The Company recorded restructuring charges of $1 and $13 during the three and nine months ended September 30, 2023, respectively, primarily related to severance costs due to global cost-saving initiatives implemented in each of the first and second quarters of 2023. The Company recorded restructuring charges of $5 during the three months ended September 30, 2022, primarily related to executive payments related to the Atotech Acquisition, and $10 during the nine months ended September 30, 2022, primarily related to severance costs due to a global cost-saving initiative, the closure of two facilities in Europe and executive payments related to the Atotech Acquisition.

Restructuring activities were as follows:


	Nine Months Ended September 30,
	2023			2022
Restructuring accrual beginning of period	$	3		$	3
Charged to expense		13			10
Payments and adjustments		(10	)		(10	)
Restructuring accrual end of period	$	6		$	3