Restructuring, transformation, and impairment charges were as follows:


	Quarter Ended		Six-Month Period Ended
In Millions	Nov. 23, 2025	Nov. 24, 2024	Nov. 23, 2025	Nov. 24, 2024
Other intangible asset impairment	$52.9	$—	$52.9	$—
Supply chain actions	50.3	—	50.3	—
Charges associated with restructuring and transformation actions previously announced	21.9	1.3	40.2	4.2
Total	$125.1	$1.3	$143.4	$4.2

In the second quarter of fiscal 2026, we recorded a $52.9 million non-cash impairment charge related to our Uncle Toby's brand

In the second quarter of fiscal 2026, we approved a multi-year organizational initiative to increase the competitiveness of our supply

chain. We expect to incur approximately $82 million of restructuring charges, of which approximately $17 million will be cash. These

charges are expected to consist of approximately $64 million of asset write-offs and $18 million of other costs, including severance.

We recognized $45.4 million of asset write-offs, including $42.5 million of impairment, and $4.9 million of severance and other

benefit costs in the second quarter of fiscal 2026. The non-cash asset impairment charges to write down certain long-lived assets to

their fair value were based on recently reported transactions for similar assets in the marketplace. We expect these actions to be

We recorded $21.9 million of restructuring and transformation charges in the second quarter of fiscal 2026 and $40.2 million of

restructuring and transformation charges in the six-month period ended November 23, 2025, related to restructuring and

transformation actions previously announced. We recorded $1.3 million of restructuring charges in the second quarter of fiscal 2025

and $4.2 million of restructuring charges in the six-month period ended November 24, 2024, related to restructuring actions previously

announced. We expect these actions to be completed by the end of fiscal 2028.

We paid net $46.6 million of cash in the six-month period ended November 23, 2025, related to restructuring and transformation

actions. We paid net $5.1 million of cash in the same period of fiscal 2025.

Restructuring, transformation, and impairment charges are recorded in our Consolidated Statements of Earnings as follows:


	Quarter Ended		Six-Month Period Ended
In Millions	Nov. 23, 2025	Nov. 24, 2024	Nov. 23, 2025	Nov. 24, 2024
Restructuring, transformation, impairment, and other exit costs	$122.1	$1.2	$138.4	$3.4
Cost of sales	3.0	0.1	5.0	0.8
Total restructuring, transformation, and impairment charges	$125.1	$1.3	$143.4	$4.2

The roll forward of our restructuring, transformation, and other exit cost reserves, included in other current liabilities, is as follows:


In Millions	Total
Reserve balance as of May 25, 2025	$77.1
Fiscal 2026 charges, including foreign currency translation	4.8
Utilized in fiscal 2026	(19.4)
Reserve balance as of Nov. 23, 2025	$62.5

The restructuring, transformation, and other exit cost reserves balance as of November 23, 2025, is primarily related to severance

costs. The charges recognized in the roll forward of our reserves for restructuring, transformation, and other exit costs do not include

items charged directly to expense (e.g., asset write-offs, asset impairment charges, and the gain or loss on the sale of restructured

assets) and other periodic exit costs recognized as incurred, as those items are not reflected in our restructuring, transformation, and