XML 86 R66.htm IDEA: XBRL DOCUMENT v3.25.0.1
Restructuring and Other Charges - Narrative (Details)
$ in Millions
12 Months Ended
May 31, 2024
USD ($)
Dec. 31, 2024
USD ($)
employee
Dec. 31, 2023
USD ($)
employee
Dec. 31, 2022
USD ($)
Restructuring Cost and Reserve [Line Items]        
Restructuring and other (credits) charges   $ 21 $ 23 $ 56
Gain (loss) on disposition of assets   (25) (22) (18)
Layoff costs   $ 10 3 0
Number of employees associated with layoff costs | employee   431    
Accelerated depreciation   $ 2    
Net reversals of previously recorded layoff reserves   3 1 1
Asset impairment charges   2 14 1
Other exit costs   $ 0 $ 3 6
2024 Restructuring Programs        
Restructuring Cost and Reserve [Line Items]        
Number of employees separated | employee   355,000,000    
Fastening Systems        
Restructuring Cost and Reserve [Line Items]        
Number of employees associated with layoff costs | employee   283    
Engineered Structures        
Restructuring Cost and Reserve [Line Items]        
Number of employees associated with layoff costs | employee   111 63  
Accelerated depreciation       1
Asset impairment charges     $ 12  
Engineered Structures | U.K.        
Restructuring Cost and Reserve [Line Items]        
Gain (loss) on disposition of assets $ (13) $ (13)    
Accelerated depreciation     2  
Engineered Structures | U.S.        
Restructuring Cost and Reserve [Line Items]        
Gain (loss) on disposition of assets     1  
Forged Wheels        
Restructuring Cost and Reserve [Line Items]        
Number of employees associated with layoff costs | employee   37    
Engine Products | U.K.        
Restructuring Cost and Reserve [Line Items]        
Gain (loss) on disposition of assets   $ 1    
Engine Products | U.S.        
Restructuring Cost and Reserve [Line Items]        
Gain (loss) on disposition of assets       8
Pension benefits        
Restructuring Cost and Reserve [Line Items]        
Pension and other post-retirement benefits - net settlement     $ 5 $ 58