned.

During the years ended December 31, 2017, 2016 and 2015, $(5.9) million, $42.6 million and $0.3 million, respectively, of restructuring charges were included in COGS. During the years ended December 31, 2017, 2016 and 2015, $(3.3) million, $20.8 million and $1.1 million, respectively, of restructuring charges were included in SG&A. There were $17.7 million of asset impairments included in restructuring costs, recorded in SG&A, for the year ended December 31, 2016. During the years ended December 31, 2017 and 2015 there were an insignificant amount of asset impairments included in restructuring costs.

Other Charges

During the year ended December 31, 2017, the Company recorded reductions of $17.7 million to severance accruals established in the prior year as a component of COGS and recorded expense of $6.1 million as a component of SG&A for severance charges across all segments and corporate functions. During the year ended December 31, 2016, the Company recorded expense of $21.1 million and $12.7 million as a component of COGS and SG&A, respectively, for severance charges across all segments and corporate functions.