Restructuring (Tables)

3 Months Ended

Apr. 01, 2023

Restructuring and Related Activities [Abstract]

Summary of Restructuring Activity

A summary of the changes in the Company's restructuring reserves is shown below (in millions):

Balance at January 1, 2023	$	82.9
Provision for employee termination benefits	11.7
Payments, utilizations and foreign currency	(18.3)
Balance at April 1, 2023	$	76.3

Charges recorded in connection with the Company's restructuring actions are shown below (in millions):

	Three Months Ended
	April 1, 2023		April 2, 2022
Employee termination benefits	$	11.7	$	27.3
Property, plant and equipment impairments	0.1		0.5
Contract termination costs	0.8		1.0
Other related costs	2.0		1.1
	$	14.6	$	29.9

Restructuring charges by income statement line item are shown below (in millions):

	Three Months Ended
	April 1, 2023		April 2, 2022
Cost of sales	$	12.9	$	29.5
Selling, general and administrative expenses	1.7		0.4
	$	14.6	$	29.9

Restructuring charges by operating segment are shown below (in millions):

	Three Months Ended
	April 1, 2023		April 2, 2022
Seating	$	12.0	$	16.6
E-Systems	2.3		13.3
Other	0.3		—
	$	14.6	$	29.9