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Restructuring and Other
12 Months Ended
Dec. 31, 2024
Expense Of Restructuring Activities And Other [Abstract]  
Restructuring and Other
(22)
Restructuring and Other

Restructuring

The Company recorded restructuring charges of $4 in 2024, primarily related to severance costs incurred as a result of a global cost-saving initiative implemented in the fourth quarter of 2023. The Company recorded restructuring charges of $20 in 2023, primarily related to severance costs incurred as a result of various global cost-saving initiatives implemented in 2023.

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

 

 

Years Ended December 31,

 

 

 

2024

 

 

2023

 

Restructuring accrual, beginning of period

 

$

9

 

 

$

3

 

Charged to expense

 

 

4

 

 

 

20

 

Payments and adjustments

 

 

(10

)

 

 

(14

)

Restructuring accrual, end of period

 

$

3

 

 

$

9

 

 

Other

The Company recorded other charges of $2 in 2024 related to legal matters.