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Held-for-sale assets and liabilities (Tables)
3 Months Ended
Mar. 30, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Current Held-for-Sale Assets and Liabilities
Results of discontinued operations in the First Quarter of 2025 and 2024 were as follows:
First Quarter
In millions20252024
Net sales$1.5 $1.5 
Cost of goods sold(1.4)(1.1)
Gross profit$0.1 $0.4 
Selling, general and administrative expenses(0.4)(0.4)
Restructuring charges0.3 (0.1)
Operating loss$ $(0.1)
Tax credit — 
Net loss$ $(0.1)
The associated assets and liabilities relating to Superform U.S. that are classified as held-for-sale were as follows:
Held-for-sale assets March 30,December 31,
In millions20252024
Inventory$4.3 $4.0 
Prepayments and accrued income0.4 0.4 
Accounts and other receivables2.0 1.8 
Current assets6.7 6.2 
Property, plant and equipment0.2 — 
Right-of-use-assets1.4 1.5 
Non-current assets1.6 1.5 
Total assets$8.3 $7.7 
Accounts payable0.9 0.8 
Accrued liabilities0.1 0.4 
Other liabilities2.2 2.4 
Current liabilities$3.2 $3.6 
Total liabilities$3.2 $3.6 
The total assets and liabilities classified as held-for-sale, including those that qualify as discontinued operations are as follows:
Held-for-sale assets March 30,December 31,
In millions20252024
Inventory$12.3 $11.3 
Prepayments and accrued income1.7 1.6 
Accounts and other receivables6.0 5.5 
Current assets20.0 18.4 
Property, plant and equipment0.6 0.3 
Right-of-use-assets3.7 3.8 
Non-current assets4.3 4.1 
Total held-for-sale assets$24.3 $22.5 
Held-for-sale liabilities
Accounts payable2.9 1.4 
Accrued liabilities4.6 3.3 
Other liabilities7.7 8.1 
Held-for-sale liabilities$15.2 $12.8