Restructuring and Related Implementation Charges (Tables)

6 Months Ended

Jun. 30, 2023

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs

For the six months ended June 30, 2023 and June 30, 2022, charges resulting from the 2022 Global Productivity Initiative are reflected in the income statement as follows:

	Six Months Ended June 30,
	2023		2022
Selling, general and administrative expenses	$	2	$	3
Other (income) expense, net	21		73
Non-service related postretirement costs	4		14
Total 2022 Global Productivity Initiative charges, pretax	$	27	$	90
Total 2022 Global Productivity Initiative charges, aftertax	$	21	$	70

The following tables summarize the activity for the restructuring and related implementation charges discussed above and the related accruals:

	Six Months Ended June 30, 2023
	Employee-Related Costs		Incremental Depreciation		Asset Impairments		Other		Total
Balance at December 31, 2022	$	30	$	—	$	1	$	3	$	34
Charges	22		—		—		5		27
Cash Payments	(28)		—		—		(7)		(35)
Charges against assets	(4)		—		(1)		—		(5)
Foreign exchange	6		—		—		—		6
Balance at June 30, 2023	$	26	$	—	$	—	$	1	$	27

Schedule of Percent of Total Restructuring Charges Related To Segment for the period

Total charges incurred for the 2022 Global Productivity Initiative relate to initiatives undertaken by the following reportable operating segments:

	Six Months Ended June 30,				Program-to-date Accumulated Charges
	2023		2022
North America	14	%	10	%	11	%
Latin America	2	%	17	%	15	%
Europe	26	%	16	%	20	%
Asia Pacific	22	%	10	%	11	%
Africa/Eurasia	2	%	11	%	9	%
Hill's Pet Nutrition	15	%	10	%	12	%
Corporate	19	%	26	%	22	%
Total	100	%	100	%	100	%

Since the inception of the 2022 Global Productivity Initiative, the Company has incurred cumulative pretax charges of $137 ($108 aftertax) in connection with the implementation of various projects as follows:

	Cumulative Charges
	as of June 30, 2023
Employee-Related Costs	$	124
Incremental Depreciation	—
Asset Impairments	1
Other	12
Total	$	137