XML 14 R43.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Restructuring and Related Charges (Tables)
 12 Months Ended
Dec. 27, 2019
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Charges by Segment
Net restructuring and related charges by segment were as follows:
 
Fiscal Year
 
2019
 
2018
 
2017
Specialty Brands
$
(13.7
)
 
$
54.6

 
$
25.4

Specialty Generics
10.0

 
5.3

 
7.7

Corporate
2.0

 
48.3

 
3.3

Restructuring and related charges, net
(1.7
)
 
108.2

 
36.4

Less: accelerated depreciation
—

 
(5.2
)
 
(5.2
)
Restructuring charges, net
$
(1.7
)
 
$
103.0

 
$
31.2
Schedule of Net Restructuring and Related Charges
Net restructuring and related charges by program from continuing operations are comprised of the following:
 
Fiscal Year
 
2019
 
2018
 
2017
2018 Program
$
9.8

 
$
5.2

 
$
—

2016 Program
(10.6
)
 
71.6

 
36.2

2013 Program
—

 
—

 
(0.7
)
Acquisition programs
(0.9
)
 
31.4

 
0.9

Total programs
(1.7
)
 
108.2

 
36.4

Less: non-cash charges, including accelerated depreciation
—

 
(5.2
)
 
(5.2
)
Total charges expected to be settled in cash
$
(1.7
)
 
$
103.0

 
$
31.2
Schedule of Restructuring Reserves by Type of Cost
The following table summarizes cash activity for restructuring reserves, substantially all of which related to contract termination costs, employee severance and benefits and exiting of certain facilities:
 
2018 Program
 
2016 Program
 
2013 Program
 
Acquisition Programs
 
Total
Balance as of December 30, 2016
$
—

 
$
9.5

 
$
5.1

 
$
0.2

 
$
14.8

Charges from continuing operations
—

 
35.8

 
—

 
0.9

 
36.7

Changes in estimate from continuing operations
—

 
(4.8
)
 
(0.7
)
 
—

 
(5.5
)
Cash payments
—

 
(26.1
)
 
(4.4
)
 
(0.3
)
 
(30.8
)
Reclassifications
—

 
0.3

 
—

 
—

 
0.3

Balance as of December 29, 2017
—

 
14.7

 
—

 
0.8

 
15.5

Charges from continuing operations
2.2

 
76.9

 
—

 
29.9

 
109.0

Changes in estimate from continuing operations
—

 
(5.3
)
 
—

 
(0.7
)
 
(6.0
)
Cash payments
—

 
(23.4
)
 
—

 
(22.2
)
 
(45.6
)
Reclassifications
—

 
(1.9
)
 
—

 
—

 
(1.9
)
Balance as of December 28, 2018
2.2

 
61.0

 
—

 
7.8

 
71.0

Charges from continuing operations
11.2

 
4.0

 
—

 
0.1

 
15.3

Changes in estimate from continuing operations
(1.4
)
 
(14.6
)
 
—

 
(1.0
)
 
(17.0
)
Cash payments
(9.3
)
 
(13.1
)
 
—

 
(2.4
)
 
(24.8
)
Reclassifications (1)
—

 
(5.0
)
 
—

 
(4.3
)
 
(9.3
)
Currency translation
—

 
(1.0
)
 
—

 
—

 
(1.0
)
Balance as of December 27, 2019
$
2.7

 
$
31.3

 
$
—

 
$
0.2

 
$
34.2


(1)
Represents the reclassification of lease liabilities, net to lease liabilities and lease assets, which are reflected within other liabilities and other assets on the consolidated balance sheet, due to the adoption of ASU 2016-02.
 [1]
Schedule of Restructuring Charges Incurred Cumulative to Date et restructuring and related charges incurred cumulative to date were as follows:
 
2018 Program (1)
 
2016 Program
 
2013 Program
Specialty Brands
$
3.0

 
$
68.1

 
$
18.8

Specialty Generics
10.0

 
14.6

 
18.3

Discontinued Operations
—

 
—

 
69.9

Corporate
2.0

 
28.9

 
17.7

 
$
15.0

 
$
111.6

 
$
124.7
[1]
Represents the reclassification of lease liabilities, net to lease liabilities and lease assets, which are reflected within other liabilities and other assets on the consolidated balance sheet, due to the adoption of ASU 2016-02.