Annual report pursuant to Section 13 and 15(d)

RESTRUCTURING (Tables)

v3.20.4
RESTRUCTURING (Tables)
 12 Months Ended
Dec. 31, 2020
Restructuring and Related Activities [Abstract]  
Strategic Alignment Initiatives Costs
The following table summarizes the balance of accrued expenses related to these strategic realignment initiatives (in millions):
Severance Pay
and Benefits		 Outside Services Other
Direct Costs		 Total
2020
Costs incurred $ 386  $ 37  $ 4  $ 427 
Payments (170) (36) (1) (207)
Noncash and exchange (35)
1
 —  —  (35)
Accrued balance at end of year $ 181  $ 1  $ 3  $ 185 
1 Includes stock-based compensation modification and other postretirement benefit plan curtailment charges.
Productivity and Reinvestment
The following table summarizes the balance of accrued expenses related to these productivity and reinvestment initiatives and the changes in the accrued amounts (in millions):
Severance Pay
and Benefits		 Outside Services Other
Direct Costs		 Total
2018
Accrued balance at beginning of year $ 190  $ 1  $ 15  $ 206 
Costs incurred 164  92  252  508 
Payments (209) (83) (211) (503)
Noncash and exchange (69)
1
 —  (52) (121)
Accrued balance at end of year $ 76  $ 10  $ 4  $ 90 
2019
Accrued balance at beginning of year $ 76  $ 10  $ 4  $ 90 
Costs incurred 36  87  141  264 
Payments (57) (98) (119) (274)
Noncash and exchange 3 
1
 2  (19) (14)
Accrued balance at end of year $ 58  $ 1  $ 7  $ 66 
2020        
Accrued balance at beginning of year $ 58  $ 1  $ 7  $ 66 
Costs incurred (12) 69  42  99 
Payments (29) (70) (36) (135)
Noncash and exchange (2)

—  (11) (13)
Accrued balance at end of year $ 15  $ —  $ 2  $ 17 
1Includes pension settlement charges. Refer to Note 13.