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Restructuring, Acquisition and Integration-Related Costs (Tables) | 9 Months Ended
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Sep. 28, 2024
Restructuring and Related Activities [Abstract] |
Schedule of Restructuring, Acquisition Transaction and Integration-related Costs | Restructuring, acquisition transaction and integration-related costs consisted of the following during the three and nine months ended September 28, 2024 and September 30, 2023:
| Three Months Ended |  | Nine Months Ended
(In millions) | September 28, 2024 |  | September 30, 2023 |  | September 28, 2024 |  | September 30, 2023
Cost of sales: |  |  |  |  |  |  |
Restructuring costs | $ | 16.4 |  |  | 42.6 |  |  | 57.0 |  |  | 101.2 |
Acquisition integration-related costs | — |  |  | 0.1 |  |  | — |  |  | 1.0 |
Restructuring and acquisition integration-related costs | $ | 16.4 |  |  | 42.7 |  |  | 57.0 |  |  | 102.2 |
Selling, general and administrative expenses: |  |  |  |  |  |  |
Restructuring costs | $ | 3.0 |  |  | 1.1 |  |  | 10.4 |  |  | 6.9 |
Acquisition transaction-related costs | — |  |  | 0.7 |  |  | 0.2 |  |  | 2.0 |
Acquisition integration-related costs | 0.1 |  |  | 2.6 |  |  | 1.1 |  |  | 9.8 |
Restructuring, acquisition transaction and integration-related costs | $ | 3.1 |  |  | 4.4 |  |  | 11.7 |  |  | 18.7 |
Schedule of Restructuring Activity | The following table summarizes the restructuring activities for the three months ended September 28, 2024:
(In millions) | Lease impairments |  | Asset Write- Downs and (Gains) on Disposals, net |  | Severance |  | Other Restructuring Costs |  | Total |  |
Balance as of June 29, 2024 | $ | — |  |  | — |  |  | 16.3 |  |  |  |  | — |  |  | 16.3 |  |  |
Restructuring costs |  |  |  |  |  |  |  |  |  |  |  |  |
Global Ceramic | 0.8 |  |  | 3.3 |  |  | 1.0 |  |  |  |  | 2.2 |  |  | 7.3 |  |  |
Flooring NA | — |  |  | 2.9 |  |  | 0.5 |  |  |  |  | 4.7 |  |  | 8.1 |  |  |
Flooring ROW | — |  |  | 3.3 |  |  | 0.7 |  |  |  |  | 0.1 |  |  | 4.1 |  |  |
Corporate | — |  |  | — |  |  | (0.1) |  |  |  |  | — |  |  | (0.1) |  |  |
Total restructuring costs | 0.8 |  |  | 9.5 |  |  | 2.1 |  |  |  |  | 7.0 |  |  | 19.4 |  |  |
Cash payments | — |  |  | 0.5 |  |  | (6.3) |  |  |  |  | (6.5) |  |  | (12.3) |  |  |
Non-cash items | (0.8) |  |  | (10.0) |  |  | 0.5 |  |  |  |  | (0.5) |  |  | (10.8) |  |  |
Balances as of September 28, 2024 | $ | — |  |  | — |  |  | 12.6 |  |  |  |  | — |  |  | 12.6 |  |  |
Restructuring costs recorded in: |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of sales | $ | — |  |  | 9.2 |  |  | 1.1 |  |  |  |  | 6.1 |  |  | 16.4 |  |  |
Selling, general and administrative expenses | 0.8 |  |  | 0.3 |  |  | 1.0 |  |  |  |  | 0.9 |  |  | 3.0 |  |  |
Total restructuring costs | $ | 0.8 |  |  | 9.5 |  |  | 2.1 |  |  |  |  | 7.0 |  |  | 19.4 |  |  |
The following table summarizes the restructuring activities for the nine months ended September 28, 2024:
(In millions) | Lease impairments |  | Asset Write- Downs and (Gains) on Disposals, net |  | Severance |  |  |  | Other restructuring costs |  | Total |  |
Balances as of December 31, 2023 | $ | — |  |  | — |  |  | 12.1 |  |  |  |  | — |  |  | 12.1 |  |  |
Restructuring costs |  |  |  |  |  |  |  |  |  |  |  |  |
Global Ceramic | 0.8 |  |  | 12.5 |  |  | 6.5 |  |  |  |  | 2.2 |  |  | 22.0 |  |  |
Flooring NA | — |  |  | 4.6 |  |  | 0.6 |  |  |  |  | 7.5 |  |  | 12.7 |  |  |
Flooring ROW | — |  |  | 24.3 |  |  | 7.7 |  |  |  |  | 0.5 |  |  | 32.5 |  |  |
Corporate | — |  |  | — |  |  | 0.2 |  |  |  |  | — |  |  | 0.2 |  |  |
Total restructuring costs | 0.8 |  |  | 41.4 |  |  | 15.0 |  |  |  |  | 10.2 |  |  | 67.4 |  |  |
Cash payments | — |  |  | 0.5 |  |  | (14.6) |  |  |  |  | (9.6) |  |  | (23.7) |  |  |
Non-cash items | (0.8) |  |  | (41.9) |  |  | 0.1 |  |  |  |  | (0.6) |  |  | (43.2) |  |  |
Balances as of September 28, 2024 | $ | — |  |  | — |  |  | 12.6 |  |  |  |  | — |  |  | 12.6 |  |  |
Restructuring costs recorded in: |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of sales | $ | — |  |  | 41.1 |  |  | 7.8 |  |  |  |  | 8.1 |  |  | 57.0 |  |  |
Selling, general and administrative expenses | 0.8 |  |  | 0.3 |  |  | 7.2 |  |  |  |  | 2.1 |  |  | 10.4 |  |  |
Total restructuring costs | $ | 0.8 |  |  | 41.4 |  |  | 15.0 |  |  |  |  | 10.2 |  |  | 67.4 |  |  |

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