Exit and Disposal Activities (Tables)
| 9 Months Ended |
|---|
Sep. 30, 2011 |
|---|
| Exit and Disposal Activities | |
| Summary of exit and disposal activities related to continuing operations |
|
|
|
|
Third Quarter |
|
First Nine Months |
|
|
In millions |
|
2011 |
|
2010 |
|
2011 |
|
2010 |
|
|
Cost of goods sold |
|
$ |
1.0 |
|
$ |
3.3 |
|
$ |
4.0 |
|
$ |
9.4 |
|
|
Selling and administrative expenses |
|
0.7 |
|
0.1 |
|
0.7 |
|
0.7 |
|
|
Research and development expenses |
|
— |
|
— |
|
— |
|
0.2 |
|
|
Other operating expense |
|
0.4 |
|
— |
|
0.4 |
|
— |
|
|
Total exit and disposal costs |
|
$ |
2.1 |
|
$ |
3.4 |
|
$ |
5.1 |
|
$ |
10.3 |
| | | | | |
|
| Summary of exit and disposal activities by type |
|
|
|
|
Third Quarter |
|
First Nine Months |
|
|
In millions |
|
2011 |
|
2010 |
|
2011 |
|
2010 |
|
|
Termination benefits |
|
$ |
0.6 |
|
$ |
0.6 |
|
$ |
0.6 |
|
$ |
3.8 |
|
|
Fixed asset impairment |
|
0.4 |
|
— |
|
0.4 |
|
— |
|
|
Other associated costs |
|
1.1 |
|
2.8 |
|
4.1 |
|
6.5 |
|
|
Total exit and disposal costs |
|
$ |
2.1 |
|
$ |
3.4 |
|
$ |
5.1 |
|
$ |
10.3 |
| | | | | |
|
| Summary of exit and disposal accrual activities |
|
|
In millions |
|
Termination
Benefits |
|
Asset
Impairment |
|
Other
Associated
Costs |
|
Total |
|
|
Balance at December 31, 2010 |
|
$ |
3.1 |
|
$ |
— |
|
$ |
1.1 |
|
$ |
4.2 |
|
|
2011 charges to expense and adjustments |
|
0.6 |
|
0.4 |
|
4.1 |
|
5.1 |
|
|
2011 payments |
|
(2.9 |
) |
(0.4 |
) |
(5.0 |
) |
(8.3 |
) |
|
Balance at September 30, 2011 |
|
$ |
0.8 |
|
$ |
— |
|
$ |
0.2 |
|
$ |
1.0 |
| | | | |
|
| Summary of exit and disposal activities by segment |
|
|
|
|
Third Quarter |
|
First Nine Months |
|
|
In millions |
|
2011 |
|
2010 |
|
2011 |
|
2010 |
|
|
Total by segment |
|
|
|
|
|
|
|
|
|
|
Transportation Products |
|
$ |
1.3 |
|
$ |
3.0 |
|
$ |
3.9 |
|
$ |
8.3 |
|
|
Brake and Friction |
|
0.8 |
|
0.3 |
|
1.2 |
|
0.9 |
|
|
Interconnect Technologies |
|
— |
|
0.1 |
|
— |
|
1.1 |
|
|
Total exit and disposal costs |
|
$ |
2.1 |
|
$ |
3.4 |
|
$ |
5.1 |
|
$ |
10.3 |
| | | | |
|