Notes to CoNsolidated FiNaNCial statemeNts NOTE 10 – IMPAIrMENTANd rEsTruCTurINg CHArgEs Impairment and restructuring charges by segment were as follows: Year ended December 31, 2011: Year ended December 31, 2009: Year ended December 31, 2010: The following discussion explains the major impairment and restructuring charges recorded for the periods presented; however, it is not  intended to reflect a comprehensive discussion of all amounts in the tables above. In 2009, the Company began the realignment of its organization to improve efficiency and reduce costs as a result of the economic  downturn that began during the latter part of 2008. The initiative was completed in 2010 and included both selling and administrative  cost reductions, as well as manufacturing workforce reductions. During 2010, the Company recognized $5.6 million of severance  and related benefit costs to eliminate approximately 200 employees. Of the $5.6 million charge for 2010, $2.0 million related to the  Aerospace and Defense segment, $1.6 million related to the Process Industries segment, $1.4 million related to the Mobile Industries  segment and $0.6 million related to Corporate positions. During 2009, the Company recognized $42.9 million of severance and related  benefit costs, to eliminate approximately 3,280 employees. Of the $42.9 million charge, $26.0 million related to the Mobile Industries  segment, $8.5 million related to the Process Industries segment, $3.3 million related to the Steel segment, $3.1 million related to the  Aerospace and Defense segment and $2.0 million related to Corporate positions. On July 20, 2009, the Company completed the sale of the remaining portion of its Torrington, Connecticut office complex. In anticipation  of recording a loss upon completion of the sale of the office complex, the Company recorded an impairment charge of $6.4 million  during the second quarter of 2009. THE TIMKEN COMPANY 60 Torrington Campus Workforce Reductions Mobile  Industries Process  Industries Aerospace  & Defense Steel  Corporate Total  Impairment charges  $ 75.2 $ 30.4 $ 2.0 $  – $  – $ 107.6  Severance expense and related benefit costs   31.1   13.3   3.0   3.3   2.1   52.8  Exit costs   2.1   1.6  – – –  3.7  Total  $ 108.4  $ 45.3 $ 5.0 $ 3.3 $ 2.1 $ 164.1 Mobile  Industries Process  Industries Aerospace  & Defense Steel  Corporate Total  Impairment charges  $ 2.1 $ 0.6 $ 2.0 $  – $  – $ 4.7 Severance expense and related benefit costs   2.6   1.3   2.0   (0.1)  0.6   6.4  Exit costs   8.7   1.3   0.6  – –  10.6  Total  $ 13.4 $ 3.2 $ 4.6 $ (0.1) $ 0.6 $ 21.7 Mobile  Industries Process  Industries aerospace  & Defense steel  corporate Total  Impairment charges  $ 0.2 $ 0.3 $  – $  – $  – $ 0.5 Severance expense and related benefit costs   0.2   (0.1) – – –  0.1  Exit costs   13.0   0.3   0.5  – –  13.8  Total  $ 13.4 $ 0.5 $ 0.5 $  – $  – $ 14.4