Restructuring and Related Charges (Tables)

3 Months Ended

Apr. 01, 2022

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Charges by Segment

Net restructuring and related charges by segment were as follows:

	Three Months Ended
	April 1, 2022		March 26, 2021
Specialty Generics	$	3.5	$	—
Corporate	3.3		1.1
Restructuring and related charges, net	6.8		1.1
Less: accelerated deprecation	—		(0.7)
Restructuring charges, net	$	6.8	$	0.4

Schedule of Net Restructuring and Related Charges

Net restructuring and related charges by program were comprised of the following:

	Three Months Ended
	April 1, 2022		March 26, 2021
2018 Program	$	6.8	$	1.1
Less: non-cash charges, including accelerated depreciation	(2.1)		(1.1)
Total charges expected to be settled in cash	$	4.7	$	—

Schedule of Restructuring Reserves Reconciliation by Program

The following table summarizes cash activity for restructuring reserves, which primarily related to employee severance and benefits:

	2018 Program
Balance as of December 31, 2021	$	10.9
Charges	5.7
Changes in estimate	(1.0)
Cash payments	(12.6)
Balance as of April 1, 2022	$	3.0

Schedule of Restructuring Charges Incurred Cumulative to Date

As of April 1, 2022, net restructuring and related charges incurred cumulative to date were as follows:

	2018 Program
Specialty Brands	$	3.1
Specialty Generics	18.5
Corporate	81.2
	$	102.8