Sunbeam 2009 Annual Report Download - page 75

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The following table sets forth the details and the activity related to reorganization costs as of and for the years ended December 31,
2009 and 2008:
Accrual Foreign Accrual
Balance at Reorganization Currency Balance at
(In millions) December 31, 2008 Costs, net Payments and Other December 31, 2009
Severance and other
employee-related $ 12.3 $ 26.4 $ (27.8) $ (0.2) $ 10.7
Other costs 15.8 21.7 (17.1) (1.7) 18.7
Total $ 28.1 $ 48.1 $ (44.9) $ (1.9) $ 29.4
Impairment 4.2
$ 52.3
Reorganization Costs, net
Accrual Charged Capitalized Foreign Accrual
Balance at to Results of as a Cost of Currency Balance at
December 31, 2007 Operations Acquisition Payments and Other December 31, 2008
Severance and other
employee-related (1) $ 11.6 $ 29.8 $ 2.9 $ (27.5) $ (4.5) $ 12.3
Other costs (2) 14.9 26.3 3.5 (30.8) 1.9 15.8
$ 26.5 $ 56.1 $ 6.4 $ (58.3) $ (2.6) $ 28.1
Impairment 3.7
$ 59.8
(1) For 2009 and 2008, the total headcount underlying these costs is approximately 2,700 and 900, respectively. At December 31, 2009, approximately
1,130 employees have not been terminated under the plans.
(2) Amounts accrued at December 31, 2009 for severance and other employee-related will be paid in 2010, while amounts accrued for other costs
(principally lease costs) will be paid through 2015.
Notes to Consolidated Financial Statements
Jarden Corporation Annual Report 2009
(Dollars in millions, except per share data and unless otherwise indicated)
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