Restructuring and Impairment Charges (Tables)

6 Months Ended

Jun. 30, 2020

Restructuring and Impairment Charges

Summary of restructuring/impairment charges

A summary of the Company’s employee-related severance accrual as of June 30, 2020 is as follows (in millions):

Balance in severance accrual as of December 31, 2019	$	15
Cost Smart cost of sales and SG&A		3
Payments made to terminated employees		(9)
Foreign exchange translation		(1)
Balance in severance accrual as of June 30, 2020	$	8

Summary of assets classified as held for sale reflected in balance sheet

(in millions)		June 30, 2020		December 31, 2019
Other assets	$	13	$	—