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Discontinued Operations (Tables) | 12 Months Ended
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Dec. 28, 2024
Discontinued Operations and Disposal Groups [Abstract] |
Summary of Results of the Discontinued Operations | The following table summarizes the results of the discontinued operations for the year ended December 31, 2022.
(In millions) | 2022 |
NET SALES | $ | 3,199.7 |
Cost of products sold |  | 2,279.3 |
Selling, general and administrative expense |  | 619.7 |
Amortization of intangible asset |  | 16.8 |
Asset impairment charges |  | 46.4 |
Restructuring charges |  | 25.1 |
DISCONTINUED OPERATING INCOME |  | 212.4 |
Interest expense |  | 0.2 |
Other expense, net |  | 2.2 |
INCOME FROM DISCONTINUED OPERATIONS BEFORE INCOME TAXES |  | 210.0 |
Income taxes |  | 63.2 |
INCOME FROM DISCONTINUED OPERATIONS, NET OF TAX | $ | 146.8 |
Summary of Cash Flow Information Related to Discontinued Operations | The following table summarizes the cash flows of MasterBrand, which are reflected in the consolidated statements of cash flows:
(In millions) |  | 2022 |
Net cash provided by operating activities |  | $ | 213.0 |
Net cash used in investing activities |  |  | (55.8 | )
Net cash used in financing activities |  |  | — |
Effect of foreign exchange rate changes on cash |  |  | (0.2 | )
Net increase in cash and cash equivalents |  | $ | 157.0 |

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