Restructuring Actions (Tables)

9 Months Ended

Oct. 01, 2023

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs

As of October 1, 2023, the liability balance included within other accrued liabilities in the Consolidated Balance Sheets for the restructuring actions associated with the Program is as follows:

Operational Excellence	Severance		Total
Balance at December 25, 2022	$	84.9	$	84.9
2023 charges	—		—
2023 payments	(33.9)		(33.9)
Balance at October 1, 2023	$	51.0	$	51.0

The following table presents the restructuring charges incurred to date under the Program, along with the estimated charges expected to be incurred on approved initiatives under the plan as of October 1, 2023:

Operational Excellence	Severance		Total
Charges incurred to date	$	94.1	$	94.1
Estimated charges to be incurred on approved initiatives	—		—
Total expected charges on approved initiatives	$	94.1	$	94.1