Annual report pursuant to Section 13 and 15(d)

RESTRUCTURING (Tables)

v3.22.4
RESTRUCTURING (Tables)
 12 Months Ended
Dec. 31, 2022
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
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 
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)
2
 (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 
1Includes stock-based compensation modifications and other postretirement benefit plan curtailment charges. Refer to Note 12 and Note 13.
2Includes pension settlement charges. Refer to Note 13.
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
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 
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