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Restructuring Program (Tables)

3 Months Ended

Mar. 31, 2021

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Program Liability

The Simplify to Grow Program liability activity for the three months ended March 31, 2021 was:

			Severance and related costs						Asset Write-downs						Total
			(in millions)
Liability balance, January 1, 2021			$	304					$	—					$	304
Charges			47						41						88
Cash spent			(34)						—						(34)
Non-cash settlements/adjustments			1						(41)						(40)
Currency			(10)						—						(10)
Liability balance, March 31, 2021			$	308					$	—					$	308

Schedule of Restructuring and Implementation Costs by Segment

In connection with our restructuring program, we recorded non-cash property, plant and equipment write-downs (including accelerated depreciation and asset impairments) and losses/(gains) on disposal in the condensed consolidated statements of earnings within asset impairment and exit costs and within the segment results as follows (refer to Note 7, Restructuring Program).

			For the Three Months Ended March 31,
			2021						2020
			(in millions)
Latin America			$	—					$	—
AMEA			(16)						(1)
Europe			2						1
North America			54						1
Total			$	40					$	1

During the three months ended March 31, 2021 and March 31, 2020, and since inception of the Simplify to Grow Program, we recorded the following restructuring and implementation costs within segment operating income and earnings before income taxes:

			Latin America						AMEA						Europe						North America						Corporate						Total
			(in millions)
For the Three Months Ended March 31, 2021
Restructuring Costs			$	3					$	(21)					$	6					$	101					$	(1)					$	88
Implementation Costs			3						2						10						10						9						34
Total			$	6					$	(19)					$	16					$	111					$	8					$	122
For the Three Months Ended March 31, 2020
Restructuring Costs			$	4					$	(1)					$	3					$	2					$	7					$	15
Implementation Costs			7						3						14						10						9						43
Total			$	11					$	2					$	17					$	12					$	16					$	58
Total Project (Inception to Date)
Restructuring Costs			$	550					$	537					$	1,149					$	593					$	141					$	2,970
Implementation Costs			290						231						521						466						347						1,855
Total			$	840					$	768					$	1,670					$	1,059					$	488					$	4,825

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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)
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-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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 5.P.4)
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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

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-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

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