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Divestitures
9 Months Ended
Sep. 29, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Divestitures Divestitures
During 2024, the Company approved plans to divest of certain immaterial, non-core operations from both the HPMC and AA&S segments. These non-core operations, which are classified as held for sale as of September 29, 2024, do not meet the criteria to be classified as discontinued operations in the consolidated financial statements. The following are the assets and liabilities classified as held for sale that are reported as prepaid expenses and other current assets, other long-term assets, other current liabilities, and other long-term liabilities on the consolidated balance sheet as of September 29, 2024.
(in millions)September 29,
2024
Assets
Cash$19.2 
Accounts receivable, net6.1
Inventories, net31.4
Prepaid expenses and other current assets0.3
   Total current assets57.0 
Property, plant and equipment, net5.4
Other assets6.5
   Total long-term assets11.9
      Total Assets68.9
Liabilities
Accounts payable2.4
Other current liabilities2.8 
   Total current liabilities5.2
Other long-term liabilities3.9
      Total Liabilities9.1
Net assets held for sale$59.8