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COST REDUCTION ACTIONS
 12 Months Ended
Dec. 31, 2025
Restructuring and Related Activities [Abstract]  
COST REDUCTION ACTIONS COST REDUCTION ACTIONS
Restructuring Charges
We have plans that provide eligible employees with severance benefits in the event of an involuntary termination. We calculate severance using the benefit formulas under the applicable plans. We record restructuring charges from qualifying cost reduction actions for severance and other exit costs (including asset impairment charges and lease and other contract cancellation costs) when they are probable and estimable.
2025 Actions
During 2025, we recorded $48.8 million in restructuring charges, net of reversals, related to our 2025 actions. These charges consisted of severance and related costs for the reduction of approximately 1,200 positions, as well as asset impairment charges, at numerous locations across our company, as a result of actions taken to optimize our operational footprint.
In the fourth quarter of 2024, we recorded $13.1 million in restructuring charges related to our 2025 actions. These charges consisted of severance and related costs for the reduction of approximately 90 positions, as well as asset impairment charges, reflecting actions at numerous locations in our Solutions Group reportable segment.
2023 Actions
During 2024, we recorded $28.8 million in restructuring charges, net of reversals, related to these actions. These charges consisted of severance and related costs for the reduction of approximately 1,280 positions, as well as asset impairment charges, at numerous locations across our company.
During 2025, we recorded $1.6 million of reversals related to our 2023 Actions that were completed in the fourth quarter of 2025.
Accruals for severance and related costs and lease cancellation costs were included in “Other current liabilities” and "Long-term retirement benefits and other liabilities" in the Consolidated Balance Sheets. Asset impairment charges were based on the estimated market value of the assets, less selling costs, if applicable. Restructuring charges were included in “Other expense (income), net” in the Consolidated Statements of Income.
During 2025, restructuring charges and payments were as follows:
(In millions)Accrual at
December 28,
2024		Charges,
Net of
Reversals		Cash
Payments 		Non-cash
Impairment 		Foreign
Currency
Translation 		Accrual at
December 31,
2025
2025 Actions
Severance and related costs$10.0 $45.7 $(41.5)$— $.2 $14.4 
Asset impairment charges— 3.1 — (3.1)— — 
Total$10.0 $48.8 $(41.5)$(3.1)$.2 $14.4 
During 2024, restructuring charges and payments were as follows:
(In millions)Accrual at
December 30,
2023		Charges,
Net of
Reversals 		Cash
Payments 		Non-cash
Impairment 		Foreign
Currency
Translation		Accrual at
December 28,
2024
2025 Actions
Severance and related costs$— $10.0 $— $— $— $10.0 
Asset impairment charges— 3.1 — (3.1)— — 
2023 Actions
Severance and related costs27.7 25.4 (43.3)— (.6)9.2 
Asset impairment charges— 3.0 — (3.0)— — 
Lease cancellation costs— .4 (.6)— — (.2)
Total$27.7 $41.9 $(43.9)$(6.1)$(.6)$19.0 
The table below shows the total amount of restructuring charges incurred by reportable segment and Corporate.
(In millions)202520242023
Restructuring charges by reportable segment and Corporate
Materials Group$22.9 $5.7 $52.4 
Solutions Group23.4 35.8 23.2 
Corporate.9 .4 3.8 
Total$47.2 $41.9 $79.4