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Restructuring Actions (Tables) | 12 Months Ended
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Dec. 31, 2021
Restructuring and Related Activities [Abstract] |
Schedule of restructuring and related costs | The related restructuring charges were recorded in the income statement as follows:
(Millions) |  | 2021 |  | 2020
Cost of sales |  | $ | 19 |  |  | $ | 51 |
Selling, general and administrative expenses |  | 88 |  | 79 |
Research, development and related expenses |  | 17 |  | 7 |
Total operating income impact |  | $ | 124 |  |  | $ | 137 |
The business segment operating income impact of these restructuring charges is summarized as follows:
|  | 2021 |  | 2020
(Millions) |  | Employee Related |  | Employee Related |  | Asset-Related and Other |  | Total
Safety and Industrial |  | 30 |  | $ | 36 |  |  | $ | 7 |  |  | $ | 43 |
Transportation and Electronics |  | 24 |  | 16 |  |  | 12 |  |  | 28 |
Health Care |  | 21 |  | 23 |  |  | 3 |  |  | 26 |
Consumer |  | 7 |  | 10 |  |  | 1 |  |  | 11 |
Corporate and Unallocated |  | 42 |  | 16 |  |  | 13 |  |  | 29 |
Total Operating Expense |  | $ | 124 |  |  | $ | 101 |  |  | $ | 36 |  |  | $ | 137 |
Restructuring actions, including cash and non-cash impacts, follow:
(Millions) |  | Employee- Related |  | Asset-Related and Other |  | Total
Expense incurred in the fourth quarter of 2020 |  | $ | 101 |  |  | $ | 36 |  |  | $ | 137 |
Non-cash changes |  | — |  |  | (36) |  |  | (36) |
Accrued restructuring action balances as of December 31, 2020 |  | 101 |  |  | — |  |  | 101 |
Incremental expense incurred in 2021 |  | 124 |  |  | — |  |  | 124 |
Cash Payments |  | (127) |  |  | — |  |  | (127) |
Adjustments |  | (11) |  |  | — |  |  | (11) |
Accrued restructuring action balances as of December 31, 2021 |  | $ | 87 |  |  | $ | — |  |  | $ | 87 |
These restructuring charges were recorded in the income statement as follows:
(Millions) |  | 2019
Cost of sales |  | $ | 72 |
Selling, general and administrative expenses |  | 137 |
Research, development and related expenses |  | 37 |
Total operating income impact |  | 246 |
Other expense (income), net |  | 36 |
Total income before income taxes impact |  | $ | 282 |
The operating income impact of these restructuring charges are summarized by business segment as follows:
|  | 2019
(Millions) |  | Employee-Related |  | Asset-Related |  | Total
Safety and Industrial |  | $ | 50 |  |  | $ | — |  |  | $ | 50 |
Transportation and Electronics |  | 31 |  |  | — |  |  | 31 |
Health Care |  | 17 |  |  | — |  |  | 17 |
Consumer |  | 8 |  |  | — |  |  | 8 |
Corporate and Unallocated |  | 100 |  |  | 40 |  |  | 140 |
Total Operating Expense |  | $ | 206 |  |  | $ | 40 |  |  | $ | 246 |
Restructuring actions, including cash and non-cash impacts, follow:
(Millions) |  | Employee-Related |  | Asset-Related |  | Total
Expense incurred in the second quarter and fourth quarter of 2019 |  | $ | 242 |  |  | $ | 40 |  |  | $ | 282 |
Non-cash changes |  | (36) |  |  | (40) |  |  | (76) |
Cash payments |  | (52) |  |  | — |  |  | (52) |
Adjustments |  | (14) |  |  | — |  |  | (14) |
Accrued restructuring action balances as of December 31, 2019 |  | 140 |  |  | — |  |  | 140 |
Cash Payments |  | (51) |  |  | — |  |  | (51) |
Adjustments |  | (59) |  |  | — |  |  | (59) |
Accrued restructuring action balances as of December 31, 2020 |  | 30 |  |  | — |  |  | 30 |
Schedule of restructuring reserve by type of cost | The divestiture-related restructuring actions were recorded in the income statement as follows:
(Millions) |  | 2020
Cost of sales |  | $ | 42 |
Selling, general and administrative expenses |  | 12 |
Research, development and related expenses |  | 1 |
Total operating income impact |  | $ | 55 |
Divestiture-related restructuring actions, including cash and non-cash impacts, follow:
(Millions) |  | Employee-Related |  | Asset-Related and Other |  | Total
Expense incurred in the second quarter of 2020 |  | $ | 32 |  |  | $ | 23 |  |  | $ | 55 |
Non-cash changes |  | — |  |  | (14) |  |  | (14) |
Cash payments |  | (14) |  |  | — |  |  | (14) |
Adjustments |  | (3) |  |  | — |  |  | (3) |
Accrued restructuring action balance as of December 31, 2020 |  | 15 |  |  | 9 |  |  | 24 |
Cash Payments |  | (5) |  |  | — |  |  | (5) |
Adjustments |  | (1) |  |  | — |  |  | (1) |
Accrued restructuring action balance as of June 30, 2021 |  | $ | 9 |  |  | $ | 9 |  |  | $ | 18 |
The restructuring charges were recorded in the income statement as follows:
(Millions) |  | 2020
Cost of sales |  | $ | 13 |
Selling, general and administrative expenses |  | 37 |
Research, development and related expenses |  | 8 |
Total operating income impact |  | $ | 58 |
The business segment operating income impact of these restructuring charges is summarized as follows:
|  | 2020
(Millions) |  | Employee-Related |  | Asset-Related and Other |  | Total
Safety and Industrial |  | $ | 7 |  |  | $ | — |  |  | $ | 7 |
Transportation and Electronics |  | 11 |  |  | — |  |  | 11 |
Health Care |  | 12 |  |  | — |  |  | 12 |
Consumer |  | 5 |  |  | — |  |  | 5 |
Corporate and Unallocated |  | — |  |  | 23 |  |  | 23 |
Total Operating Expense |  | $ | 35 |  |  | $ | 23 |  |  | $ | 58 |
Restructuring actions, including cash and non-cash impacts, follow:
(Millions) |  | Employee-Related |  | Asset-Related |  | Total
Expense incurred in the second quarter of 2020 |  | $ | 35 |  |  | $ | 23 |  |  | $ | 58 |
Non-cash changes |  | — |  |  | (23) |  |  | (23) |
Cash payments |  | (2) |  |  | — |  |  | (2) |
Adjustments |  | (9) |  |  | — |  |  | (9) |
Accrued restructuring action balances as of December 31, 2020 |  | 24 |  |  | — |  |  | 24 |
Cash Payments |  | (4) |  |  | — |  |  | (4) |
Adjustments |  | (9) |  |  | — |  |  | (9) |
Accrued restructuring action balances as of March 31, 2021 |  | $ | 11 |  |  | $ | — |  |  | $ | 11 |

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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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