XML 44 R33.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Restructuring and Impairment Activities (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2022
Restructuring and Related Activities [Abstract] |
Changes in Restructuring Liabilities | The following table summarizes total restructuring and impairment expense (in millions):
| Three Months Ended |  | Nine Months Ended
| September 30, 2022 |  | September 30, 2021 |  | September 30, 2022 |  | September 30, 2021
Restructuring and impairment expense: |  |  |  |  |  |  |
Severance | $ | 0.3 |  |  | $ | 1.2 |  |  | $ | 1.6 |  |  | $ | 2.8 |
Other | 0.7 |  |  | 0.7 |  |  | 2.1 |  |  | 3.1 |
Asset impairment | 0.8 |  |  | — |  |  | 13.7 |  |  | — |
Total restructuring and impairment expense | $ | 1.8 |  |  | $ | 1.9 |  |  | $ | 17.4 |  |  | $ | 5.9 |
Other restructuring related charges - Cost of products sold |  |  |  |  |  |  |
Accelerated depreciation and amortization | $ | — |  |  | $ | 0.1 |  |  | $ | — |  |  | $ | 0.1 |
Spare parts and inventory write-downs to estimated net realizable value | $ | — |  |  | $ | 0.4 |  |  | $ | — |  |  | $ | 0.4 |
Other restructuring related charges - Cost of products sold | — |  |  | 0.5 |  |  | — |  |  | 0.5 |
Total restructuring costs and related charges | $ | 1.8 |  |  | $ | 2.4 |  |  | $ | 17.4 |  |  | $ | 6.4 |
The following table summarizes changes in restructuring liabilities (in millions):
|  | Nine Months Ended
|  | September 30, 2022 |  | September 30, 2021
Balance at beginning of period |  | $ | 6.2 |  |  | $ | 7.4 |
Accruals for announced programs |  | 0.4 |  |  | 2.8 |
Accruals assumed from Merger(1) |  | 2.3 |  | — |
Cash payments |  | (2.6) |  |  | (4.8) |
Foreign exchange impact |  | (0.4) |  |  | (0.1) |
Balance at end of period |  | $ | 5.9 |  |  | $ | 5.3 |
(1) Accrued liabilities primarily for severance related to an optimization program at the Coldenhove, Netherlands facility and the closure of the Appleton, Wisconsin facility, both of which were acquired through the Merger.

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
Name: | us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration