Restructuring and Related Charges (Tables)

9 Months Ended

Sep. 28, 2018

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Charges by Segment

Net restructuring and related charges reflected in continuing operations by segment are as follows:

	Three Months Ended						Nine Months Ended
	September 28, 2018			September 29, 2017			September 28, 2018			September 29, 2017
Specialty Brands	$	3.2		$	14.6		$	73.7		$	24.1
Corporate	16.4			1.5			27.7			4.3
Restructuring and related charges, net	19.6			16.1			101.4			28.4
Less: accelerated depreciation	(4.9		)	(0.7		)	(4.9		)	(2.1		)
Restructuring charges, net	$	14.7		$	15.4		$	96.5		$	26.3

Schedule of Net Restructuring and Related Charges

Net restructuring and related charges reflected in continuing operations by program are comprised of the following:

	Three Months Ended						Nine Months Ended
	September 28, 2018			September 29, 2017			September 28, 2018			September 29, 2017
2018 Mallinckrodt Program	$	5.2		$	—		$	5.2		$	—
2016 Mallinckrodt Program	9.7			16.1			65.1			28.4
Acquisition programs	4.7			—			31.1			—
Total	19.6			16.1			101.4			28.4
Less: non-cash charges, including accelerated depreciation and impairments	(4.9		)	(0.7		)	(4.9		)	(2.1		)
Total charges expected to be settled in cash	$	14.7		$	15.4		$	96.5		$	26.3

Schedule of Restructuring Reserves Reconciliation by Program

The following table summarizes cash activity for restructuring reserves reflected in continuing operations, substantially all of which are related to contract termination costs and employee severance and benefits:

	2018 Mallinckrodt Program		2016 Mallinckrodt Program			Acquisition Programs			Total
Balance at December 29, 2017	$	—	$	14.1		$	0.8		$	14.9
Charges	2.2		68.4			29.9			100.5
Changes in estimate	—		(3.3		)	(0.7		)	(4.0		)
Cash payments	—		(11.5		)	(21.9		)	(33.4		)
Reclassifications	—		(1.0		)	—			(1.0		)
Currency translation	—		0.7			—			0.7
Balance at September 28, 2018	$	2.2	$	67.4		$	8.1		$	77.7

Schedule of Restructuring Charges Incurred Cumulative to Date

Total Company net restructuring and related charges, including associated asset impairments, incurred cumulative-to-date related to the 2018 and 2016 Mallinckrodt Programs were as follows:

	2018 Mallinckrodt Program		2016 Mallinckrodt Program
Specialty Brands	$	3.0	$	80.0
Corporate	2.2		26.5
Specialty Generics Disposal Group	—		14.4
	$	5.2	$	120.9