Restructuring Activities (Tables)

6 Months Ended

Jul. 01, 2023

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Reserve by Type of Cost

Our net liability balance for restructuring project costs that qualify as exit and disposal costs under U.S. GAAP was (in millions):

	Severance and Employee Benefit Costs		Other Exit Costs		Total
Balance at December 31, 2022	$	28	$	11	$	39
Cash payments	(17)		(1)		(18)
Non-cash utilization	(2)		(1)		(3)
Balance at July 1, 2023	$	9	$	9	$	18

Restructuring Costs by Type and Income Statement Location

Total expense/(income) related to restructuring activities, by income statement caption, were (in millions):

	For the Three Months Ended				For the Six Months Ended
	July 1, 2023		June 25, 2022		July 1, 2023		June 25, 2022
Severance and employee benefit costs - Cost of products sold	$	3	$	—	$	5	$	(3)
Severance and employee benefit costs - SG&A	(3)		(1)		(7)		12
Severance and employee benefit costs - Other expense/(income)	—		—		2		—
Asset-related costs - Cost of products sold	(11)		3		(9)		7
Asset-related costs - SG&A	(1)		—		(1)		—
Other costs - Cost of products sold	2		3		4		6
Other costs - SG&A	—		6		(12)		8
	$	(10)	$	11	$	(18)	$	30

Restructuring Costs Excluded from Segments

The pre-tax impact of allocating such expenses/(income) to our segments would have been (in millions):

	For the Three Months Ended				For the Six Months Ended
	July 1, 2023		June 25, 2022		July 1, 2023		June 25, 2022
North America	$	(16)	$	6	$	(10)	$	26
International	6		3		5		1
General corporate expenses	—		2		(13)		3
	$	(10)	$	11	$	(18)	$	30