v3.26.1
Restructuring and Other Items (Tables)
6 Months Ended
Jul. 05, 2026
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
 Jul. 5, Jun. 29, Jul. 5, Jun. 29,
(in millions of dollars)2026 2025 2026 2025
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 July 5, 2026:
 
(in millions of dollars) 
Restructuring liability, December 31, 2025$4.9 
Cash payments (1.1
Restructuring liability, July 5, 2026$3.8