v3.24.1.u1
Restructuring and Asset Impairments (Tables)
 3 Months Ended
Mar. 31, 2024
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Restructuring-Related Asset Impairment Expenses by Type Incurred and by Reportable Segment
Following are the total restructuring and asset impairment charges, net of adjustments, recognized during the periods presented:
Three Months Ended
March 31, 2024April 2, 2023
Restructuring/Asset impairment charges$31,618 $28,814 

The table below sets forth restructuring and restructuring-related asset impairment charges by type incurred:
Three Months Ended
March 31, 2024April 2, 2023
Severance and termination benefits$17,993 $5,516 
Asset impairments8,844 19,193 
Other costs4,781 4,105 
Restructuring and restructuring-related asset impairment charges$31,618 $28,814 

The table below sets forth restructuring and restructuring-related asset impairment charges attributable to each reportable segment, the “All Other” group of businesses, and Corporate-related activity:
Three Months Ended
March 31, 2024April 2, 2023
Consumer Packaging$4,925 $2,680 
Industrial Paper Packaging22,603 24,544 
All Other1,148 53 
Corporate2,942 1,537 
Restructuring and restructuring-related asset impairment charges$31,618 $28,814 
Schedule of Restructuring Accrual Activity
The following table sets forth the activity in the restructuring accrual included in “Accrued expenses and other” in the Company’s Condensed Consolidated Balance Sheets:
Severance
and
Termination
Benefits		Asset
Impairments/
Disposal
of Assets		Other
Costs		Total
Accrual Activity
Liability at December 31, 2023
$14,315 $— $1,638 $15,953 
2024 charges17,993 8,844 4,781 31,618 
Cash payments(6,314)(498)(2,218)(9,030)
Asset writedowns/disposals— (8,346)— (8,346)
Foreign currency translation(81)— (15)(96)
Liability at March 31, 2024
$25,913 $— $4,186 $30,099