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Supplementary balance sheet information (Tables) | 3 Months Ended
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Mar. 28, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Condensed Balance Sheet | Supplementary balance sheet information
|  |  | March 28, |  | December 31, |
| In millions |  | 2021 |  | 2020 |
| Accounts and other receivables |  |  |  |  |
| Trade receivables |  | $ | 48.8 |  |  | $ | 33.6 |  |
| Related parties |  | 0.2 |  |  | 0.2 |
| Prepayments and accrued income |  | 4.2 |  | 5.5 |
| Derivative financial instruments |  | 0.3 |  | 0.2 |
| Deferred consideration |  | 0.2 |  | 0.2 |
| Other receivables |  | 2.3 |  | 3.4 |
| Total accounts and other receivables |  | $ | 56.0 |  |  | $ | 43.1 |  |
| Inventories |  |  |  |  |
| Raw materials and supplies |  | $ | 30.6 |  |  | $ | 26.2 |  |
| Work-in-process |  | 24.0 |  |  | 19.7 |  |
| Finished goods |  | 21.0 |  |  | 22.9 |  |
| Total inventories |  | $ | 75.6 |  |  | $ | 68.8 |  |
| Other current assets |  |  |  |  |
| Income tax receivable |  | 1.1 |  |  | 1.5 |  |
| Total other current assets |  | $ | 1.1 |  |  | $ | 1.5 |  |
| Property, plant and equipment, net |  |  |  |  |
| Land, buildings and leasehold improvements |  | $ | 65.5 |  |  | $ | 65.2 |  |
| Machinery and equipment |  | 269.2 |  |  | 255.3 |  |
| Construction in progress |  | 5.1 |  |  | 7.8 |  |
| Total property, plant and equipment |  | 339.8 |  |  | 328.3 |  |
| Accumulated depreciation and impairment |  | (245.9) |  |  | (242.3) |  |
| Total property, plant and equipment, net |  | $ | 93.9 |  |  | $ | 86.0 |  |
| Other current liabilities |  |  |  |  |
| Contingent liabilities |  | $ | 11.5 |  |  | $ | 10.1 |  |
| Derivative financial instruments |  | 0.3 |  |  | 0.4 |  |
| Operating lease liability |  | 2.0 |  |  | 2.9 |  |
| Other current liabilities |  | 0.2 |  |  | 0.1 |  |
| Total other current liabilities |  | $ | 14.0 |  |  | $ | 13.5 |  |
| Other non-current liabilities |  |  |  |  |
| Contingent liabilities |  | $ | 1.0 |  |  | $ | 1.0 |  |
| Operating lease liability |  | 7.2 |  |  | 6.7 |  |
| Total other non-current liabilities |  | $ | 8.2 |  |  | $ | 7.7 |  |
Schedule of Current Held-for-Sale Assets and Liabilities | The respective assets and liabilities of the above disposal groups have been reclassified as held-for-sale per the table below.
| Held-for-sale assets | March 28, |  | December 31, |
| In millions | 2021 |  | 2020 |
| Property, plant and equipment | $ | 5.1 |  |  | $ | 11.6 |  |
| Right-of-use-assets from operating leases | 2.9 |  |  | 3.1 |  |
| Inventory | 6.3 |  |  | 12.6 |  |
| Accounts and other receivables | 6.4 |  |  | 8.7 |  |
| Held-for-sale assets | $ | 20.7 |  |  | $ | 36.0 |  |
| Held-for-sale liabilities |  |  |  |
| Accounts payable | 2.9 |  |  | 4.3 |  |
| Accrued liabilities | 1.1 |  |  | 1.5 |  |
| Other current liabilities | 3.3 |  |  | 5.6 |  |
| Held-for-sale liabilities | $ | 7.3 |  |  | $ | 11.4 |  |
Results of discontinued operations were as follows:
|  | First Quarter |
| In millions | 2021 |  | 2020 |  |
| Net sales | $ | 9.7 |  |  | $ | 15.4 |  |  |
| Cost of goods sold | (10.1) |  |  | (15.0) |  |  |
| Gross profit | $ | (0.4) |  |  | $ | 0.4 |  |  |
| Selling, general and administrative expenses | (1.4) |  |  | (1.4) |  |  |
| Operating loss | $ | (1.8) |  |  | $ | (1.0) |  |  |
| Tax credit | 0.2 |  |  | — |  |  |
| Net loss | $ | (1.6) |  |  | $ | (1.0) |  |  |
In the First Quarter of 2021, the Company made a $7.5 million gain on the sale of the U.S. aluminum business, net of a $2.0 million tax charge.
|  | First Quarter |
| In millions | 2021 |
| Cash consideration received | $ | 21.0 |  |
| Less |  |
| Net assets sold | (11.5) |  |
| Gross gain on disposition | 9.5 |  |
| Tax expense | (2.0) |  |
| Net gain on disposition | $ | 7.5 |  |
The assets and liabilities classified as held-for-sale related to discontinued operations were as follows:
| Held-for-sale assets | March 28, |  | December 31, |
| In millions | 2021 |  | 2020 |
| Property, plant and equipment | $ | 1.4 |  |  | $ | 7.9 |  |
| Right-of-use-assets from operating leases | 2.9 |  |  | 3.1 |  |
| Inventory | 6.3 |  |  | 12.6 |  |
| Accounts and other receivables | 6.4 |  |  | 8.7 |  |
| Held-for-sale assets | $ | 17.0 |  |  | $ | 32.3 |  |
| Held-for-sale liabilities |  |  |  |
| Accounts payable | 2.9 |  |  | 4.3 |  |
| Accrued liabilities | 1.1 |  |  | 1.5 |  |
| Other current liabilities | 3.3 |  |  | 5.6 |  |
| Held-for-sale liabilities | $ | 7.3 |  |  | $ | 11.4 |  |
The depreciation and amortization, capital expenditures and significant non-cash items were as follows:
|  | First Quarter |
| In millions | 2021 |  | 2020 |  |
| Cash flows from discontinued operating activities: |  |  |  |  |
| Depreciation | $ | 0.2 |  |  | $ | 0.3 |  |  |

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