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Restructuring and Other | 6 Months Ended
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Jun. 30, 2019
Restructuring Reserve [Abstract] |
Restructuring and Other | Restructuring and Other The Company recorded restructuring and other charges / (benefits) as follows:
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Asset impairments and sales | $ | (9 | ) |  | $ | — |  |  | $ | (5 | ) |  | $ | 7 |
Restructuring | 5 |  |  | 3 |  |  | 14 |  |  | 6 |
Transaction costs | — |  |  | 19 |  |  | — |  |  | 22 |
Other income | (41 | ) |  | (6 | ) |  | (50 | ) |  | (6 | )
| $ | (45 | ) |  | $ | 16 |  |  | $ | (41 | ) |  | $ | 29 |
For the three and six months ended June 30, 2019, other income is related to gains arising from favorable court rulings in lawsuits brought by certain of the Company's Brazilian subsidiaries claiming they were overcharged by the local tax authorities for indirect taxes paid in prior years. For the three and six months ended June 30, 2018, other income included a benefit due to favorable settlement of a litigation matter related to Mivisa that arose prior to acquisition by the Company in 2014. For the three and six months ended June 30, 2019, asset impairments and sales included gains related to asset sales partially offset by a charge of $6 related to a fire at a production facility in Asia. For the three and six months ended June 30, 2019, restructuring included a charge of $8 related to headcount reductions in the Company's European Division. For the three and six months ended June 30, 2018, transaction costs related to the Signode acquisition. At June 30, 2019, the Company had restructuring accruals of $21, primarily related to current and prior year actions to reduce manufacturing capacity and headcount in its European businesses. The Company expects to pay these amounts over the next twelve months. The Company continues to review its supply and demand profile and long-term plans in its businesses, and it is possible that the Company may record additional restructuring charges in the future.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
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- References No definition available. + Details
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