XML 42 R23.htm IDEA: XBRL DOCUMENT v3.23.2
Restructuring
6 Months Ended
Jun. 30, 2023
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring
The following table summarizes restructuring reserve activity for the period indicated (in millions):
 Three Months Ended June 30, 2023Six Months Ended June 30, 2023
Accrued liability, beginning of period$28 $— 
Charges— 42 
Payments(22)(36)
Adjustments(1)(1)
Accrued liability, end of period$$

During the first quarter of 2023, management announced plans that included a reduction in workforce and other exit costs. The reduction was substantially completed in the first quarter of 2023 and resulted in a pre-tax charge of $42 million. Restructuring charges are included in general and administrative expenses in the condensed consolidated statement of income.