We implemented various cost reduction initiatives to improve our operating cost structures in the periods presented. These cost initiatives have, among other actions, included workforce reductions and the closure or consolidation of certain operations.

The table below presents all restructuring and restructuring-related activity for the periods presented:


	Year Ended December 31
	2022		2021		2020

Charged to other expense (income), net:
Severance and other restructuring costs 1	$	1.4	$	(.3)	$	7.6

Charged to cost of goods sold:
Inventory obsolescence and other	—		—		.3





Total restructuring and restructuring-related costs	$	1.4	$	(.3)	$	7.9
Amount of total that represents cash charges	$	1.4	$	(.3)	$	7.6

1 In response to the effect the COVID-19 pandemic had on the nature and focus of our operations during 2020, we incurred $6.5 severance expense, primarily for permanent workforce reductions associated with changes in management and organizational structure.

The accrued liabilities associated with restructuring initiatives at December 31, 2022, 2021, and 2020 were $.6, $1.3, and $4.1, respectively.

During the years presented we divested a few small businesses in our Bedding Products segment which had immaterial amounts of annual external sales and EBIT. There were no material gains or losses recognized on the sale of these businesses. The aggregated selling price for 2022, 2021, and 2020 were $2.0, $7.0, and $11.0, respectively.