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Management Actions
12 Months Ended
Dec. 31, 2022
Restructuring and Related Activities [Abstract]  
Management Actions Management Actions
Restructuring Actions
In 2022 and 2021, we incurred restructuring expenses as part of our ongoing global reorganization efforts. The following pre-tax restructuring charges were included in the consolidated statements of income:
20222021
Severance-related costs - Selling and administrative expense$2.2 $3.3 
Severance-related costs - Cost of sales— 0.8 
Other costs - Selling and administrative expense(a)
1.6 — 
Other costs - Cost of sales(a)
0.3 — 
Total pre-tax restructuring costs$4.1 $4.1 
(a)Includes facility exit costs associated with facility moves.
The charges in 2022 impacted all operating segments. The charges in 2021 primarily impacted the EMEA and APAC operating segments. Our restructuring actions represent the continued execution of a multi-year enterprise strategy to drive increased productivity throughout our operations.
A reconciliation to the ending liability balance of severance and related costs as of December 31, 2022 is as follows:
20222021
Beginning balance$4.9 $4.5 
New charges2.2 4.1 
Cash payments(2.9)(2.9)
Foreign currency adjustments(0.5)(0.2)
Adjustment to accrual(2.0)(0.6)
Ending balance$1.7 $4.9 
Other Actions
In 2019, we made the decision to exit certain product lines to reflect our estimate of inventory that would not be sold. During the year ended December 31, 2020, we recorded an additional $1.7 million in cost of sales in
the consolidated statements of income to reflect our estimate of inventory that would not be sold, all of which was recorded in the first quarter of 2020.