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Restructuring and impairment charges (Tables) | 12 Months Ended
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Dec. 31, 2023
Restructuring and Related Activities [Abstract] |
Summary of Current Cost Estimates by Major Type of Cost | The following table provides a summary of the cost estimates by major type of expense associated with the 2023 restructuring plan:
| Total estimated amount expected to be incurred
Plan expense estimates: | (Dollars in millions)
Restructuring charges (1) | $12 million to $15 million
Restructuring related charges (2) | $3 million to $4 million
Total restructuring and restructuring related charges | $15 million to $19 million
(1) Substantially all of the charges consist of employee termination benefit cost. (2) Restructuring related charges represent costs that are directly related to the program and consist primarily of retention bonuses offered to certain employees expected to remain with our company after completion of the program, which will result in cash outlays and most of which are expected to be made in 2025. Substantially all of the restructuring related charges are expected to be recognized within selling, general and administrative expenses. The following table provides a summary of our estimates of restructuring and restructuring related charges by major type of expense associated with the 2023 Footprint realignment plan:
| Total estimated amount expected to be incurred
Plan expense estimates: | (Dollars in millions)
Restructuring charges (1) | $4 million to $6 million
Restructuring related charges (2) | $7 million to $9 million
Total restructuring and restructuring related charges | $11 million to $15 million
(1) Substantially all of the charges consist of employee termination benefit costs. (2)Restructuring related charges represent costs that are directly related to the 2023 Footprint realignment plan and principally constitute costs to transfer manufacturing operations to existing lower-cost locations and project management costs. Substantially all of these charges are expected to be recognized within cost of goods sold.
Schedule of Restructuring Reserve | The following table summarizes the restructuring reserve activity related to our 2023 Restructuring plan and 2023 Footprint realignment plan:
| 2023 Restructuring plan |  | 2023 Footprint realignment plan
Accruals | $ | 12,535 |  |  | $ | 1,451 |
Cash payments | (114) |  |  | (108) |
Foreign currency translation and other | 20 |  |  | — |
Balance at December 31, 2023 (1) | $ | 12,441 |  |  | $ | 1,343 |
(1)The restructuring reserves as of December 31, 2023 consisted mainly of accruals related to termination benefits. Other costs (facility closure, employee relocation, equipment relocation and outplacement costs) were expensed and paid in the same period.
Restructuring and Other Impairment Charges | The restructuring and impairment charges recognized for the years ended December 31, 2023, 2022, and 2021 consisted of the following:
| 2023
| Termination benefits |  | Other Costs (1) |  | Total
2023 Restructuring plan | $ | 12,535 |  |  | $ | — |  |  | $ | 12,535 |
2023 Footprint realignment plan | 1,451 |  |  | — |  |  | 1,451 |
2022 Restructuring plan | 2,759 |  |  | 369 |  |  | 3,128 |
Respiratory divestiture plan | (946) |  |  | 17 |  |  | (929) |
Other restructuring programs (2) | (1,015) |  |  | 434 |  |  | (581) |
Total restructuring and impairment charges | $ | 14,784 |  |  | $ | 820 |  |  | $ | 15,604 |
| 2022
| Termination benefits |  | Other Costs (1) |  | Total
2022 Restructuring plan | $ | 15,465 |  |  | $ | 58 |  |  | $ | 15,523 |
Respiratory divestiture plan | 504 |  |  | 74 |  |  | 578 |
2019 Footprint realignment plan | (1,120) |  |  | 133 |  |  | (987) |
2018 Footprint realignment plan | 1,230 |  |  | 846 |  |  | 2,076 |
Other restructuring programs (2) | 1,306 |  |  | 306 |  |  | 1,612 |
Total restructuring charges | 17,385 |  |  | 1,417 |  |  | 18,802 |
Asset impairment charges | — |  |  | 1,497 |  |  | 1,497 |
Total restructuring and impairment charges | $ | 17,385 |  |  | $ | 2,914 |  |  | $ | 20,299 |
| 2021
| Termination benefits |  | Other Costs (1) |  | Total
Respiratory divestiture plan | $ | 2,687 |  |  | $ | 7 |  |  | $ | 2,694 |
2021 Restructuring plan | 7,280 |  |  | 77 |  |  | 7,357 |
2019 Footprint realignment plan | (111) |  |  | 364 |  |  | 253 |
2018 Footprint realignment plan | 2,335 |  |  | 141 |  |  | 2,476 |
Other restructuring programs (3) | (429) |  |  | 2,648 |  |  | 2,219 |
Total restructuring charges | 11,762 |  |  | 3,237 |  |  | 14,999 |
Asset impairment charges | — |  |  | 6,739 |  |  | 6,739 |
Total restructuring and impairment charges | $ | 11,762 |  |  | $ | 9,976 |  |  | $ | 21,738 |
(1)Includes facility closure, contract termination and other exit costs. (2)Includes activity primarily related to a restructuring plan initiated in the first quarter of 2022 that is designed to relocate manufacturing operations at certain of our facilities (the "2022 Manufacturing relocation plan") and our 2014, 2018, and 2019 Footprint realignment plans. (3)Includes the 2020 Workforce reduction plan and the 2014 Footprint realignment plan.

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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
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