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Prepackaged Chapter 11 Cases (Tables) | 3 Months Ended
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Sep. 28, 2025
Reorganizations [Abstract] |
Schedule of Liabilities Subject To Compromise and Reorganization Items, Net | Liabilities subject to compromise at September 28, 2025, consisted of the following:
|  | Three Months Ended
(in millions of U.S. Dollars) |  | September 28 2025
Debt |  | $7,081.4 |
Finance lease liabilities |  | 0.6 |
Other current liabilities |  | 26.0 |
Finance lease liabilities - long term |  | 8.3 |
Other long-term liabilities |  | 199.0 |
Total liabilities subject to compromise |  | $7,315.3 |
Reorganization items incurred as a result of the Chapter 11 Cases are presented separately in the accompanying unaudited consolidated statement of operations for the three months ended September 28, 2025, and were as follows:
|  | Three Months Ended
(in millions of U.S. Dollars) |  | September 28, 2025
Allowed claims adjustments (1) |  | $475.7 |
Professional fees |  | 28.1 |
Total reorganization items, net |  | $503.8 |
(1) For the three months ended September 28, 2025, the Plan and related disclosure statement were filed with the Bankruptcy Court, which included, among other things, the estimated allowed claims with respect to outstanding debt obligations. As a result, the unsecured and potentially undersecured debt obligations as of September 28, 2025 were adjusted to equal the expected amount of the allowed claim as detailed in the Plan, resulting in an adjustment of approximately $437.3 million to Liabilities subject to compromise and a corresponding expense recognized within Reorganization items, net in the Consolidated Statements of Operations. Additionally, adequate protection payments were $38.4 million and recognized as a reduction to the carrying amount of the respective Senior Secured Notes. Concurrently, as a result of adjusting to the estimated allowed claim amount for the corresponding debt instruments, a charge was recognized within Reorganization items, net. Please refer to Note 10, "Long-term Debt" for additional information.

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