Restructuring and other charges consists of severance and employee costs related to workforce reductions and costs associated with the Verizon merger and other restructuring activities.

During the six-month period ended June 30, 2025, we incurred $52 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, $31 million of severance and employee costs resulting from workforce reductions, and $21 million primarily related to consulting and legal costs due to the Verizon merger and other restructuring activities.

During the six month period ended June 30, 2024, we incurred $60 million in restructuring charges and other costs consisting of $10 million in pension/OPEB special termination benefit enhancements related to a voluntary separation program, $18 million of severance and employee costs resulting from workforce reductions, and $32 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		31
Other costs		21
Cash payments during the period		(59)
Balance at June 30, 2025	$	2