XML 38 R26.htm IDEA: XBRL DOCUMENT v3.26.1
Restructuring and Related Implementation Charges (Tables)
3 Months Ended
Mar. 31, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Costs
For the three months ended March 31, 2026, charges resulting from the Strategic Growth and Productivity Program are reflected in the income statement as follows:

Three Months Ended March 31, 2026
Selling, general and administrative expenses$
Other (income) expense, net165 
Non-service related postretirement costs
Total Strategic Growth and Productivity Program charges, pre-tax$176 
Total Strategic Growth and Productivity Program charges, after-tax$138 
The following table summarizes the activity for the restructuring accrual:

Three Months Ended March 31, 2026
 Employee-Related
Costs 
Asset-Related Costs and OtherTotal
Balance at December 31, 2025
$$$10 
Charges165 11 176 
Cash payments (2)(5)(7)
Charges against assets and liabilities(5)(1)(6)
Foreign exchange(9)— (9)
Balance at March 31, 2026
$155 $$164 
Schedule of Percent of Total Restructuring Charges Related To Segment for the period
Total charges incurred for the Strategic Growth and Productivity Program relate to initiatives undertaken by the following reportable operating segments and Corporate:
Three Months Ended March 31, 2026Program-to-date Accumulated Charges
 
North America14%14%
Latin America %%
Europe, Middle East & Africa 28%28%
Asia Pacific2%2%
Hill’s Pet Nutrition
20%19%
Corporate36%37%
Total100%100%
Schedule of Cumulative Pretax Restructuring Charges
Since the inception of the Strategic Growth and Productivity Program, the Company has incurred cumulative pre-tax charges of $189 ($149 after-tax) in connection with the implementation of various projects as follows:

Cumulative Charges as of March 31, 2026
Employee-Related Costs$171 
Asset-Related Costs and Other18 
Total$189