Restructuring and other charges consist of severance and employee costs related to workforce reductions and costs associated with the Verizon merger and other restructuring activities.

During the nine-month period ended September 30, 2025, we incurred $73 million in restructuring charges and other costs consisting of a minimal charge in pension/OPEB special termination benefit enhancements related to a voluntary separation program, $34 million of severance and employee costs resulting from workforce reductions, and $39 million primarily related to consulting and legal costs due to the Verizon merger and other restructuring activities.

During the nine-month period ended September 30, 2024, we incurred $88 million in restructuring charges and other costs consisting of $11 million in pension/OPEB special termination benefit enhancements related to a voluntary separation program, $25 million of severance and employee costs resulting from workforce reductions, and $52 million of costs related to other restructuring activities.

The following is a summary of the changes in the liabilities established for restructuring and related programs:



($ in millions)

Balance at January 1, 2025	$	9
Severance expense		34
Other costs		39
Cash payments during the period		(80)
Balance at September 30, 2025	$	2