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Restructuring and Other Items (Tables)
 6 Months Ended
Jun. 29, 2025
Restructuring and Other Items [Abstract]  
Restructuring Charges by Segment

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

 
Three Months Ended
    
Six Months Ended
  
(in millions of dollars)
  
Jun. 29,
2025
    
Jun. 30,
2024
    
Jun. 29,
2025
    
Jun. 30,
2024
  
Write-down of assets
                        
Consumer & Specialties
  
$
1.7
    
$
—
    
$
1.7
    
$
—
  
Engineered Solutions
    
1.7
      
—
      
1.7
      
—
  
   Total charge for asset write-downs
  
$
3.4
    
$
—
    
$
3.4
    
$
—
  
                                 
Severance and other related costs
                                
Consumer & Specialties
  
$
1.6
    
$
—
    
$
4.1
    
$
—
  
Engineered Solutions
    
0.8
      
—
      
1.6
      
—
  
Corporate
    
—
      
—
      
2.2
      
—
  
     Total severance and other related costs
  
$
2.4
    
$
—
    
$
7.9
    
$
—
  
                                 
         Total restructuring and other items
  
$
5.8
    
$
—
    
$
11.3
    
$
—
  
Reconciliation of Restructuring Liability

The following table is a reconciliation of our restructuring liability balance relating to workforce reductions as of June 29, 2025:

(in millions of dollars)
      
Restructuring liability, December 31, 2024
  
$
2.4
  
Additional provisions
    
5.5
  
Cash payments
    
(1.2
)
Restructuring liability, June 29, 2025
  
$
6.7