Restructuring, Asset Impairments and Other, Net

3 Months Ended

Apr. 01, 2022

Restructuring Charges [Abstract]

Restructuring, Asset Impairments and Other, Net

Note 5: Restructuring, Asset Impairments and Other, Net

Details of restructuring, asset impairments and other charges, net are as follows (in millions):        

	Restructuring		Asset Impairments		Other		Total
Quarter ended April 1, 2022
Other	$	(0.5)	$	4.0	$	(16.5)	$	(13.0)
Total	$	(0.5)	$	4.0	$	(16.5)	$	(13.0)

A summary of changes in accrued restructuring balance is as follows (in millions):

	As of						As of
	December 31, 2021		Charges		Usage		April 1, 2022
Employee separation charges	$	10.8	$	(0.5)	$	(4.8)	$	5.5
Total	$	10.8	$	(0.5)	$	(4.8)	$	5.5

The Other category primarily includes the gain from the sale of an office building. There were no new restructuring programs implemented and the activity during the quarter ended April 1, 2022 represented payments to employees whose employments were terminated during 2021.

The Company continues to evaluate employee positions and locations for potential efficiencies, and may incur additional charges in the future.