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EXIT AND DISPOSAL ACTIVITIES
6 Months Ended
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 EndedSix Month Periods Ended
(in millions)March 29, 2026March 30, 2025March 29, 2026March 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 EndedSix Month Periods Ended
(in millions)March 29, 2026March 30, 2025March 29, 2026March 30, 2025
GPC$0.5 $0.3 $1.5 $0.3 
H&G0.5 — 0.5 — 
HPC2.2 2.1 2.2 2.6 
Corporate and shared operations0.6 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, 20253.4 0.1 3.5 
Six month period ended March 29, 20264.8 0.1 4.9 
Six month period ended March 30, 20253.9 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 
Provisions4.2 — 4.2 
Cash expenditures(2.8)— (2.8)
Foreign currency and other(0.1)— (0.1)
March 29, 2026$3.4 $— $3.4