
(Millions of Dollars)	January 3, 2026		Net Additions		Usage		Currency		July 4, 2026
Severance and related costs	$	45.7	$	47.0	$	(49.3)	$	0.3	$	43.7
Facility closures and other	2.1		13.0		(13.7)		(0.1)		1.3
Total	$	47.8	$	60.0	$	(63.0)	$	0.2	$	45.0

For the three and six months ended July 4, 2026, the Company recognized net restructuring charges of $15.1 million and $60.0 million related to severance costs primarily associated with reorganizations of the Company’s supply chain resources and plant closures, as well as facility exit costs. The majority of the $45.0 million of reserves remaining as of July 4, 2026 is expected to be utilized within the next twelve months.

Segments: The $60.0 million of net restructuring charges for the six months ended July 4, 2026 includes: $50.0 million in the Tools & Outdoor segment; $6.5 million in the Engineered Fastening segment; and $3.5 million in Corporate.

The $15.1 million of net restructuring charges for the three months ended July 4, 2026 includes: $14.4 million of charges in the Tools & Outdoor segment; $1.0 million of net reversals in the Engineered Fastening segment; and $1.7 million of charges in Corporate.

Other, net amounted to $52.9 million and $67.7 million for the three months ended July 4, 2026 and June 28, 2025, respectively, which included intangible asset amortization expense of $27.6 million and $37.4 million, respectively. Other, net amounted to $94.8 million and $115.2 million for the six months ended July 4, 2026 and June 28, 2025, respectively, which included intangible asset amortization expense of $56.2 million and $74.7 million, respectively. Other, net is also comprised of several other items, none of which were individually significant during the three and six months ended July 4, 2026 and June 28, 2025, primarily related to currency-related gains or losses, environmental remediation expenses, deal costs and related consulting costs, certain pension gains or losses, gains or losses on sales of assets, and income related to providing transition services to previously divested businesses.