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Restructuring and Impairment Activities
 3 Months Ended
Mar. 31, 2022
Restructuring and Related Activities [Abstract]  
Restructuring and Impairment Activities Restructuring and Impairment Activities
 
The Company incurred restructuring and impairment expenses of $13.2 million, and $1.7 million in the three months ended March 31, 2022 and 2021, respectively.

In the EP segment, restructuring and impairment expenses were $0.3 million and $1.7 million in the three months ended March 31, 2022 and 2021, respectively. Restructuring and impairment expense for the three months ended March 31, 2022 includes $0.3 million related to pension benefits for the Winkler, Manitoba facility, which was closed in 2021. Restructuring and impairment expense for the three months ended March 31, 2021 included
$1.4 million related to the Spotswood site, which was sold in 2021, and $0.3 million related to severance accruals at other manufacturing facilities as part of an ongoing cost optimization project. The Spotswood site was sold on December 9, 2021, for total proceeds of $34.4 million.

The Company expects to record additional restructuring and impairment and restructuring related costs in the EP segment during 2022 of approximately $1.0 million relating the closing of the Winkler, Manitoba facility for the settlement of post-retirement benefit obligations and retention.

In the AMS segment, restructuring and impairment expenses were $12.9 million for the three months ended March 31, 2022, primarily related to the write-down of certain assets in conjunction with the planned divestiture of a portion of the segment serving the construction end-market. After considering the impact of impairments, assets held for sale consist primarily of accounts receivable and inventories. There were no restructuring and impairment expenses for the three months ended March 31, 2021.

The following table summarizes total restructuring and related charges for the three months ended March 31, 2022 and 2021:
Three Months Ended
March 31, 2022March 31, 2021
Restructuring and impairment expense:
Severance$0.2 $0.3 
Other0.1 1.4 
Asset impairment$12.9 $— 
Total restructuring and impairment expense$13.2 $1.7 
Total other restructuring related charges - Cost of products sold$— $— 
Total restructuring costs and related charges$13.2 $1.7 

The following table summarizes changes in restructuring liabilities during the periods ended March 31, 2022 and 2021. ($ in millions):
Three Months Ended
March 31, 2022March 31, 2021
Balance at beginning of year$6.2 $7.4 
Accruals for announced programs— 0.3 
Cash payments(1.4)(2.2)
Foreign exchange impact(0.1)(0.1)
Balance at end of period$4.7 $5.4 
Restructuring liabilities were classified within Accrued expenses and other current liabilities and Other liabilities in each of the condensed consolidated balance sheets.