Quarterly report pursuant to Section 13 or 15(d)


9 Months Ended
Sep. 30, 2022
Restructuring and Related Activities [Abstract]  
RESTRUCTURING RESTRUCTURINGIn February 2012, the Company announced a productivity and reinvestment program designed to strengthen our brands and reinvest our resources to drive long-term profitable growth. The program was expanded multiple times, with the last expansion occurring in April 2017. While we expect most of the remaining initiatives included in this program, which are primarily designed to further simplify and standardize our organization, to be completed by the end of 2023, certain initiatives may extend into 2024.During the three and nine months ended September 30, 2022, the Company incurred expenses of $27 million and $56 million, respectively, and during the three and nine months ended October 1, 2021 incurred expenses of $31 million and $71 million, respectively, related to our productivity and reinvestment program. These expenses primarily included internal and external costs associated with the implementation of the program’s initiatives and were recorded in the line item other operating charges in our consolidated statements of income. Refer to Note 16 for the impact these expenses had on our operating segments and Corporate. The Company has incurred total pretax expenses of $4,100 million related to this program since it commenced.