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Supplementary balance sheet information (Tables) | 9 Months Ended
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Sep. 26, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Condensed Balance Sheet | Supplementary balance sheet information
|  |  | September 26, |  | December 31, |
| In millions |  | 2021 |  | 2020 |
| Accounts and other receivables |  |  |  |  |
| Trade receivables |  | $ | 50.0 |  |  | $ | 33.6 |  |
| Related parties |  | 0.2 |  |  | 0.2 |
| Prepayments and accrued income |  | 6.5 |  |  | 5.5 |
| Derivative financial instruments |  | 0.1 |  |  | 0.2 |
| Deferred consideration |  | 0.9 |  |  | 0.2 |
| Other receivables |  | 1.3 |  |  | 3.4 |
| Total accounts and other receivables |  | $ | 59.0 |  |  | $ | 43.1 |  |
| Inventories |  |  |  |  |
| Raw materials and supplies |  | $ | 36.2 |  |  | $ | 26.2 |  |
| Work-in-process |  | 23.7 |  |  | 19.7 |  |
| Finished goods |  | 20.7 |  |  | 22.9 |  |
| Total inventories |  | $ | 80.6 |  |  | $ | 68.8 |  |
| Other current assets |  |  |  |  |
| Income tax receivable |  | 1.3 |  |  | 1.5 |  |
| Total other current assets |  | $ | 1.3 |  |  | $ | 1.5 |  |
| Property, plant and equipment, net |  |  |  |  |
| Land, buildings and leasehold improvements |  | $ | 67.0 |  |  | $ | 65.2 |  |
| Machinery and equipment |  | 265.6 |  |  | 255.3 |  |
| Construction in progress |  | 6.5 |  |  | 7.8 |  |
| Total property, plant and equipment |  | 339.1 |  |  | 328.3 |  |
| Accumulated depreciation and impairment |  | (250.6) |  |  | (242.3) |  |
| Total property, plant and equipment, net |  | $ | 88.5 |  |  | $ | 86.0 |  |
| Other current liabilities |  |  |  |  |
| Restructuring related liabilities |  | $ | 8.6 |  |  | $ | 9.0 |  |
| Contingent liabilities |  | 1.5 |  |  | 1.1 |  |
| Derivative financial instruments |  | 0.1 |  |  | 0.4 |  |
| Operating lease liability |  | 1.1 |  |  | 2.9 |  |
| Other current liabilities |  | 1.6 |  |  | 0.1 |  |
| Total other current liabilities |  | $ | 12.9 |  |  | $ | 13.5 |  |
| Other non-current liabilities |  |  |  |  |
| Contingent liabilities |  | $ | 0.6 |  |  | $ | 1.0 |  |
| Operating lease liability |  | 10.7 |  |  | 6.7 |  |
| Total other non-current liabilities |  | $ | 11.3 |  |  | $ | 7.7 |  |
Schedule of Current Held-for-Sale Assets and Liabilities | The respective assets and liabilities of the above disposal group have been reclassified as held-for-sale also included within assets held-for-sale, but not disclosed as discontinued operations, in 2021 and 2020 is one building valued at $3.7 million, within our Elektron Segment. Both of these respective items have been included in the table below.
| Held-for-sale assets | September 26, |  | December 31, |
| In millions | 2021 |  | 2020 |
| Property, plant and equipment | $ | 4.8 |  |  | $ | 11.6 |  |
| Right-of-use-assets from operating leases | 0.4 |  |  | 3.1 |  |
| Inventory | 2.7 |  |  | 12.6 |  |
| Accounts and other receivables | 2.6 |  |  | 8.7 |  |
| Held-for-sale assets | $ | 10.5 |  |  | $ | 36.0 |  |
| Held-for-sale liabilities |  |  |  |
| Accounts payable | 0.6 |  |  | 4.3 |  |
| Accrued liabilities | 0.1 |  |  | 1.5 |  |
| Other current liabilities | 1.0 |  |  | 5.6 |  |
| Held-for-sale liabilities | $ | 1.7 |  |  | $ | 11.4 |  |
Results of discontinued operations were as follows:
|  | Third Quarter |  | Year-to-date |
| In millions | 2021 |  | 2020 |  |  | 2021 |  | 2020 |
| Net sales | $ | 4.9 |  |  | $ | 12.7 |  |  |  | $ | 19.5 |  |  | $ | 41.0 |  |
| Cost of goods sold | (4.7) |  |  | (13.3) |  |  |  | (20.4) |  |  | (40.4) |  |
| Gross profit / (loss) | $ | 0.2 |  |  | $ | (0.6) |  |  |  | $ | (0.9) |  |  | $ | 0.6 |  |
| Selling, general and administrative expenses | (1.4) |  |  | (1.4) |  |  |  | (3.1) |  |  | (4.1) |  |
| Restructuring charges | — |  |  | (0.1) |  |  |  | — |  |  | (0.1) |  |
| Other income | — |  |  | 2.3 |  |  |  | — |  |  | 2.3 |  |
| Operating (loss) / profit | $ | (1.2) |  |  | $ | 0.2 |  |  |  | $ | (4.0) |  |  | $ | (1.3) |  |
| Tax credit | 0.5 |  |  | — |  |  |  | 1.2 |  |  | — |  |
| Net (loss) / income | $ | (0.7) |  |  | $ | 0.2 |  |  |  | $ | (2.8) |  |  | $ | (1.3) |  |
|  | Third Quarter |
| In millions | 2021 |
| Cash consideration received | $ | 3.5 |  |
| Deferred consideration payable | 0.6 |  |
| Less |  |
| Net assets sold | (4.2) |  |
| Gross loss on disposition | (0.1) |  |
| Provision for income taxes | — |  |
| Net loss on disposition | $ | (0.1) |  |
The assets and liabilities classified as held-for-sale related to discontinued operations were as follows:
| Held-for-sale assets | September 26, |  | December 31, |
| In millions | 2021 |  | 2020 |
| Property, plant and equipment | $ | 1.1 |  |  | $ | 7.9 |  |
| Right-of-use-assets from operating leases | 0.4 |  |  | 3.1 |  |
| Inventory | 2.7 |  |  | 12.6 |  |
| Accounts and other receivables | 2.6 |  |  | 8.7 |  |
| Held-for-sale assets | $ | 6.8 |  |  | $ | 32.3 |  |
| Held-for-sale liabilities |  |  |  |
| Accounts payable | 0.6 |  |  | 4.3 |  |
| Accrued liabilities | 0.1 |  |  | 1.5 |  |
| Other current liabilities | 1.0 |  |  | 5.6 |  |
| Held-for-sale liabilities | $ | 1.7 |  |  | $ | 11.4 |  |
The depreciation and amortization, capital expenditures and significant non-cash items were as follows:
|  | Third Quarter |  | Year-to-date |
| In millions | 2021 |  | 2020 |  |  | 2021 |  | 2020 |
| Cash flows from discontinued operations: |  |  |  |  |  |  |  |  |
| Depreciation | $ | 0.1 |  |  | $ | 0.2 |  |  |  | $ | 0.4 |  |  | $ | 0.8 |  |

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