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Restructuring and Other Charges, Net (Tables)
6 Months Ended
Jun. 26, 2022
Restructuring and Other Charges, Net  
Summary of the pre-tax cost by restructuring programs

Second Quarter Ended

Six Months Ended

   

June 26,

         

June 27,

         

June 26,

         

June 27,

    

2022

         

2021

         

2022

         

2021

    

(in millions)

Restructuring costs:

2021 France Actions

$

1.3

$

18.0

$

2.3

$

18.0

Other Actions

 

0.4

 

(1.0)

 

0.4

 

(0.7)

Total restructuring charges

$

1.7

$

17.0

$

2.7

$

17.3

Summary of recorded pre-tax restructuring costs by business segment

Second Quarter Ended

Six Months Ended

June 26,

June 27,

June 26,

June 27,

    

2022

2021

2022

2021

    

(in millions)

Americas

$

0.4

$

(0.7)

$

0.5

$

(0.7)

Europe

 

1.3

 

17.9

 

2.3

 

17.9

APMEA

 

 

(0.2)

 

(0.1)

 

0.1

Total

$

1.7

$

17.0

$

2.7

$

17.3

Summary of total expected, incurred and remaining pre-tax restructuring costs

    

Facility

Legal and

Asset

exit

    

Severance

     

consultancy

     

write-downs

     

and other

     

Total

(in millions)

Costs incurred — 2021

 

$

16.9

 

$

0.9

 

$

0.9

 

$

1.0

 

$

19.7

Costs incurred—first quarter 2022

0.2

0.1

0.4

0.3

1.0

Costs incurred—second quarter 2022

0.6

0.1

0.4

0.2

1.3

Remaining costs to be incurred

0.9

0.9

Total expected restructuring costs

 

$

18.6

$

1.1

$

1.7

$

1.5

 

$

22.9

Summary of restructuring reserve activity

Facility

Legal and

Asset

exit

    

Severance

    

consultancy

    

write-downs

    

and other

    

Total

(in millions)

Balance at December 31, 2021

$

9.9

$

0.2

$

$

0.5

$

10.6

Net pre-tax restructuring charges

0.2

0.1

0.4

0.3

1.0

Utilization and foreign currency impact

(4.7)

(0.1)

(0.4)

(0.3)

(5.5)

Balance at March 27, 2022

$

5.4

$

0.2

$

$

0.5

$

6.1

Net pre-tax restructuring charges

0.6

0.1

0.4

0.2

1.3

Utilization and foreign currency impact

(2.0)

(0.2)

(0.4)

(0.5)

(3.1)

Balance at June 26, 2022

$

4.0

$

0.1

$

$

0.2

$

4.3