Restructuring and impairment activity in the current year primarily relate to the Corporation's network optimization initiatives and structural cost actions, which consists primarily of severance and associated expenses, taken across the business. In Workplace Furnishings these costs are mainly the result of facility closure and consolidation costs related to the Wayland, New York facility, along with the termination of Steelcase’s multi-year ERP implementation project. The facility closure and consolidation costs are comprised of cash and non-cash set-up and move costs recorded to cost of sales, including accelerated depreciation and asset relocation and disposal costs. In Residential Building Products these costs are related to the held for sale status of a small residential building products business. Assets held for sale are included in "Prepaid expenses and other current assets" in the Condensed Consolidated Balance Sheets.

Prior-year restructuring activity relates to the loss on divestiture of HNI India, described in "Note 3. Acquisitions and Divestitures," and continued manufacturing optimization initiatives in Workplace Furnishings, including production relocation at the Mexico plant and certain domestic plants. These projects are comprised of cash and non-cash set-up and moving costs recorded to cost of sales, including accelerated depreciation and asset relocation and disposal costs.


		Three Months Ended				Six Months Ended
	Classification	July 4, 2026		June 28, 2025		July 4, 2026		June 28, 2025
Workplace Furnishings

Facility closure and consolidation costs	Cost of sales	$	5.5	$	0.1	$	8.0	$	1.6

Divestiture of HNI India	Restructuring, impairment, and loss on divestiture	—		(0.1)		—		5.8
Structural cost actions	Restructuring, impairment, and loss on divestiture	11.1		2.1		19.5		2.6
Long-lived asset impairments	Restructuring, impairment, and loss on divestiture	—		—		9.5		—

Residential Building Products
Facility closure and consolidation costs	Cost of sales	0.5		—		0.5		—

Structural cost actions	Restructuring, impairment, and loss on divestiture	0.9		—		0.9		—
Long-lived asset impairments	Restructuring, impairment, and loss on divestiture	5.6		—		5.6		—

General Corporate
Structural cost actions	Restructuring, impairment, and loss on divestiture	0.3		—		0.3		—
Divestiture of HNI India	Restructuring, impairment, and loss on divestiture	—		0.6		—		0.6
Total		$	23.8	$	2.6	$	44.3	$	10.5

As of July 4, 2026 and January 3, 2026, accrued restructuring expenses of $14.0 million and $13.1 million, respectively, were included in "Accounts payable and accrued expenses" in the Condensed Consolidated Balance Sheets. Cash payments related to these charges in the current year-to-date period were $24.4 million. In the prior year-to-date period, cash payments were not material.