v3.25.2
Restructuring and Other Charges, Net (Tables)
6 Months Ended
Jun. 29, 2025
Restructuring and Other Charges, Net  
Summary of the pre-tax cost by restructuring programs

Second Quarter Ended

Six Months Ended

   

June 29,

         

June 30,

         

June 29,

         

June 30,

    

2025

         

2024

         

2025

         

2024

    

(in millions)

Restructuring costs:

2025 France Actions

$

1.7

$

$

19.1

$

Other Actions

 

1.7

 

0.2

 

1.6

 

1.5

Total restructuring charges

$

3.4

$

0.2

$

20.7

$

1.5

Summary of recorded pre-tax restructuring costs by business segment

Second Quarter Ended

Six Months Ended

June 29,

June 30,

June 29,

June 30,

    

2025

2024

2025

2024

    

(in millions)

Americas

$

$

$

$

1.0

Europe

 

3.4

 

0.1

 

20.6

 

0.1

APMEA

 

 

0.1

 

0.1

 

0.4

Total

$

3.4

$

0.2

$

20.7

$

1.5

Summary of total incurred pre-tax restructuring costs

    

Facility

Legal and

Asset

exit

    

Severance

     

consultancy

     

write-downs

     

and other

     

Total

(in millions)

Costs incurred — first quarter 2025

 

$

16.1

 

$

1.1

 

$

0.2

 

$

 

$

17.4

Costs incurred — second quarter 2025

0.8

0.1

0.4

0.4

1.7

Remaining costs to be incurred

1.3

0.5

0.3

2.0

4.1

Total expected restructuring costs

 

$

18.2

$

1.7

$

0.9

$

2.4

 

$

23.2

Summary of restructuring reserve activity

Facility

Legal and

Asset

exit

    

Severance

    

consultancy

    

write-downs

    

and other

    

Total

(in millions)

Balance at December 31, 2024

$

$

$

$

$

Net pre-tax restructuring charges

16.1

1.1

0.2

17.4

Utilization and foreign currency impact

1.4

(0.3)

(0.2)

0.9

Balance at March 30, 2025

$

17.5

$

0.8

$

$

$

18.3

Net pre-tax restructuring charges

0.8

0.1

0.4

0.4

1.7

Utilization and foreign currency impact

(4.7)

(0.1)

(0.4)

(0.1)

(5.3)

Balance at June 29, 2025

$

13.6

$

0.8

$

$

0.3

$

14.7