XML 39 R26.htm IDEA: XBRL DOCUMENT v3.25.1
EXIT AND DISPOSAL ACTIVITIES (Tables)
6 Months Ended
Mar. 30, 2025
Restructuring and Related Activities [Abstract]  
Summary of Restructuring and Related Charges
The following summarizes restructuring charges for the three and six month periods ended March 30, 2025 and March 31, 2024:
Three Month Periods EndedSix Month Periods Ended
(in millions)
March 30, 2025March 31, 2024March 30, 2025March 31, 2024
Exit and disposal costs$3.5 $0.7 $4.0 $1.0 
Reported as:
Selling, general & administrative expense3.5 0.7 4.0 1.0 
Summary of Exit and Disposal Charges
The following is a summary of restructuring charges by segment for the three and six month periods ended March 30, 2025 and March 31, 2024.
Three month periods endedSix month periods ended
(in millions)March 30, 2025March 31, 2024March 30, 2025March 31, 2024
GPC$0.3 $0.1 $0.3 $— 
HPC2.1 0.4 2.6 0.7 
Corporate and shared operations1.1 0.2 1.1 0.3 
Total exit and disposal activities$3.5 $0.7 $4.0 $1.0 
Summary of Costs Incurred and Cumulative Costs by Cost Type
The following is a summary of restructuring charges by cost type for the three and six month periods ended March 30, 2025 and March 31, 2024.
(in millions)
Termination
Benefits
Other
Costs
Total
Three month period ended March 30, 2025$3.4 $0.1 $3.5 
Three month period ended March 31, 20240.4 0.3 0.7 
Six month period ended March 30, 20253.9 0.1 4.0 
Six month period ended March 31, 20240.5 0.5 1.0 
Summary of Rollforward of Restructuring Accrual
The following is a roll forward of the accrual for restructuring charges by cost type for the six month period ended March 30, 2025.
(in millions)Termination
Benefits
Other
Costs
Total
September 30, 2024$1.2 $0.1 $1.3 
Provisions3.6 0.1 3.7 
Cash expenditures(1.6)— (1.6)
March 30, 2025$3.2 $0.2 $3.4