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Accrued Liabilities
6 Months Ended
Jun. 30, 2020
Accrued Liabilities Current [Abstract]  
Accrued Liabilities

Note 11. Accrued Liabilities

 

 

 

June 30,

2020

 

 

December 31,

2019

 

Customer pricing reserve

 

$

88

 

 

$

90

 

Compensation, benefit and other employee related

 

 

62

 

 

 

64

 

Repositioning

 

 

6

 

 

 

4

 

Product warranties and performance guarantees

 

 

25

 

 

 

29

 

Taxes

 

 

23

 

 

 

33

 

Advanced discounts from suppliers, current

 

 

19

 

 

 

19

 

Customer advances and deferred income(a)

 

 

18

 

 

 

12

 

Accrued interest

 

 

5

 

 

 

5

 

Short-term lease liability (Note 13)

 

 

8

 

 

 

8

 

Other (primarily operating expenses)

 

 

30

 

 

 

46

 

 

 

$

284

 

 

$

310

 

 

(a)

Customer advances and deferred income include $2 million and $3 million of contract liabilities as of June 30, 2020 and December 31, 2019, respectively. See Note 3, Revenue Recognition and Contracts with Customers.

The Company accrued repositioning costs related to projects to optimize its product costs and right-size its organizational structure. Expenses related to the repositioning accruals are included in Cost of goods sold in our Consolidated Interim Statements of Operations.

 

 

 

Severance Costs

 

 

Exit

Costs

 

 

Total

 

Balance at December 31, 2018

 

$

13

 

 

$

2

 

 

$

15

 

Charges

 

 

3

 

 

 

 

 

 

3

 

Usage—cash

 

 

(6

)

 

 

(2

)

 

 

(8

)

Adjustments and reclassifications

 

 

(6

)

 

 

1

 

 

 

(5

)

Foreign currency translation

 

 

 

 

 

 

 

 

 

Balance at June 30, 2019

 

$

4

 

 

$

1

 

 

$

5

 

 

 

 

Severance Costs

 

 

Exit

Costs

 

 

Total

 

Balance at December 31, 2019

 

$

3

 

 

$

1

 

 

$

4

 

Charges

 

 

6

 

 

 

 

 

 

6

 

Usage—cash

 

 

(4

)

 

 

 

 

 

(4

)

Adjustments and reclassifications

 

 

 

 

 

 

 

 

 

Foreign currency translation

 

 

 

 

 

 

 

 

 

Balance at June 30, 2020

 

$

5

 

 

$

1

 

 

$

6