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Restructuring, Asset Impairments and Other, Net | 9 Months Ended
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Oct. 01, 2021
Restructuring Charges [Abstract] |
Restructuring, Asset Impairments and Other, Net | Note 5: Restructuring, Asset Impairments and Other, Net Details of restructuring, asset impairments and other charges, net are as follows (in millions):
|  | Restructuring |  | Asset Impairments |  | Other |  | Total |  |  |  |  |
Quarter ended October 1, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |
2021 Involuntary Separation Program |  | $ | 1.0 |  |  | $ | — |  |  | $ | — |  |  | $ | 1.0 |  |  |  |  |  |
Other |  | — |  |  | — |  |  | (2.7) |  |  | (2.7) |  |  |  |  |  |
Total |  | $ | 1.0 |  |  | $ | — |  |  | $ | (2.7) |  |  | $ | (1.7) |  |  |  |  |  |
|  | Restructuring |  | Asset Impairments |  | Other |  | Total |  |  |  |  |
Nine months ended October 1, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |
2021 Involuntary Separation Program |  | $ | 55.1 |  |  | $ | — |  |  | $ | — |  |  | $ | 55.1 |  |  |  |  |  |
Other |  | — |  |  | 3.3 |  |  | (0.1) |  |  | 3.2 |  |  |  |  |  |
Total |  | $ | 55.1 |  |  | $ | 3.3 |  |  | $ | (0.1) |  |  | $ | 58.3 |  |  |  |  |  |
A summary of changes in accrued restructuring balance is as follows (in millions):
|  | As of |  |  |  |  |  |  |  | As of
|  | December 31, 2020 |  | Charges |  | Usage |  |  |  | October 1, 2021
Employee separation charges |  | $ | 6.2 |  |  | $ | 55.1 |  |  | $ | (46.1) |  |  |  |  | $ | 15.2 |
Total |  | $ | 6.2 |  |  | $ | 55.1 |  |  | $ | (46.1) |  |  |  |  | $ | 15.2 |
2021 Involuntary Separation Program On March 4, 2021, as part of its ongoing efforts to realign its investments to focus on growth drivers and key markets and to streamline its operations, the Company announced its plans to implement certain employee terminations during 2021 (the "ISP"). Under the ISP, the Company notified approximately 725 employees of their employment termination, and incurred severance costs and other benefit costs amounting to $55.1 million during the nine months ended October 1, 2021. The severance and other benefit costs incurred during the quarter ended October 1, 2021 related to certain insignificant adjustments to the severance costs previously recorded. Approximately $14.8 million of the incurred charges remained accrued as of October 1, 2021, which the Company expects to pay during the fourth quarter of 2021 and the first quarter of 2022. The Company continues to evaluate employee positions and locations for potential efficiencies and may incur additional severance and related charges in the future.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
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