XML 36 R24.htm IDEA: XBRL DOCUMENT v3.22.2.2
Restructuring and Other Charges, Net (Tables)
9 Months Ended
Sep. 25, 2022
Restructuring and Other Charges, Net  
Summary of the pre-tax cost by restructuring programs

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Third Quarter Ended

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Nine Months Ended

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September 25,

         

September 26,

         

September 25,

         

September 26,

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2022

         

2021

         

2022

         

2021

    

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(in millions)

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Restructuring costs:

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2021 France Actions

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$

0.4

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$

0.9

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$

2.7

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$

18.9

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Other Actions

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1.3

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—

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1.7

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(0.7)

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Total restructuring charges

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$

1.7

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$

0.9

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$

4.4

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$

18.2

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Summary of recorded pre-tax restructuring costs by business segment

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Third Quarter Ended

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Nine Months Ended

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September 25,

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September 26,

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September 25,

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September 26,

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2022

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2021

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2022

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2021

    

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(in millions)

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Americas

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$

0.4

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$

—

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$

0.8

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$

(0.7)

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Europe

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1.3

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0.9

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3.7

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18.8

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APMEA

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—

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—

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(0.1)

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0.1

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Total

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$

1.7

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$

0.9

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$

4.4

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$

18.2

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Summary of total expected, incurred and remaining pre-tax restructuring costs

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Facility

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Legal and

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Asset

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exit

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Severance

     

consultancy

     

write-downs

     

and other

     

Total

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(in millions)

Costs incurred — 2021

 

$

16.9

 

$

0.9

 

$

0.9

 

$

1.0

 

$

19.7

Costs incurred—first quarter 2022

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0.2

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0.1

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0.4

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0.3

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1.0

Costs incurred—second quarter 2022

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0.6

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0.1

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0.4

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0.2

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1.3

Costs incurred—third quarter 2022

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0.3

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—

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—

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0.1

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0.4

Remaining costs to be incurred

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1.7

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0.1

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—

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—

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1.8

Total expected restructuring costs

 

$

19.7

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$

1.2

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$

1.7

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$

1.6

 

$

24.2

Summary of restructuring reserve activity

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Facility

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Legal and

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Asset

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exit

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Severance

    

consultancy

    

write-downs

    

and other

    

Total

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(in millions)

Balance at December 31, 2021

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$

9.9

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$

0.2

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$

—

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$

0.5

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$

10.6

Net pre-tax restructuring charges

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0.2

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0.1

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0.4

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0.3

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1.0

Utilization and foreign currency impact

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(4.7)

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(0.1)

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(0.4)

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(0.3)

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(5.5)

Balance at March 27, 2022

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$

5.4

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$

0.2

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$

—

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$

0.5

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$

6.1

Net pre-tax restructuring charges

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0.6

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0.1

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0.4

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0.2

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1.3

Utilization and foreign currency impact

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(2.0)

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(0.2)

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(0.4)

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(0.5)

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(3.1)

Balance at June 26, 2022

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$

4.0

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$

0.1

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$

—

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$

0.2

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$

4.3

Net pre-tax restructuring charges

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0.3

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—

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—

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0.1

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0.4

Utilization and foreign currency impact

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(3.2)

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(0.1)

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—

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—

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(3.3)

Balance at September 25, 2022

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$

1.1

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$

—

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$

—

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$

0.3

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$

1.4