Restructuring Charges (Notes)

6 Months Ended

Jun. 30, 2022

Restructuring Costs [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

Restructuring Costs

The Company's results of operations for both the three and six months ended June 30, 2022 and July 1, 2021 include restructuring costs related to actions the Company has taken to align costs to updated production levels that have been directed by the Company's customers (restructuring activity). Largely beginning in the first quarter of 2020, the Company's customers, including Boeing and Airbus, significantly reduced their overall production rates as a result of the COVID-19 pandemic and, in the case of Boeing, the B737 MAX grounding. The restructuring activity materially affected the scope of operations and manner in which business is conducted by the Company compared to periods prior to the restructuring activities.

Restructuring costs are presented separately as a component of operating loss on the Condensed Consolidated Statements of Operations. The total restructuring costs for the three and six months ended June 30, 2022 were $0.0 and $0.2, respectively, and are included in segment operating margins for the Commercial Segment.

For the three and six months ended July 1, 2021, total restructuring costs of $5.2 and $7.3, respectively, were comprised largely of costs incurred during the period related to site closures. The total amount for the three and six months ended July 1, 2021 was $4.9 and $6.0, respectively, for the Commercial Segment, $0.2 and $1.1, respectively, for the Defense & Space Segment, and $0.1 and $0.2, respectively, for the Aftermarket Segment.