XML 51 R38.htm IDEA: XBRL DOCUMENT v3.22.4
COST REDUCTION ACTIONS (Tables)
12 Months Ended
Dec. 31, 2022
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Charges and Payments
During 2022, restructuring charges and payments were as follows:
(In millions)Accrual at
January 1,
2022
Charges,
Net of
Reversals
Cash
Payments
Non-cash
Impairment
Foreign
Currency
Translation
Accrual at
December 31,
2022
2019/2020 Actions
Severance and related costs$11.5 $7.2 $(13.4)$— $(.2)$5.1 
Asset impairment charges— .1 — (.1)— — 
Total$11.5 $7.3 $(13.4)$(.1)$(.2)$5.1 
During 2021, restructuring charges and payments were as follows:
(In millions)Accrual at
January 2,
2021
Charges,
Net of
Reversals
Cash
Payments
Non-cash
Impairment
Foreign
Currency
Translation
Accrual at
January 1,
2022
2019/2020 Actions
Severance and related costs$28.3 $10.3 $(26.2)$— $(.9)$11.5 
Asset impairment charges— 2.4 — (2.4)— — 
Lease cancellation costs— .6 (.6)— — — 
2018/2019 Actions
Lease cancellation costs.3 — (.3)— — — 
Total$28.6 $13.3 $(27.1)$(2.4)$(.9)$11.5 
Summary of Restructuring Charges Incurred by Reportable Segment and Corporate
The table below shows the total amount of restructuring charges incurred by reportable segment and Corporate.
(In millions)202220212020
Restructuring charges by reportable segment and Corporate
Materials Group$(1.0)$5.0 $36.3 
Solutions Group7.9 7.6 18.7 
Corporate.8 1.0 .3 
Total$7.7 $13.6 $55.3