Quarterly report pursuant to Section 13 or 15(d)

Productivity, Integration and Restructuring Initiatives (Tables)

v3.21.2
Productivity, Integration and Restructuring Initiatives (Tables)
 6 Months Ended
Jul. 02, 2021
Productivity integration and restructuring initiatives  
Strategic Alignment Initiatives Costs
The following tables summarize the balance of accrued expenses related to these strategic realignment initiatives and the changes in the accrued amounts as of and for the three and six months ended July 2, 2021 (in millions):
Severance Pay
and Benefits		 Outside Services Other
Direct Costs		 Total
Accrued balance April 2, 2021 $ 143  $ 1  $ 3  $ 147 
Costs incurred 45  10  3  58 
Payments (130) (8) (2) (140)
Noncash and exchange (29)
1
 (2) —  (31)
Accrued balance July 2, 2021 $ 29  $ 1  $ 4  $ 34 
1 Includes pension benefit plan settlement charges. Refer to Note 13.
Severance Pay
and Benefits		 Outside Services Other
Direct Costs		 Total
Accrued balance December 31, 2020 $ 181  $ 1  $ 3  $ 185 
Costs incurred 186  16  3  205 
Payments (252) (14) (2) (268)
Noncash and exchange (86)
1
 (2) —  (88)
Accrued balance July 2, 2021 $ 29  $ 1  $ 4  $ 34 
1 Includes pension benefit plan settlement charges. Refer to Note 13.
Productivity and Reinvestment [Table Text Block]
The following tables summarize the balance of accrued expenses related to our productivity and reinvestment program and the changes in the accrued amounts as of and for the three and six months ended July 2, 2021 (in millions):
Severance Pay
and Benefits		 Outside Services Other
Direct Costs		 Total
Accrued balance April 2, 2021 $ 15  $ —  $ 2  $ 17 
Costs incurred 2  12  8  22 
Payments (1) (12) (7) (20)
Noncash and exchange —  —  —  — 
Accrued balance July 2, 2021 $ 16  $ —  $ 3  $ 19 
Severance Pay
and Benefits		 Outside Services Other
Direct Costs		 Total
Accrued balance December 31, 2020 $ 15  $ —  $ 2  $ 17 
Costs incurred 2  29  9  40 
Payments (1) (29) (13) (43)
Noncash and exchange —  —  5  5 
Accrued balance July 2, 2021 $ 16  $ —  $ 3  $ 19