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Restructuring Charges
 6 Months Ended
Jun. 30, 2021
Restructuring and Related Activities [Abstract]  
Restructuring Charges Restructuring and Asset Impairment Charges
Restructuring
From time to time, the Company will incur costs related to restructuring actions in order to optimize our cost base and more strategically position ourselves. During the three and six months ended June 30, 2021, we recognized restructuring charges of $3 million and $8 million, respectively, of which $2 million and $6 million relate to actions previously announced in 2020. These charges included reduction of headcount across all segments and asset impairments within our Measurement & Control Solutions segment.
In response to the changes in business and economic conditions arising as a result of the COVID-19 pandemic, in June 2020 management committed to a restructuring plan that includes actions across our businesses and functions globally. The plan is designed to support our long-term financial resilience, simplify our operations, strengthen our competitive positioning and better serve our customers. During the three and six months ended June 30, 2020, we recognized restructuring charges of $38 million and $40 million, respectively. These charges included reduction of headcount across all segments and asset impairments within our Measurement & Control Solutions segment.
The following table presents the components of restructuring expense and asset impairment charges:
Three Months EndedSix Months Ended
June 30,June 30,
(in millions)2021202020212020
By component:
Severance and other charges$4 $21 $8 $23 
Asset impairment— 17 1 17 
Reversal of restructuring accruals(1)— (1)— 
Total restructuring charges$3 $38 $8 $40 
Asset impairment charges— 10 1 10 
Total restructuring and asset impairment charges$3 $48 $9 $50 
By segment:
Water Infrastructure$3 $6 $7 $8 
Applied Water— 2 1 2 
Measurement & Control Solutions— 40 1 40 
The following table displays a roll-forward of the restructuring accruals, presented on our Condensed Consolidated Balance Sheets within "Accrued and other current liabilities" and "Other non-current accrued liabilities", for the six months ended June 30, 2021 and 2020:
(in millions)20212020
Restructuring accruals - January 1$29 $27 
Restructuring charges8 40 
Cash payments(18)(12)
Asset impairment(1)(17)
Foreign currency and other— (1)
Restructuring accruals - June 30$18 $37 
By segment:
Water Infrastructure$3 $4 
Applied Water1 1 
Measurement & Control Solutions11 27 
Regional selling locations (a)3 4 
Corporate and other— 1 
(a)Regional selling locations consist primarily of selling and marketing organizations and related support services that incurred restructuring expense which was allocated to the segments. The liabilities associated with restructuring expense were not allocated to the segments.
The following table presents expected restructuring spend in 2021 and thereafter:
(in millions)Water InfrastructureApplied WaterMeasurement & Control SolutionsCorporateTotal
Actions Commenced in 2021:
Total expected costs$5 $— $— $— $5 
Costs incurred during Q1 20211 — — — 1 
Costs incurred during Q2 20211 — — — 1 
Total expected costs remaining$3 $— $— $— $3 
Actions Commenced in 2020:
Total expected costs$25 $8 $33 $2 $68 
Costs incurred during 202019 4 30 — 53 
Costs incurred during Q1 20212 1 1 — 4 
Costs incurred during Q2 20212 — — — 2 
Total expected costs remaining$2 $3 $2 $2 $9 
The Water Infrastructure actions commenced in 2021 consist primarily of severance charges. These actions are expected to continue through the second quarter of 2022.
The Water Infrastructure, Applied Water, and Measurement & Control Solutions actions commenced in 2020 consist primarily of severance charges across segments and asset impairment charges in our Measurement & Control Solutions segment. These actions are expected to continue through the second quarter of 2022.
During the second quarter of 2020 the discontinuance of a product line resulted in $17 million of asset impairments, primarily related to customer relationships, trademarks and fixed assets within our Measurement & Control Solutions segment.
Asset Impairment
During the second quarter of 2020 we determined that internally developed in-process software within our Measurement & Control Solutions segment was impaired as a result of actions taken to prioritize strategic investments. Accordingly, we recognized an impairment charge of $10 million. Refer to Note 7, "Goodwill and Other Intangible Assets," for additional information.