BUSINESS OPTIMIZATION CHARGES (Tables)

3 Months Ended

Mar. 31, 2022

Restructuring and Related Activities [Abstract]

Summary of Business Optimization Charges

During the three months ended March 31, 2022 and 2021, we recorded the following charges related to business optimization programs.

	Three Months Ended March 31,
(in millions)	2022		2021
Restructuring charges	$	67	$	25
Costs to implement business optimization programs	14		2
Total business optimization charges	$	81	$	27

Components of Restructuring Charges

During the three months ended March 31, 2022 and 2021, we recorded the following restructuring charges.

	Three months ended March 31, 2022
(in millions)	COGS		SG&A		R&D		Total
Employee termination costs	$	2	$	47	$	—	$	49
Contract termination and other costs	—		12		—		12
Asset impairments	—		6		—		6
Total restructuring charges	$	2	$	65	$	—	$	67

	Three months ended March 31, 2021
(in millions)	COGS		SG&A		R&D		Total
Employee termination costs	$	16	$	5	$	—	$	21
Asset impairments	4		—		—		4
Total restructuring charges	$	20	$	5	$	—	$	25

Summary of Activity in Reserves Related to Restructuring Initiatives

The following table summarizes activity in the liability related to our restructuring initiatives.

(in millions)
Liability balance as of December 31, 2021	$	109
Charges	61
Payments	(31)
Currency translation	(2)
Liability balance as of March 31, 2022	$	137