XML 39 R16.htm IDEA: XBRL DOCUMENT v3.22.4
Restructuring Charges and Other Items (Note)
12 Months Ended
Dec. 31, 2022
Restructuring and Related Activities [Abstract]  
Restructuring and Related Activities
2022: During 2022, restructuring and other charges, net, totaling $89 million before taxes were recorded. The charges included:

In millions2022
Early debt extinguishment costs (see Note 16)$93 
Other restructuring items(4)
Total$89 

2021: During 2021, restructuring and other charges, net, totaling $509 million before taxes were recorded. The charges included:

In millions2021
Early debt extinguishment costs (see Note 16)$461 
Building a Better IP (a)29 
EMEA packaging restructuring (b)12 
Other restructuring items
Total$509 

(a) Severance related to our Building a Better IP initiative which is focused on value creation through streamlined operations and process optimization. The majority of the severance charges were paid in 2022.
b) Severance related to the optimization of our EMEA Packaging business. The majority of the severance charges were paid in 2022.

2020: During 2020, restructuring and other charges, net, totaling $195 million before taxes were recorded. These charges included:

In millions2020
Early debt extinguishment costs (see Note 16)$196 
Other restructuring items(1)
Total$195