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Restructuring Activities (Tables)
12 Months Ended
Dec. 31, 2022
Restructuring and Related Activities [Abstract]  
Components of Costs Associated with Project Centennial

The table below presents the components of costs associated with Project Centennial in Fiscal 2020 (amounts in thousands):

 

 

Fiscal 2020

 

Restructuring and related impairment charges:

 

 

 

Lease termination charges

 

$

4,077

 

Impairment charges, net of gain on sale

 

 

23,627

 

Employee termination benefits

 

 

7,779

 

Restructuring and related impairment charges (1)

 

 

35,483

 

Project Centennial implementation costs (2)

 

 

15,548

 

Total Project Centennial restructuring and implementation costs

 

$

51,031

 

(1)
Presented on our Consolidated Statements of Income.
(2)
Represents non-restructuring costs and are recorded in the selling, distribution, and administrative expenses line item of our Consolidated Statements of Income.
Schedule of Restructuring Impairment Charges Recognized By Type of Cost

The table below details the restructuring impairments (inclusive of property, plant and equipment, ingredient and packaging, and spare parts and intangible assets) that were recognized during Fiscal 2020 (amounts in thousands):

 

 

 

Fiscal 2020

 

Plant closure costs

 

$

5,747

 

Line and distribution depot closure costs

 

 

629

 

Spare parts

 

 

734

 

Brand rationalization study impairments

 

 

7,120

 

Lease impairment charges

 

 

9,397

 

Total restructuring impairment of assets

 

$

23,627