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Restructuring and Other
9 Months Ended
Sep. 30, 2022
Expense Of Restructuring Activities And Other [Abstract]  
Restructuring and Other

17) Restructuring and Other

Restructuring

Restructuring and other costs during the three months ended September 30, 2022 totaled $5 and were primarily related to executive payments related to the Atotech Acquisition. Restructuring and other costs during nine months ended September 30, 2022 totaled $10 and were primarily related to severance costs due to a global cost-saving initiative and the closure of two facilities in Europe as well as executive payments related to the Atotech Acquisition. The Company recorded restructuring charges of $1 and $6 during the three and nine months ended September 30, 2021, respectively. Restructuring charges for the nine months ended September 30, 2021 primarily related to severance costs due to the announced closing of a facility in Europe, the movement of certain products to low-cost regions, and a global cost saving initiative.

Restructuring activities were as follows:

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

Restructuring accrual beginning of period

 

$

3

 

 

$

 

Charged to expense

 

 

10

 

 

 

6

 

Payments and adjustments

 

 

(10

)

 

 

(6

)

Restructuring accrual end of period

 

$

3

 

 

$

 

Other

The Company recorded charges of $1 and $4 during the three and nine months ended September 30, 2021, respectively, related to duplicate facility costs.