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RESTRUCTURING, ACQUISITION AND DIVESTITURE-RELATED COSTS (Tables) | 6 Months Ended
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Jun. 30, 2023
Restructuring and Related Activities [Abstract] |
Schedule of Restructuring Costs on the Consolidated Statements of Earnings | The following table presents the impact and respective location of total restructuring, acquisition and divestiture-related costs on the Consolidated Statements of Earnings, which are included within Corporate, Other and Eliminations (in millions):
|  | Three Months Ended June 30, | Six Months Ended June 30,
Type of cost | Location | 2023 | 2022 | 2023 | 2022
Accelerated depreciation | Cost of sales | $ | 22 |  | $ | 7 |  | $ | 23 |  | $ | 13 |
Other exit costs | Cost of sales | 1 |  | — |  | 8 |  | — |
Other exit costs | Marketing and administrative expenses | 1 |  | 3 |  | 1 |  | 3 |
Acquisition-related costs | Marketing and administrative expenses | — |  | 3 |  | — |  | 3 |
Severance | Other expense (income), net | 16 |  | 1 |  | 25 |  | 1 |
Other exit costs | Other expense (income), net | — |  | 29 |  | 1 |  | 2 |
Accelerated amortization | Other expense (income), net | 7 |  | — |  | 7 |  | — |
Gain on sale of Santa Clara, California site | Gain on sale of site | — |  | — |  | (189) |  | — |
Total restructuring, acquisition and divestiture-related costs (gains) |  | $ | 47 |  | $ | 43 |  | $ | (124) |  | $ | 22 |
Schedule of Restructuring Reserve by Type of Cost | The following table summarizes the status of the unpaid liabilities from the Company’s restructuring activities (in millions):
| Protective Packaging Exit | Wabash Facility Closure | European Operating Structure Optimization | Composites Strategic Realignment Actions | Roofing Restructuring Actions | Santa Clara Insulation Site |  |  |  |  |  |  |  |
Balance at December 31, 2022 | $ | — |  | $ | — |  | $ | — |  | $ | 1 |  | $ | — |  | $ | 7 |  |  |  |  |  |  |  |  |
Restructuring costs | 29 |  | 15 |  | 12 |  | 3 |  | 1 |  | 5 |  |  |  |  |  |  |  |  |
Payments | — |  | — |  | (2) |  | (3) |  | (1) |  | (11) |  |  |  |  |  |  |  |  |
Accelerated depreciation and other non-cash items | (17) |  | (12) |  | — |  | — |  | — |  | (1) |  |  |  |  |  |  |  |  |
Balance at June 30, 2023 | $ | 12 |  | $ | 3 |  | $ | 10 |  | $ | 1 |  | $ | — |  | $ | — |  |  |  |  |  |  |  |  |
Cumulative charges incurred | $ | 29 |  | $ | 15 |  | $ | 12 |  | $ | 12 |  | $ | 9 |  | $ | 65 |  |  |  |  |  |  |  |  |

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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 -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
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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 -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
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