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EXIT AND DISPOSAL ACTIVITIES | 6 Months Ended
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Mar. 29, 2026
Restructuring and Related Activities [Abstract] |
EXIT AND DISPOSAL ACTIVITIES | EXIT AND DISPOSAL ACTIVITIES During the six month period ended March 29, 2026, the Company entered into initiatives at its operating segments for changes in commercial strategies and operations, plus rightsizing of shared operations, resulting in headcount reductions and related termination charges. Total cumulative exit and disposal costs associated with these initiatives were $4.9 million, with no additional significant costs expected to be realized from current initiatives. The following summarizes restructuring charges for the three and six month periods ended March 29, 2026 and March 30, 2025, included in selling, general & administrative expense on the Condensed Consolidated Statements of Income.
|  | Three Month Periods Ended |  | Six Month Periods Ended
(in millions) |  | March 29, 2026 |  | March 30, 2025 |  | March 29, 2026 |  | March 30, 2025
Exit and disposal costs |  | $ | 3.8 |  |  | $ | 3.5 |  |  | $ | 4.9 |  |  | $ | 4.0 |
The following is a summary of restructuring charges by segment for the three and six month periods ended March 29, 2026 and March 30, 2025.
|  | Three Month Periods Ended |  | Six Month Periods Ended
(in millions) |  | March 29, 2026 |  | March 30, 2025 |  | March 29, 2026 |  | March 30, 2025
GPC |  | $ | 0.5 |  |  | $ | 0.3 |  |  | $ | 1.5 |  |  | $ | 0.3 |
H&G |  | 0.5 |  |  | — |  |  | 0.5 |  |  | — |
HPC |  | 2.2 |  |  | 2.1 |  |  | 2.2 |  |  | 2.6 |
Corporate and shared operations |  | 0.6 |  |  | 1.1 |  |  | 0.7 |  |  | 1.1 |
Total exit and disposal activities |  | $ | 3.8 |  |  | $ | 3.5 |  |  | $ | 4.9 |  |  | $ | 4.0 |
The following is a summary of restructuring charges by cost type for the three and six month periods ended March 29, 2026 and March 30, 2025.
(in millions) |  | Termination Benefits |  | Other Costs |  | Total
Three month period ended March 29, 2026 |  | $ | 3.7 |  |  | $ | 0.1 |  |  | $ | 3.8 |
Three month period ended March 30, 2025 |  | 3.4 |  |  | 0.1 |  |  | 3.5 |
Six month period ended March 29, 2026 |  | 4.8 |  |  | 0.1 |  |  | 4.9 |
Six month period ended March 30, 2025 |  | 3.9 |  |  | 0.1 |  |  | 4.0 |
The following is a roll forward of the accrual for restructuring charges by cost type for the six month period ended March 29, 2026.
(in millions) |  | Termination Benefits |  | Other Costs |  | Total
September 30, 2025 |  | $ | 2.1 |  |  | $ | — |  |  | $ | 2.1 |
Provisions |  | 4.2 |  |  | — |  |  | 4.2 |
Cash expenditures |  | (2.8) |  |  | — |  |  | (2.8) |
Foreign currency and other |  | (0.1) |  |  | — |  |  | (0.1) |
March 29, 2026 |  | $ | 3.4 |  |  | $ | — |  |  | $ | 3.4 |

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/420/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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