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ACCRUED LIABILITIES
3 Months Ended
Mar. 31, 2024
Payables and Accruals [Abstract]  
ACCRUED LIABILITIES ACCRUED LIABILITIES
The following table summarizes the components of “Accrued liabilities” on the Condensed Consolidated Balance Sheets (in millions):

December 31, 2023March 31, 2024
Payroll and related costs$328 $188 
Capital expenditures263 258 
Inventory241 260 
Other products and services169 124 
Other144 188 
Total accrued liabilities$1,145 $1,018 
During the three months ended March 31, 2023 and 2024, we carried out certain restructuring actions in order to reduce costs and improve efficiency. As a result, we recognized $42 million and $30 million of costs related to employee termination expenses during the three months ended March 31, 2023 and 2024, respectively, and have a remaining liability of $14 million as of March 31, 2024.