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Newell Rubbermaid Inc. 2009 Annual Report
53
The table below shows restructuring costs recognized for Project Acceleration restructuring activities for the years ended December 31, aggregated by
reportable business segment (in millions):
Segment 2009 2008 2007
Home & Family $ 24.0 $ 43.5 $ 5.5
Office Products 34.8 35.6 45.0
Tools, Hardware & Commercial Products 16.6 20.4 30.4
Corporate 24.6 17.7 5.1
$100.0 $117.2 $86.0
The following table depicts the changes in accrued restructuring reserves for Project Acceleration for the years ended December 31, 2009 and 2008, respectively,
aggregated by reportable business segment (in millions):
December 31, December 31,
2008 Costs 2009
Segment Balance Provision Incurred Balance
Home & Family $ 6.1 $ 24.0 $ (22.1) $ 8.0
Office Products 17.5 34.8 (36.6) 15.7
Tools, Hardware & Commercial Products 16.5 16.6 (29.2) 3.9
Corporate 10.9 24.6 (28.0) 7.5
$51.0 $100.0 $(115.9) $35.1
December 31, December 31,
2007 Costs 2008
Segment Balance Provision Incurred Balance
Home & Family $ 0.8 $ 43.5 $ (38.2) $ 6.1
Office Products 23.1 35.6 (41.2) 17.5
Tools, Hardware & Commercial Products 13.9 20.4 (17.8) 16.5
Corporate 0.9 17.7 (7.7) 10.9
$38.7 $117.2 $(104.9) $51.0
The table below shows total restructuring costs for Project Acceleration since inception through December 31, 2009, aggregated by reportable business
segment (in millions):
Segment Provision
Home & Family $131.1
Office Products 162.7
Tools, Hardware & Commercial Products 78.9
Corporate 48.2
$420.9
Cash paid for all restructuring activities was $84.0 million, $60.9 million and $53.1 million for 2009, 2008 and 2007, respectively.