Restructuring and Other

6 Months Ended

Jun. 30, 2023

Restructuring and Related Activities [Abstract]

Restructuring and OtherThe Company recorded restructuring and other items as follows:


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
Asset sales and impairments	$	1	$	(110)	3		(115)
Restructuring	5		35		14		38
Other costs	—		2		—		3

	$	6	$	(73)	$	17	$	(74)

For the three and six months ended June 30, 2023, restructuring primarily included headcount reductions in the Company's European Beverage and Other segments.

For the three and six months ended June 30, 2022, asset sales and impairments primarily related to a $113 gain on the sale of the Transit Packaging segment's Kiwiplan business. For the six months ended June 30, 2022, asset sales and impairments also included various land and building sales in the Company's Asia-Pacific segment which were closed as part of prior restructuring actions.

For the three and six months ended June 30, 2022, restructuring included $29 of charges related to an overhead cost reduction program initiated by the Company's Transit Packaging segment. The Company made severance payments of $7 in the six months ended June 30, 2023 and had a remaining accrual of $10 related to this program.

At June 30, 2023, the Company had a restructuring accrual of $32, primarily related to the actions referenced above. The Company expects to pay these amounts over the next twelve months. The Company continues to review its costs structure and may record additional restructuring charges in the future.