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Supplementary balance sheet information | 3 Months Ended
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Mar. 28, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Supplementary balance sheet information | 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 |  |
7. Supplementary balance sheet information (continued) Held-for-sale assets and liabilities In 2020, the Company classified its Superform aluminum superplastic forming business operating from sites in the U.S. and the U.K, and our U.S. aluminum gas cylinder business as assets and liabilities held-for-sale in accordance with ASC 205-20 Discontinued Operations. See Note 10 for a breakdown of this disposal group. There was also one building valued at $3.7 million, within our Elektron Segment classified as held-for-sale assets, previously included within other current assets. The building was classified as held-for-sale in 2019, as the expectation was that the building would be sold in 2020. There are conditions attached to the sale which the Company now expects to be met in 2021 and as such the building continues to be classified as held-for-sale. 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 |  |

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -URI http://asc.fasb.org/topic&trid=2122208 + Details
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