v3.25.2
EXIT AND DISPOSAL ACTIVITIES (Tables)
9 Months Ended
Jun. 29, 2025
Restructuring and Related Activities [Abstract]  
Summary of Restructuring and Related Charges
The following summarizes restructuring charges for the three and nine month periods ended June 29, 2025 and June 30, 2024:
Three Month Periods EndedNine Month Periods Ended
(in millions)June 29, 2025June 30, 2024June 29, 2025June 30, 2024
Exit and disposal costs$4.2 $0.1 $8.2 $1.0 
Reported as:
Selling, general & administrative expense4.2 0.1 8.2 1.0 
Summary of Exit and Disposal Charges
The following is a summary of restructuring charges by segment for the three and nine month periods ended June 29, 2025 and June 30, 2024.
Three Month Periods EndedNine Month Periods Ended
(in millions)June 29, 2025June 30, 2024June 29, 2025June 30, 2024
GPC$0.5 $— $0.8 $— 
HPC2.7 — 5.3 0.7 
Corporate and shared operations1.0 0.1 2.1 0.3 
Total exit and disposal activities$4.2 $0.1 $8.2 $1.0 
Summary of Costs Incurred and Cumulative Costs by Cost Type
The following is a summary of restructuring charges by cost type for the three and nine month periods ended June 29, 2025 and June 30, 2024.
(in millions)
Termination
Benefits
Other
Costs
Total
Three month period ended June 29, 2025$3.6 $0.6 $4.2 
Three month period ended June 30, 20240.1 — 0.1 
Nine month period ended June 29, 20257.5 0.7 8.2 
Nine month period ended June 30, 20240.5 0.5 1.0 
Summary of Rollforward of Restructuring Accrual
The following is a roll forward of the accrual for restructuring charges by cost type for the nine month period ended June 29, 2025.
(in millions)Termination
Benefits
Other
Costs
Total
September 30, 2024$1.2 $0.1 $1.3 
Provisions6.6 — 6.6 
Cash expenditures(3.9)(0.1)(4.0)
Foreign currency and other0.1 — 0.1 
June 29, 2025$4.0 $— $4.0