Annual report pursuant to Section 13 and 15(d)

RESTRUCTURING (Tables)

v3.24.0.1
RESTRUCTURING (Tables)
 12 Months Ended
Dec. 31, 2023
Restructuring and Related Activities [Abstract]  
Strategic Realignment 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
2021
Accrued balance at beginning of year $ 181  $ 1  $ 3  $ 185 
Costs incurred 224  37  2  263 
Payments (265) (35) (3) (303)
Noncash and exchange (120)
1
 (2) —  (122)
Accrued balance at end of year $ 20  $ 1  $ 2  $ 23 
2022
Accrued balance at beginning of year $ 20  $ 1  $ 2  $ 23 
Costs incurred (4) —  (2) (6)
Payments (15) —  —  (15)
Noncash and exchange 1  —  —  1 
Accrued balance at end of year $ 2  $ 1  $ —  $ 3 
2023
Accrued balance at beginning of year $ 2  $ 1  $ —  $ 3 
Payments (2) —  —  (2)
Noncash and exchange —  (1) —  (1)
Accrued balance at end of year $ —  $ —  $ —  $ — 
1Includes pension settlement charges. Refer to Note 14.
Restructuring And Related Costs North America OU
The following table summarizes the balance of accrued expenses related to these North America operating unit restructuring initiatives (in millions):
Severance Pay
and Benefits		 Outside Services Other
Direct Costs		 Total
2022
Costs incurred $ 38  $ —  $ —  $ 38 
Payments (1) —  —  (1)
Accrued balance at end of year $ 37  $ —  $ —  $ 37 
2023
Accrued balance at beginning of year $ 37  $ —  $ —  $ 37 
Costs incurred 22  1  4  27 
Payments (58) (1) (4) (63)
Accrued balance at end of year $ 1  $ —  $ —  $ 1 
Productivity and Reinvestment Initiatives Costs
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
2021
Accrued balance at beginning of year $ 15  $ —  $ 2  $ 17 
Costs incurred 4  97  14  115 
Payments (6) (97) (14) (117)
Noncash and exchange (1) —  3  2 
Accrued balance at end of year $ 12  $ —  $ 5  $ 17 
2022
Accrued balance at beginning of year $ 12  $ —  $ 5  $ 17 
Costs incurred (4) 81  8  85 
Payments (2) (81) (11) (94)
Noncash and exchange (2) —  —  (2)
Accrued balance at end of year $ 4  $ —  $ 2  $ 6 
2023        
Accrued balance at beginning of year $ 4  $ —  $ 2  $ 6 
Costs incurred (1) 131  34  164 
Payments —  (124) (42) (166)
Noncash and exchange —  (7) 6  (1)
Accrued balance at end of year $ 3  $ —  $ —  $ 3