As of March 31, 2024, the majority of the restructuring reserve balance is attributed to global structural cost reduction program activities initiated in Europe in 2023. These activities are expected to be concluded during 2024 and 2025.

The cash payments for the three months periods ended March 31, 2024 and 2023 relate to restructuring activities in Europe.

The table below summarizes the change in the balance sheet position of the employee-related restructuring reserves (dollars in millions). The restructuring reserve balances are included within Accrued expenses in the Condensed Consolidated Balance Sheets. The changes in the employee-related reserves have been charged against Other income (expense), net in the Consolidated Statements of Income. Restructuring costs other than employee related costs are immaterial for all periods presented.


	Three Months Ended March 31,
	2024			2023
Reserve at beginning of the period	$	213		$	32
Provision - charge		1			2
Provision - reversal		0			(0	)
Cash payments		(16	)		(5	)
Translation difference		(6	)		1
Reserve at end of the period	$	193		$	29