Restructuring and other charges consists of severance and employee costs related to workforce reductions.

During the three-month period ended March 31, 2025, we incurred $36 million in restructuring charges and other costs consisting of a minimal charge in pension/OPEB special termination benefit enhancements related to a voluntary separation program, $27 million of severance and employee costs resulting from workforce reductions, and $9 million of costs associated with the Verizon merger and other restructuring activities.

During the three month period ended March 31, 2024, we incurred $34 million in restructuring charges and other costs consisting of $7 million in pension/OPEB special termination benefit enhancements related to a voluntary separation program, $12 million of severance and employee costs resulting from workforce reductions, and $15 million of costs related to other restructuring activities.

The following is a summary of the changes in the liabilities established for restructuring and related programs:



($ in millions)

Balance at January 1, 2025	$	9
Severance expense		27
Other costs		9
Cash payments during the period		(22)
Balance at March 31, 2025	$	23