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Restructuring and Other Charges, Net (Tables)

6 Months Ended

Jul. 03, 2016

Restructuring

Summary of the pre-tax cost by restructuring program

		Second Quarter Ended						Six Months Ended
		July 3, 2016			June 28, 2015			July 3, 2016			June 28, 2015
		(in millions)
Restructuring costs:
2015 Actions		$	0.8		$	4.0		$	1.8		$	5.3
2013 Actions		—			—			—			0.5
Other Actions		2.4			0.7			2.8			0.9
Total restructuring and other charges, net		$	3.2		$	4.7		$	4.6		$	6.7

Summary of recorded pre-tax restructuring and other charges, net by business segment

		Second Quarter Ended						Six Months Ended
		July 3, 2016			June 28, 2015			July 3, 2016			June 28, 2015
		(in millions)
Americas		$	0.8		$	0.7		$	1.6		$	2.0
EMEA		2.5			0.7			2.9			1.5
Asia-Pacific		—			3.3			0.2			3.3
Corporate		(0.1		)	—			(0.1		)	(0.1		)
Total		$	3.2		$	4.7		$	4.6		$	6.7

Americas and Asia Pacific

Restructuring

Summary of total expected, incurred and remaining pre-tax restructuring costs

		Severance			Legal and consultancy			Asset write-downs			Facility exit and other			Total
		(in millions)
Costs incurred—2015		$	8.5		$	0.7		$	1.6		$	2.8		$	13.6
Costs incurred—first quarter 2016		0.2			0.2			0.2			0.4			1.0
Costs incurred—second quarter 2016		0.2			—			0.8			(0.2		)	0.8
Remaining costs to be incurred		0.1			0.3			0.1			4.5			5.0
Total expected restructuring costs		$	9.0		$	1.2		$	2.7		$	7.5		$	20.4

2015 Actions | Americas and Asia Pacific

Restructuring

Summary of restructuring reserve activity

The following table summarizes total incurred, incurred to date and expected pre-tax restructuring costs by business segment for the Company’s Americas and Asia-Pacific 2015 transformation program:

		Second Quarter Ended			Six Months Ended
		July 3, 2016			July 3, 2016			Incurred to Date			Remaining costs			Total Expected Costs
					(in millions)
Asia-Pacific		$	—		$	0.2		$	4.4		$	—		$	4.4
Americas		0.8			1.6			11.0			5.0			16.0
Total restructuring costs		$	0.8		$	1.8		$	15.4		$	5.0		$	20.4

Details of the restructuring reserve activity for the Company’s Americas and Asia-Pacific 2015 transformation program for the period ended July 3, 2016 are as follows:

		Severance			Legal and Consultancy			Asset write-downs			Facility exit and other			Total
		(in millions)
Balance at December 31, 2015		$	5.0		$	0.4		$	—		$	1.0		$	6.4
Net pre-tax restructuring charges		0.2			0.2			0.2			0.4			1.0
Utilization and foreign currency impact		(1.1		)	(0.6		)	(0.2		)	(0.4		)	(2.3		)
Balance at April 3, 2016		$	4.1		$	—		—			$	1.0		$	5.1
Net pre-tax restructuring charges		0.2			—			0.8			(0.2		)	0.8
Utilization and foreign currency impact		—			—			(0.8		)	(0.7		)	(1.5		)
Balance at July 3, 2016		$	4.3		$	—		$	—		$	0.1		$	4.4

2015 Actions | EMEA

Restructuring

Summary of total expected, incurred and remaining pre-tax restructuring costs

		Severance		Legal and consultancy		Facility exit and other		Total
		(in millions)
Costs incurred—2015		6.6		—		0.3		6.9
Costs incurred—first quarter 2016		0.1		—		—		0.1
Costs incurred—second quarter 2016		1.3		0.2		—		1.5
Remaining costs to be incurred		0.5		1.0		—		1.5
Total expected restructuring costs		8.5		1.2		0.3		10.0

Summary of restructuring reserve activity

		Severance			Legal and consultancy			Facility exit and other			Total
Balance at December 31, 2015		$	6.4		$	—		$	—		$	6.4
Net pre-tax restructuring charges		0.1			—			—			0.1
Utilization and foreign currency impact		(0.2		)	—			—			(0.2		)
Balance at April 3, 2016		$	6.3		—			—			6.3
Net pre-tax restructuring charges		$	1.3		0.2			—			1.5
Utilization and foreign currency impact		(0.8		)	(0.2		)	—			(1.0		)
Balance at July 3, 2016		$	6.8		$	—		$	—		$	6.8

2014 Actions | EMEA

Restructuring

Summary of total expected, incurred and remaining pre-tax restructuring costs

		Severance			Legal and consultancy			Asset write-downs			Facility exit and other			Total
		(in millions)
Costs incurred—2014		$	6.9		$	—		$	—		$	—		$	6.9
Costs incurred—2015		(1.0		)	0.2			0.3			—			(0.5		)
Costs incurred—first quarter 2016		0.2			—			0.1			—			0.3
Costs incurred—second quarter 2016		—			—			0.1			—			0.1
Remaining costs to be incurred		0.6			—			0.5			0.1			1.2
Total expected restructuring costs		6.7			0.2			1.0			0.1			8.0

Summary of restructuring reserve activity

		Severance			Legal and consultancy			Asset write-downs			Total
		(in millions)
Balance at December 31, 2015		$	2.6		$	—		$	—		$	2.6
Net pre-tax restructuring charges		0.2						0.1			0.3
Utilization and foreign currency impact		(0.9		)				(0.1		)	(1.0		)
Balance at April 3, 2016		$	1.9		$	—		$	—		$	1.9
Net pre-tax restructuring charges		—			—			0.1			0.1
Utilization and foreign currency impact		(0.7		)	—			(0.1		)	(0.8		)
Balance at July 3, 2016		$	1.2		$	—		$	—		$	1.2

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