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Restructuring and Other Items, net (Tables)
6 Months Ended
Jun. 30, 2024
Restructuring and Other Items, net [Abstract]  
Restructuring Charges by Segment

The following table outlines the amount of restructuring charges recorded within the Consolidated Statements of Income and the segment they relate to:

 
Three Months Ended
   
Six Months Ended
 
(in millions of dollar)
 
Jun. 30,
2024
   
Jul. 2,
2023
   
Jun. 30,
2024
   
Jul. 2,
2023
 
                         
Consumer & Specialties
 
$
   
$
0.6
   
$
   
$
0.6
 
Engineered Solutions
   
     
3.2
     
     
3.2
 
Corporate
   
     
2.8
     
     
2.8
 
Total restructuring and other items, net
 
$
   
$
6.6
   
$
   
$
6.6
 
Reconciliation of Restructuring Liability

The following table is a reconciliation of our restructuring liability balance as of June 30, 2024:

(in millions of dollars)
     
Restructuring liability, December 31, 2023
 
$
3.8
 
Cash payments
   
(1.0
)
Restructuring liability, June 30, 2024
 
$
2.8