Restructuring and Related Implementation Charges

6 Months Ended

Jun. 30, 2020

Restructuring and Related Activities [Abstract]

Restructuring and Related Implementation Charges

The Company’s restructuring program (the “Global Growth and Efficiency Program”), which commenced in the fourth quarter of 2012, concluded on December 31, 2019. Initiatives under the Global Growth and Efficiency Program fit within the program’s three focus areas of expanding commercial hubs, extending shared business services and streamlining global functions and optimizing the global supply chain and facilities. There were no restructuring and implementation-related charges incurred for the three and six months ended June 30, 2020.

For the three and six months ended June 30, 2019 restructuring and implementation-related charges are reflected in the income statement as follows:


	Three Months Ended		Six Months Ended
	June 30, 2019		June 30, 2019
Cost of sales	$	(3)	$	8
Selling, general and administrative expenses	10		14
Other (income) expense, net	33		46
Non-service related postretirement costs	2		3
Total Global Growth and Efficiency Program charges, pretax	$	42	$	71

Total Global Growth and Efficiency Program charges, aftertax	$	31	$	53

Restructuring and implementation-related charges in the preceding table were recorded in the Corporate segment as these decisions were predominantly centrally directed and controlled and were not included in internal measures of segment operating performance.

The following tables summarize the activity for restructuring accrual:


	Three Months Ended June 30, 2020
	Employee-Related Costs		Incremental Depreciation		Asset Impairments		Other		Total
Balance at March 31, 2020	$	10	$	—	$	—	$	59	$	69
Charges	—		—		—		—		—
Cash payments	(4)		—		—		(1)		(5)
Charges against assets	—		—		—		—		—
Foreign exchange	—		—		—		—		—
Other	—		—		—		—		—
Balance at June 30, 2020	$	6	$	—	$	—	$	58	$	64


	Six Months Ended June 30, 2020
	Employee-Related Costs		Incremental Depreciation		Asset Impairments		Other		Total
Balance at December 31, 2019	$	26	$	—	$	—	$	74	$	100
Charges	—		—		—		—		—
Cash payments	(19)		—		—		(16)		(35)
Charges against assets	—		—		—		—		—
Foreign exchange	(1)		—		—		—		(1)
Other	—		—		—		—		—
Balance at June 30, 2020	$	6	$	—	$	—	$	58	$	64