v3.26.1
EXIT AND DISPOSAL ACTIVITIES
 9 Months Ended
Jun. 28, 2026
Restructuring and Related Activities [Abstract]  
EXIT AND DISPOSAL ACTIVITIES EXIT AND DISPOSAL ACTIVITIES
During the nine month period ended June 28, 2026, the Company entered into initiatives at its operating segments for changes in commercial strategies and operations, plus rightsizing of shared operations, resulting in headcount reductions and related termination charges. Total cumulative exit and disposal costs associated with these initiatives were $5.3 million, with no additional significant costs expected to be realized from current initiatives.
The following summarizes exit and disposal charges for the three and nine month periods ended June 28, 2026 and June 29, 2025, included in Selling, General & Administrative Expense on the Condensed Consolidated Statements of Income.
Three Month Periods EndedNine Month Periods Ended
(in millions)June 28, 2026June 29, 2025June 28, 2026June 29, 2025
Exit and disposal costs$0.4 $4.2 $5.3 $8.2 
The following is a summary of exit and disposal charges by segment for the three and nine month periods ended June 28, 2026 and June 29, 2025.
Three Month Periods EndedNine Month Periods Ended
(in millions)June 28, 2026June 29, 2025June 28, 2026June 29, 2025
GPC$0.1 $0.5 $1.6 $0.8 
H&G0.1 — 0.6 — 
HPC0.2 2.7 2.4 5.3 
Corporate and shared operations— 1.0 0.7 2.1 
Total exit and disposal activities$0.4 $4.2 $5.3 $8.2 
The following is a summary of exit and disposal charges by cost type for the three and nine month periods ended June 28, 2026 and June 29, 2025.
(in millions)
Termination
Benefits		Other
Costs		Total
Three month period ended June 28, 2026$0.3 $0.1 $0.4 
Three month period ended June 29, 20253.6 0.6 4.2 
Nine month period ended June 28, 20265.1 0.2 5.3 
Nine month period ended June 29, 20257.5 0.7 8.2 
The following is a roll forward of the accrual for exit and disposal charges by cost type for the nine month period ended June 28, 2026.
(in millions)Termination
Benefits		Other
Costs		Total
September 30, 2025$2.1 $— $2.1 
Provisions4.6 — 4.6 
Cash expenditures(3.8)— (3.8)
Foreign currency and other(0.1)— (0.1)
June 28, 2026$2.8 $— $2.8