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Restructuring
 9 Months Ended
Sep. 28, 2025
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring
The $3.5 million and $5.6 million restructuring charge in the third quarter and first nine months, respectively, of 2025 predominantly relates to costs aimed at reducing our fixed cost structure and generating savings through enhanced operational alignment, in particular to centralize our North American Gas Cylinders and Elektron divisions.
As part of this initiative, we recognized an accelerated depreciation charge of $2.1 million and $3.8 million related to property, plant and equipment in the third quarter and first nine months of 2025, respectively, in accordance with ASC 360. These charges were triggered by a strategic decision to relocate operations, resulting in the affected assets no longer being utilized over their originally estimated useful lives. We also recognized $0.2 million of inventory impairments during the third quarter and first nine months of 2025 to reflect inventory that is no longer recoverable as part of the relocation.
In addition, we recognized $1.2 million and $1.6 million of severance and other restructuring-related costs in the third quarter and first nine months of 2025, respectively, associated with workforce reductions and other costs incurred in connection with the restructuring activities.
The $0.5 million and $2.3 million restructuring charge in the third quarter and first nine months, respectively, of 2024 predominantly related to continued costs aimed at reducing our fixed cost structure and realigning our business.
4.    Restructuring (continued)
Restructuring-related costs by reportable segment were as follows:
Third QuarterYear-to-date
In millions2025202420252024
Severance and other costs
Gas Cylinders $0.7 $0.5 $1.1 $2.1 
Elektron 0.5 — 0.5 0.2 
$1.2 $0.5 $1.6 $2.3 
Accelerated depreciation charges
Gas Cylinders$— $— $1.7 $— 
Elektron segment2.1 — 2.1 — 
$2.1 $— $3.8 $— 
Asset impairments
Gas Cylinders$0.2 $— $0.2 $— 
Total restructuring charges$3.5 $0.5 $5.6 $2.3 

Activity related to restructuring, recorded in Other current liabilities in the consolidated balance sheets is summarized as follows:
In millions2025
Balance at January 1,$0.2 
Costs incurred1.6 
Cash payments and other(1.3)
Balance at September 28,$0.5