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REPOSITIONING AND OTHER CHARGES | 3 Months Ended
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Mar. 31, 2021
Restructuring and Related Activities [Abstract] |
Repositioning and Other Charges | A summary of repositioning and other charges follows:
| Three Months Ended March 31, |  |
| 2021 |  | 2020 |  |  |  |
Severance | $ | 28 |  |  | $ | 66 |  |  |  |  |
Asset impairments | 42 |  |  | 2 |  |  |  |  |
Exit costs | 49 |  |  | 15 |  |  |  |  |
Reserve adjustments | 1 |  |  | (13) |  |  |  |  |
Total net repositioning charge | 120 |  |  | 70 |  |  |  |  |
Asbestos related litigation charges, net of insurance and reimbursements | 21 |  |  | 11 |  |  |  |  |
Probable and reasonably estimable environmental liabilities, net of reimbursements | 5 |  |  | 8 |  |  |  |  |
Other | (5) |  |  | (27) |  |  |  |  |
Total net repositioning and other charges | $ | 141 |  |  | $ | 62 |  |  |  |  |
The following table summarizes the pretax distribution of total net repositioning and other charges by classification:
| Three Months Ended March 31, |  |
| 2021 |  | 2020 |  |  |  |
Cost of products and services sold | $ | 98 |  |  | $ | 20 |  |  |  |  |
Selling, general and administrative expenses | 43 |  |  | 42 |  |  |  |  |
| $ | 141 |  |  | $ | 62 |  |  |  |  |
The following table summarizes the pretax impact of total net repositioning and other charges by segment:
| Three Months Ended March 31, |  |
| 2021 |  | 2020 |  |  |  |
Aerospace | $ | 48 |  |  | $ | 11 |  |  |  |  |
Honeywell Building Technologies | 5 |  |  | 25 |  |  |  |  |
Performance Materials and Technologies | 5 |  |  | 21 |  |  |  |  |
Safety and Productivity Solutions | 37 |  |  | 6 |  |  |  |  |
Corporate | 46 |  |  | (1) |  |  |  |  |
| $ | 141 |  |  | $ | 62 |  |  |  |  |
In the three months ended March 31, 2021, we recognized gross repositioning charges totaling $119 million including severance costs of $28 million related to workforce reductions of 1,021 manufacturing and administrative positions mainly in our Aerospace and Safety and Productivity Solutions segments. The workforce reductions were primarily related to site transitions, mainly in Aerospace, to more cost-effective locations and to our productivity and ongoing functional transformation initiatives. The repositioning charge included asset impairments of $42 million primarily related to the write-down of certain manufacturing and other equipment due to their planned disposition. The repositioning charge included exit costs of $49 million primarily for closure obligations associated with site transitions, lease exit obligations for certain equipment in Corporate and current period exit costs incurred for previously approved repositioning projects. In the three months ended March 31, 2020, we recognized gross repositioning charges totaling $83 million including severance costs of $66 million related to workforce reductions of 2,124 manufacturing and administrative positions across our segments. The workforce reductions were primarily related to our productivity and ongoing functional transformation initiatives. The following table summarizes the status of the Company's total repositioning reserves:
| Severance Costs |  | Asset Impairments |  | Exit Costs |  | Total
Balance at December 31, 2020 | $ | 527 |  |  | $ | — |  |  | $ | 74 |  |  | $ | 601 |
Charges | 28 |  |  | 42 |  |  | 49 |  |  | 119 |
Usage - cash | (84) |  |  | — |  |  | (21) |  |  | (105) |
Usage - noncash | — |  |  | (42) |  |  | — |  |  | (42) |
Foreign currency translation | (3) |  |  | — |  |  | (2) |  |  | (5) |
Adjustments | 1 |  |  | — |  |  | — |  |  | 1 |
Balance at March 31, 2021 | $ | 469 |  |  | $ | — |  |  | $ | 100 |  |  | $ | 569 |
Certain repositioning projects will recognize exit costs in future periods when the actual liability is incurred. Such exit costs incurred in the three months ended March 31, 2021 and 2020 were $10 million and $11 million, respectively.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
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