Restructuring Charges

6 Months Ended

Jun. 30, 2021

Restructuring and Related Activities [Abstract]

During 2020, our management initiated and approved a broad restructuring plan in response to the dislocation of the global energy market resulting from the decline in oil prices and the COVID-19 pandemic. As part of the plan, management approved strategic business restructuring activities and decided to discontinue pursuing certain projects, principally lump-sum EPC and commoditized construction services. The restructuring plan was designed to refine our market focus, optimize costs, and improve operational efficiencies. The restructuring charges were substantially completed in 2020 and the details of the restructuring charges and asset impairments incurred through fiscal year 2020 are provided in the table below.


Dollars in millions	Severance		Lease Abandonment		Other		Total Restructuring Charges		Asset Impairments		Total Restructuring Charges & Asset Impairments
Government Solutions	$	2	$	—	$	—	$	2	$	—	$	2
Sustainable Technology Solutions	29		4		6		39		49		88
Other	1		54		20		75		49		124
Total	$	32	$	58	$	26	$	116	$	98	$	214

The restructuring liability at June 30, 2021, was $78 million, of which $24 million is included in "Other current liabilities" and $54 million is included in "Other liabilities." A reconciliation of the beginning and ending restructuring liability balances is provided in the following table.


Dollars in millions	Severance		Lease Abandonment		Other		Total
Balance at January 1, 2021	$	15	$	52	$	24	$	91

Lease restructuring charges related to operating lease liabilities	—		2		—		2
Cash payments / settlements during the period	(7)		(3)		(3)		(13)
Currency translation and other adjustments	(2)		—		—		(2)
Balance at June 30, 2021	$	6	$	51	$	21	$	78