v3.26.1
Restructuring, Integration and Other Charges (Tables)
 6 Months Ended
Jun. 28, 2026
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
The following table summarizes Restructuring, integration and other charges:
Three Months EndedSix Months Ended
(In millions)June 28, 2026June 29, 2025June 28, 2026June 29, 2025
Restructuring charges:
Employee terminations$0.6 $6.3 $1.2 $6.3 
Asset impairments/write off0.4 0.3 1.1 0.3 
Provision for restructuring(1)(2)
1.0 6.6 2.3 6.6 
SAVANNA Exit charges:
Employee terminations0.1 1.0 0.3 1.0 
Asset impairments/write off(0.2)148.6 (0.8)148.6 
Other(1.6)— (1.2)— 
SAVANNA Exit charges(2)
(1.7)149.6 (1.7)149.6 
Implementation costs(2)(3)
4.6 0.1 7.7 0.1 
Accelerated depreciation2.1 1.0 4.1 1.0 
Integration expenses(2)
2.6 22.6 2.6 38.7 
Total charges$8.6 $179.9 $15.0 $196.0 
Cost of sales, excluding amortization of intangibles$2.1 $1.0 $4.1 $1.0 
Restructuring, integration and other charges6.5 178.9 10.9 195.0 
Total charges$8.6 $179.9 $15.0 $196.0 
(1) Primarily represents charges incurred in connection with the Raritan, NJ site exit. The manufacturing activities conducted in the Raritan, NJ facility will be transferred to other facilities.
(2) Included in the Restructuring, integration and other charges in the Consolidated Statements of Loss.
(3) Represents incremental costs directly related to implementing cost-reduction, strategic productivity and margin improvement initiatives.
Schedule of Restructuring Reserve by Type of Cost
The components of, and charges in, the restructuring accruals were as follows:
(In millions)Employee TerminationsAsset impairments/write offAccrual
Balance at December 28, 2025$7.6 $— $7.6 
Provision for restructuring1.2 1.1 2.3 
Utilization and other(1.1)(1.1)(2.2)
Balance at June 28, 2026 (1)
$7.7 $— $7.7 
(1) Included in Other current liabilities ($0.1 million) and Other liabilities ($7.6 million)