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Restructuring and Other
 12 Months Ended
Dec. 31, 2019
Restructuring and Related Activities [Abstract]  
Restructuring and Other
Restructuring and Other

The Company recorded restructuring and other items as follows:
 
2019
 
2018
 
2017
Asset impairments and sales
$
(7
)
 
$
(5
)
 
$
12

Restructuring
22

 
25

 
18

Transaction costs
—

 
26

 
2

Other (income) / costs
(41
)
 
(2
)
 
19

 
$
(26
)
 
$
44

 
$
51



In 2019, asset impairments and sales included gains of $13 related to asset sales partially offset by a charge of $6 related to a fire at a production facility in Asia.

Restructuring costs in 2019 included charges of $18 of termination benefits related to headcount reductions across the Company's divisions, including $14 related to headcount reductions in the Company's European and Transit Packaging divisions.

Other (income) / costs of $41 in 2019 included gains of $50 arising from favorable court rulings related to the recovery of indirect taxes paid in prior years by certain of the Company's Brazilian subsidiaries and a charge of $7 related to the settlement of a litigation matter related to Signode that arose prior to its acquisition by the Company in 2018.

In 2018, the Company recorded asset impairment charges of $13 to write down the carrying value of fixed assets related to the announced closure of two beverage can plants in the Company's Asia Pacific segment. The Company announced plans to close the plants in response to economic conditions in China. Asset impairment and sales also includes gains on asset sales related to prior restructuring actions.

Restructuring costs in 2018 included $5 for termination benefits related to the closure of two beverage can plants in the Company's Asia Pacific segment discussed above, $12 of termination benefits related to other actions to reduce manufacturing capacity and headcount and other exit costs of $8 related to prior and current year restructuring actions.

In 2017, asset impairments and sales included a charge of $19 to write down the carrying value of fixed assets related to the closure of beverage can plants in China and the U.S., a promotional packaging facility in Europe and a food can facility in Peru. Asset impairments and sales also included a benefit of $5 due to the expiration of an environmental indemnification related to the sale of certain operations in the Company's European Promotional Packaging business in 2015. Additionally, the Company recorded restructuring charges of $18 for termination benefits related to the plant closures listed above.

Transaction costs in 2018 and 2017 relate to the acquisition of Signode as described in Note B.

In 2017, other costs included a charge of $19 due to the settlement of a litigation matter related to Mivisa that arose prior to its acquisition by the Company in 2014. In 2018, the Company recorded a benefit of $6 due to the favorable settlement of this matter.

Restructuring charges by segment were as follows:
 
2019
 
2018
 
2017
Americas Beverage
$
1

 
$
4

 
$
3

European Beverage
—

 
1

 
—

European Food
4

 
4

 
4

Asia Pacific
3

 
5

 
3

Transit Packaging
6

 
3

 
—

Non-reportable segments
5

 
5

 
8

Corporate
3

 
3

 
—

 
$
22

 
$
25


$
18



Restructuring charges by type were as follows:
 
2019
 
2018
 
2017
Termination benefits
$
18

 
$
17

 
$
15

Other exit costs
4

 
8

 
3

 
$
22

 
$
25

 
$
18


At December 31, 2019, the Company had a restructuring accrual of $17, primarily related to the closure of the beverage can plants in China discussed above, and 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.