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Restructuring and Other
9 Months Ended
Sep. 30, 2024
Expense Of Restructuring Activities And Other [Abstract]  
Restructuring and Other
(16)
Restructuring and Other

The Company recorded restructuring and other charges of $1 and $6 during the three and nine months ended September 30, 2024, respectively, primarily related to severance costs incurred as a result of a global cost-saving initiative implemented in the fourth quarter of 2023. Restructuring and other charges for the nine months ended September 30, 2024 also included a $1 charge related to a legal matter. 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 incurred as a result of a global cost-saving initiative implemented in each of the first and second quarters of 2023.

The activity related to the Company’s restructuring accrual is shown below:

 

 

Nine Months Ended September 30,

 

 

 

2024

 

 

2023

 

Restructuring accrual, beginning of period

 

$

9

 

 

$

3

 

Charged to expense

 

 

5

 

 

 

13

 

Payments and adjustments

 

 

(10

)

 

 

(10

)

Restructuring accrual, end of period

 

$

4

 

 

$

6