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Restructuring and Related Charges
3 Months Ended
Mar. 27, 2020
Restructuring and Related Activities [Abstract]  
Restructuring and Related Charges
3.
Restructuring and Related Charges
During fiscal 2018 and 2016, the Company launched restructuring programs designed to improve its cost structure. Charges of $100.0 million to $125.0 million were provided for under each program. Each program generally commenced upon substantial completion of the previous program. In addition to the aforementioned programs, the Company has taken restructuring actions to generate synergies from its acquisitions.
Net restructuring and related charges by segment were as follows:
 
Three Months Ended
 
March 27,
2020
 
March 29,
2019
Specialty Brands
$

 
$
0.5

Specialty Generics
0.1

 
3.5

Corporate
(1.9
)
 
0.2

Restructuring and related charges, net
(1.8
)
 
4.2

Less: accelerated depreciation

 

Restructuring charges, net
$
(1.8
)
 
$
4.2


Net restructuring and related charges by program were comprised of the following:
 
Three Months Ended
 
March 27,
2020
 
March 29,
2019
2018 Program
$
0.1

 
$
3.5

2016 Program

 
0.7

Acquisition Programs
(1.9
)
 

Total charges expected to be settled in cash
$
(1.8
)
 
$
4.2


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
 
Acquisition Programs
 
Total
Balance as of December 27, 2019
$
2.7

 
$
31.3

 
$
0.2

 
$
34.2

Charges
0.1

 

 

 
0.1

Changes in estimate

 

 
(1.9
)
 
(1.9
)
Cash payments
(2.5
)
 
(30.5
)
 
(0.2
)
 
(33.2
)
Currency translation and other

 

 
1.9

 
1.9

Balance as of March 27, 2020
$
0.3

 
$
0.8

 
$

 
$
1.1


As of March 27, 2020, net restructuring and related charges incurred cumulative to date were as follows:
 
2018 Program
 
2016 Program
Specialty Brands
$
3.0

 
$
68.1

Specialty Generics
10.1

 
14.6

Corporate
2.0

 
28.9

 
$
15.1

 
$
111.6


All of the restructuring reserves were included in accrued and other current liabilities on the Company's unaudited condensed consolidated balance sheets. Amounts paid in the future may differ from the amount currently recorded.