v3.22.2.2
Subsequent Events
9 Months Ended
Oct. 01, 2022
Subsequent Events [Abstract]  
Subsequent Events SUBSEQUENT EVENTS
Nestlé’s Gateway Infant Formula Plant and Good Start® infant formula brand Acquisition

On November 1, 2022, we purchased Nestlé’s Gateway infant formula plant in Eau Claire, Wisconsin, along with the U.S. and Canadian rights to the Good Start® infant formula brand, for $110.0 million in cash. The acquisition will be accounted for as a business combination and operating results attributable to the products will be included in our CSCA segment. This purchase is the first major initiative in our recently announced Supply Chain Reinvention program and is expected to strengthen and expand our U.S. infant formula manufacturing capabilities.