v3.26.1
Restructuring and Other Charges, Net (Tables)
6 Months Ended
Jun. 28, 2026
Restructuring and Other Charges, Net  
Summary of the pre-tax cost by restructuring programs

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Second Quarter Ended

​

Six Months Ended

​

​

  ​ ​

June 28,

  ​ ​ ​    ​ ​

June 29,

  ​ ​ ​    ​ ​

June 28,

  ​ ​ ​    ​ ​

June 29,

​

​

  ​ ​ ​

2026

  ​ ​ ​    ​ ​

2025

  ​ ​ ​    ​ ​

2026

  ​ ​ ​    ​ ​

2025

  ​ ​ ​

​

​

(in millions)

​

Restructuring costs:

​

​

​

​

​

​

​

​

​

​

​

​

​

2025 France Actions

​

$

0.1

​

$

1.7

​

$

0.3

​

$

19.1

​

Other Actions

​

 

5.5

​

 

1.7

​

 

5.5

​

 

1.6

​

Total restructuring charges

​

$

5.6

​

$

3.4

​

$

5.8

​

$

20.7

​

Summary of recorded pre-tax restructuring costs by business segment

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Second Quarter Ended

​

Six Months Ended

​

​

​

June 28,

  ​ ​ ​    ​ ​

June 29,

  ​ ​ ​    ​ ​

June 28,

  ​ ​ ​    ​ ​

June 29,

​

​

  ​ ​ ​

2026

​

2025

​

2026

​

2025

  ​ ​ ​

​

​

(in millions)

​

Americas

​

$

1.9

​

$

—

​

$

2.0

​

$

—

​

Europe

​

​

3.7

​

​

3.4

​

​

3.8

​

​

20.6

​

APMEA

​

 

—

​

 

—

​

 

—

​

 

0.1

​

Total

​

$

5.6

​

$

3.4

​

$

5.8

​

$

20.7

​

Summary of total incurred pre-tax restructuring costs

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

  ​ ​ ​

​

​

​

​

​

​

​

​

​

​

Facility

​

​

​

​

​

​

​

​

Legal and

​

Asset

​

exit

​

​

​

​

  ​ ​ ​

Severance

  ​ ​ ​ ​

consultancy

  ​ ​ ​ ​

write-downs

  ​ ​ ​ ​

and other

  ​ ​ ​ ​

Total

​

​

(in millions)

Costs incurred — 2025

 

$

18.0

 

$

1.4

 

$

0.9

 

$

1.7

 

$

22.0

Costs incurred — first quarter 2026

​

​

0.1

​

​

0.1

​

​

—

​

​

—

​

​

0.2

Costs incurred — second quarter 2026

​

​

—

​

​

0.1

​

​

—

​

​

—

​

​

0.1

Remaining costs to be incurred

​

​

0.4

​

​

0.2

​

​

—

​

​

0.3

​

​

0.9

Total expected restructuring costs

 

$

18.5

​

$

1.8

​

$

0.9

​

$

2.0

 

$

23.2

Summary of restructuring reserve activity

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Facility

​

​

​

​

​

​

​

Legal and

​

Asset

​

exit

​

​

​

​

  ​ ​ ​

Severance

  ​ ​ ​

consultancy

  ​ ​ ​

write-downs

  ​ ​ ​

and other

  ​ ​ ​

Total

​

​

(in millions)

Balance at December 31, 2025

​

$

8.5

​

$

0.4

​

$

—

​

$

0.4

​

$

9.3

Net pre-tax restructuring charges

​

​

0.1

​

​

0.1

​

​

—

​

​

—

​

​

0.2

Utilization and foreign currency impact

​

​

(1.7)

​

​

(0.5)

​

​

—

​

​

(0.4)

​

​

(2.6)

Balance at March 29, 2026

​

$

6.9

​

$

—

​

$

—

​

$

—

​

$

6.9

Net pre-tax restructuring charges

​

​

—

​

​

0.1

​

​

—

​

​

—

​

​

0.1

Utilization and foreign currency impact

​

​

(1.1)

​

​

(0.1)

​

​

—

​

​

—

​

​

(1.2)

Balance at June 28, 2026

​

$

5.8

​

$

—

​

$

—

​

$

—

​

$

5.8