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Balance Sheet Information
12 Months Ended
Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance Sheet Information Balance Sheet Information
Supplemental information on our year-end consolidated balance sheets is as follows:
(U.S. Dollars presented in millions)
December 31, 2023December 25, 2022
Inventories:
Raw materials and supplies$175.1 $292.1 
Work in process25.1 23.6 
Finished products49.6 57.4 
Total inventories$249.8 $373.1 
Property, plant and equipment:
Land and improvements$31.8 $32.9 
Buildings and improvements to leaseholds 304.0 304.0 
Machinery and equipment551.9 518.8 
Construction in progress36.6 37.7 
Property, plant and equipment, gross924.3 893.4 
Less: accumulated depreciation 567.7 540.8 
Property, plant and equipment, net of accumulated depreciation$356.6 $352.6 
Accounts payable:
Third party$149.7 $175.1 
Fortune Brands (a)1.7 44.1 
Total accounts payable$151.4 $219.2 
Other current liabilities:
Accrued salaries, wages and other compensation$67.6 $49.0 
Accrued restructuring1.4 15.4 
Accrued income and other taxes
18.5 14.3 
Accrued product warranties12.9 11.2 
Other accrued expenses63.9 70.6 
Total other current liabilities$164.3 $160.5 
    
(a) The payable to Fortune Brands of $44.1 million as of December 25, 2022, included various items Fortune Brands paid on our behalf, for which we owed reimbursement, including income taxes incurred prior to the Separation of $32.6 million. The payable to Fortune Brands is $1.7 million at December 31, 2023.