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Costs Associated with Rationalization Programs (Tables)
12 Months Ended
Dec. 31, 2023
Restructuring and Related Activities [Abstract]  
Roll-Forward of Liability Balance

The following table presents the roll-forward of the liability balance between periods:

 

 

 

 

 

 

 

 

 

(In millions)

 

Associate-
Related Costs

 

 

Other Costs

 

 

Total

 

Balance at December 31, 2020

 

$

200

 

 

$

 

 

$

200

 

2021 charges

 

 

52

 

 

 

43

 

 

 

95

 

Incurred, net of foreign currency translation of $(8) million and $0 million, respectively

 

 

(162

)

 

 

(43

)

 

 

(205

)

Reversed to the Statement of Operations

 

 

(2

)

 

 

 

 

 

(2

)

Balance at December 31, 2021

 

$

88

 

 

$

 

 

$

88

 

2022 charges

 

 

110

 

 

 

28

 

 

 

138

 

Incurred, net of foreign currency translation of ($5) million and $0 million, respectively

 

 

(74

)

 

 

(26

)

 

 

(100

)

Reversed to the Statement of Operations

 

 

(9

)

 

 

 

 

 

(9

)

Balance at December 31, 2022

 

$

115

 

 

$

2

 

 

$

117

 

2023 charges

 

 

453

 

 

 

57

 

 

 

510

 

Incurred, net of foreign currency translation of $14 million and $0 million, respectively

 

 

(42

)

 

 

(43

)

 

 

(85

)

Reversed to the Statement of Operations

 

 

(8

)

 

 

 

 

 

(8

)

Balance at December 31, 2023

 

$

518

 

 

$

16

 

 

$

534

 

Net Rationalization Charges Included in Income (Loss) Before Income Taxes

The following table shows net rationalization charges included in Income (Loss) before Income Taxes:

 

 

 

 

 

 

 

 

 

 

(In millions)

 

2023

 

 

2022

 

 

2021

 

Current Year Plans

 

 

 

 

 

 

 

 

 

Associate severance and other related costs

 

$

449

 

 

$

103

 

 

$

19

 

Benefit plan curtailment and special termination benefits

 

 

1

 

 

 

 

 

 

 

Other exit costs

 

 

23

 

 

 

8

 

 

 

 

Current Year Plans - Net Charges

 

$

473

 

 

$

111

 

 

$

19

 

Prior Year Plans

 

 

 

 

 

 

 

 

 

Associate severance and other related costs

 

$

(5

)

 

$

 

 

$

31

 

Other exit costs

 

 

34

 

 

 

18

 

 

 

43

 

Prior Year Plans - Net Charges

 

$

29

 

 

$

18

 

 

$

74

 

Total Net Charges

 

$

502

 

 

$

129

 

 

$

93

 

Asset write-off and accelerated depreciation charges, net

 

$

36

 

 

$

30

 

 

$

1