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v3.22.2.2

Restructuring and Other Charges, Net (Tables) | 9 Months Ended
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Sep. 25, 2022
Restructuring and Other Charges, Net |
Summary of the pre-tax cost by restructuring programs | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Third Quarter Ended | ​ | Nine Months Ended | ​
​ |  | September 25, |  | September 26, |  | September 25, |  | September 26, | ​
​ |  | 2022 |  | 2021 |  | 2022 |  | 2021 |
​ | ​ | (in millions) | ​
Restructuring costs: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
2021 France Actions | ​ | $ | 0.4 | ​ | $ | 0.9 | ​ | $ | 2.7 | ​ | $ | 18.9 | ​
Other Actions | ​ |  | 1.3 | ​ |  | — | ​ |  | 1.7 | ​ |  | (0.7) | ​
Total restructuring charges | ​ | $ | 1.7 | ​ | $ | 0.9 | ​ | $ | 4.4 | ​ | $ | 18.2 | ​
Summary of recorded pre-tax restructuring costs by business segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Third Quarter Ended | ​ | Nine Months Ended | ​
​ | ​ | September 25, | ​ | September 26, | ​ | September 25, | ​ | September 26, | ​
​ |  | 2022 | ​ | 2021 | ​ | 2022 | ​ | 2021 |
​ | ​ | (in millions) | ​
Americas | ​ | $ | 0.4 | ​ | $ | — | ​ | $ | 0.8 | ​ | $ | (0.7) | ​
Europe | ​ |  | 1.3 | ​ |  | 0.9 | ​ |  | 3.7 | ​ |  | 18.8 | ​
APMEA | ​ |  | — | ​ |  | — | ​ |  | (0.1) | ​ |  | 0.1 | ​
Total | ​ | $ | 1.7 | ​ | $ | 0.9 | ​ | $ | 4.4 | ​ | $ | 18.2 | ​
Summary of total expected, incurred and remaining pre-tax restructuring costs | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
| ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Facility | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Legal and | ​ | Asset | ​ | exit | ​ | ​ | ​
​ |  | Severance |  | consultancy |  | write-downs |  | and other |  | Total
​ | ​ | (in millions)
Costs incurred — 2021 |  | $ | 16.9 |  | $ | 0.9 |  | $ | 0.9 |  | $ | 1.0 |  | $ | 19.7
Costs incurred—first quarter 2022 | ​ | ​ | 0.2 | ​ | ​ | 0.1 | ​ | ​ | 0.4 | ​ | ​ | 0.3 | ​ | ​ | 1.0
Costs incurred—second quarter 2022 | ​ | ​ | 0.6 | ​ | ​ | 0.1 | ​ | ​ | 0.4 | ​ | ​ | 0.2 | ​ | ​ | 1.3
Costs incurred—third quarter 2022 | ​ | ​ | 0.3 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 0.1 | ​ | ​ | 0.4
Remaining costs to be incurred | ​ | ​ | 1.7 | ​ | ​ | 0.1 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1.8
Total expected restructuring costs |  | $ | 19.7 | ​ | $ | 1.2 | ​ | $ | 1.7 | ​ | $ | 1.6 |  | $ | 24.2
Summary of restructuring reserve activity | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Facility | ​ | ​
​ | ​ | ​ | ​ | ​ | Legal and | ​ | Asset | ​ | exit | ​ | ​ | ​
​ |  | Severance |  | consultancy |  | write-downs |  | and other |  | Total
​ | ​ | (in millions)
Balance at December 31, 2021 | ​ | $ | 9.9 | ​ | $ | 0.2 | ​ | $ | — | ​ | $ | 0.5 | ​ | $ | 10.6
Net pre-tax restructuring charges | ​ | ​ | 0.2 | ​ | ​ | 0.1 | ​ | ​ | 0.4 | ​ | ​ | 0.3 | ​ | ​ | 1.0
Utilization and foreign currency impact | ​ | ​ | (4.7) | ​ | ​ | (0.1) | ​ | ​ | (0.4) | ​ | ​ | (0.3) | ​ | ​ | (5.5)
Balance at March 27, 2022 | ​ | $ | 5.4 | ​ | $ | 0.2 | ​ | $ | — | ​ | $ | 0.5 | ​ | $ | 6.1
Net pre-tax restructuring charges | ​ | ​ | 0.6 | ​ | ​ | 0.1 | ​ | ​ | 0.4 | ​ | ​ | 0.2 | ​ | ​ | 1.3
Utilization and foreign currency impact | ​ | ​ | (2.0) | ​ | ​ | (0.2) | ​ | ​ | (0.4) | ​ | ​ | (0.5) | ​ | ​ | (3.1)
Balance at June 26, 2022 | ​ | $ | 4.0 | ​ | $ | 0.1 | ​ | $ | — | ​ | $ | 0.2 | ​ | $ | 4.3
Net pre-tax restructuring charges | ​ | ​ | 0.3 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 0.1 | ​ | ​ | 0.4
Utilization and foreign currency impact | ​ | ​ | (3.2) | ​ | ​ | (0.1) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (3.3)
Balance at September 25, 2022 | ​ | $ | 1.1 | ​ | $ | — | ​ | $ | — | ​ | $ | 0.3 | ​ | $ | 1.4

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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -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 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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- Definition Tabular disclosure of the amount and type of net pre-tax restructuring costs incurred during the reporting period for each program. + References No definition available. + Details
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