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Restructuring Program - Restructuring Liability Activity (Details) - Simplify to Grow Program - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Restructuring Reserve [Roll Forward]        
Liability balance, beginning     $ 191  
Charges $ 3 $ 2 45 [1] $ 32
Cash spent [2]     (23)  
Non-cash settlements/adjustments (5) (5) (6) [3] (6)
Currency     (6)  
Liability balance, ending [4] 201   201  
Other current liabilities        
Restructuring Reserve [Roll Forward]        
Liability balance, ending 114   114  
Other liabilities        
Restructuring Reserve [Roll Forward]        
Liability balance, ending 87   87  
Severance and related costs        
Restructuring Reserve [Roll Forward]        
Liability balance, beginning     191  
Charges [1]     39  
Cash spent (10) $ (17) (23) [2] $ (35)
Non-cash settlements/adjustments [3]     0  
Currency     (6)  
Liability balance, ending [4] 201   201  
Asset Write-downs and Other        
Restructuring Reserve [Roll Forward]        
Liability balance, beginning [5]     0  
Charges [1],[5]     6  
Cash spent [2],[5]     0  
Non-cash settlements/adjustments [3],[5]     (6)  
Currency [5]     0  
Liability balance, ending [4],[5] $ 0   $ 0  
[1] We recorded restructuring charges of $3 million in the three months ended June 30, 2024 and restructuring charges of $2 million in the three months ended June 30, 2023 and restructuring charges of $45 million in the six months ended June 30, 2024 and $32 million in the six months ended June 30, 2023 within asset impairment and exit costs and benefit plan non-service income.
[2] We spent $10 million in the three months ended June 30, 2024 and $17 million in the three months ended June 30, 2023 and spent $23 million in the six months ended June 30, 2024 and $35 million in the six months ended June 30, 2023 in cash severance and related costs.
[3] We recognized non-cash asset write-downs (including accelerated depreciation and asset impairments) and other non-cash adjustments, including any gains on sale of restructuring program assets, which totaled a charge of $5 million in the three months ended June 30, 2024 and a charge of $5 million in the three months ended June 30, 2023 and a charge of $6 million in the six months ended June 30, 2024 and $6 million in the six months ended June 30, 2023.
[4] At June 30, 2024, $114 million of our net restructuring liability was recorded within other current liabilities and $87 million was recorded within other long-term liabilities.
[5] Includes gains as a result of assets sold which are included in the restructuring program.