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Restructuring and Other
9 Months Ended
Sep. 30, 2019
Restructuring Reserve [Abstract]  
Restructuring and Other
Restructuring and Other

The Company recorded restructuring and other charges / (benefits) as follows:
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2019
 
2018
 
2019
 
2018
Asset impairments and sales
$
(3
)
 
$
(13
)
 
$
(8
)
 
$
(6
)
Restructuring
3

 
9

 
17

 
15

Transaction costs

 

 

 
22

Other income

 
3

 
(50
)
 
(3
)
 
$

 
$
(1
)
 
$
(41
)
 
$
28



For the nine months ended September 30, 2019, asset impairments and sales included gains related to asset sales partially offset by a charge of $6 related to a fire at a production facility in Asia. Restructuring included a charge of $8 related to headcount reductions in the Company's European Division.

For the nine months ended September 30, 2019, other income is related to gains arising from favorable court rulings related to the recovery of indirect taxes paid in prior years by certain of the Company's Brazilian subsidiaries.

For the nine months ended September 30, 2018, transaction costs related to the Signode acquisition.

At September 30, 2019, the Company had restructuring accruals of $20, primarily related to current and prior year actions to reduce manufacturing capacity and headcount in its European businesses. The Company expects to pay these amounts over the next twelve months. The Company continues to review its supply and demand profile and long-term plans in its businesses, and it is possible that the Company may record additional restructuring charges in the future.