Restructuring, Facility Consolidation and Severance Charges (Tables)

6 Months Ended

Jun. 30, 2020

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Charges

The following table presents restructuring and severance charges for the Successor Period and Predecessor Period.

	Successor		Predecessor		Successor		Predecessor
	Three Months Ended		Three Months Ended		Six Months Ended		Six Months Ended
(Dollars in millions)	6/30/2020		6/30/2019		6/30/2020		6/30/2019
Severance Charges	$	55	$	1	$	78	$	3
Facility Consolidation and Other Charges	2		15		5		29
Asset Related Charges (non-cash)	—		4		—		8
Total Restructuring and Severance Charges	$	57	$	20	$	83	$	40

The following table presents total restructuring and severance charges by reporting segment and Corporate for the Successor Period and Predecessor Period.

	Successor		Predecessor		Successor		Predecessor
	Three Months Ended		Three Months Ended		Six Months Ended		Six Months Ended
(Dollars in millions)	6/30/2020		6/30/2019		6/30/2020		6/30/2019
Western Hemisphere	$	26	$	10	$	41	$	15
Eastern Hemisphere	11		2		17		7
Corporate	20		8		25		18
	$	57	$	20	$	83	$	40

Schedule of Restructuring Reserve by Type of Cost

The following table presents total restructuring and severance accrual activity charges, payments and other changes for the Successor Period ended June 30, 2020.

(Dollars in millions)	Accrued Balance at December 31, 2019		Charges		Cash Payments		Other		Accrued Balance at June 30, 2020
Restructuring and Severance Reserve	$	66	$	83	$	(75)	$	(12)	$	62