Restructuring and Other Items, net

3 Months Ended

Apr. 04, 2021

Restructuring and Other Items, net [Abstract]

Restructuring and Other Items, net

Note 4.  Restructuring and Other Items, net

At April 4, 2021, the Company had $3.0 million included within accrued liabilities in the Condensed Consolidated Balance Sheet for cash expenditures needed to satisfy remaining obligations under workforce reduction initiatives. The Company expects to pay these amounts by the end of 2021.

The following table is a reconciliation of our restructuring liability balance as of April 4, 2021:

(millions of dollars)
Restructuring liability, December 31, 2020	$	3.6
Additional provision		—
Cash payments		(0.6	)
Restructuring liability, April 4, 2021	$	3.0