Restructuring and Other

12 Months Ended

Dec. 31, 2022

Expense Of Restructuring Activities And Other [Abstract]

Restructuring and Other

21)Restructuring and Other

Restructuring

Restructuring costs were $10 in 2022, primarily related to severance costs due to a global cost-saving initiative and the closure of two facilities in Europe, as well as executive payments related to the Atotech Acquisition. Restructuring costs totaled $7 in 2021, primarily related to severance costs due to a global cost-saving initiative, costs related to the pending closure of two facilities in Europe and the movement of the manufacturing of products to low-cost regions.

The activity related to the Company’s restructuring accrual is shown below:

	2022			2021
Balance at January 1	$	3		$	—
Charged to expense		10			7
Payments and adjustments		(10	)		(4	)
Balance at December 31	$	3		$	3

Other

During 2021, the Company recorded charges of $3 related primarily to duplicate facility costs.