REPOSITIONING AND OTHER CHARGES

3 Months Ended

Mar. 31, 2021

Restructuring and Related Activities [Abstract]

A summary of repositioning and other charges follows:


	Three Months Ended March 31,
	2021		2020
Severance	$	28	$	66
Asset impairments	42		2
Exit costs	49		15
Reserve adjustments	1		(13)
Total net repositioning charge	120		70
Asbestos related litigation charges, net of insurance and reimbursements	21		11
Probable and reasonably estimable environmental liabilities, net of reimbursements	5		8
Other	(5)		(27)
Total net repositioning and other charges	$	141	$	62

The following table summarizes the pretax distribution of total net repositioning and other charges by classification:


	Three Months Ended March 31,
	2021		2020
Cost of products and services sold	$	98	$	20
Selling, general and administrative expenses	43		42

	$	141	$	62

The following table summarizes the pretax impact of total net repositioning and other charges by segment:


	Three Months Ended March 31,
	2021		2020
Aerospace	$	48	$	11
Honeywell Building Technologies	5		25
Performance Materials and Technologies	5		21
Safety and Productivity Solutions	37		6
Corporate	46		(1)
	$	141	$	62

In the three months ended March 31, 2021, we recognized gross repositioning charges totaling $119 million including severance costs of $28 million related to workforce reductions of 1,021 manufacturing and administrative positions mainly in our Aerospace and Safety and Productivity Solutions segments. The workforce reductions were primarily related to site transitions, mainly in Aerospace, to more cost-effective locations and to our productivity and ongoing functional transformation initiatives. The repositioning charge included asset impairments of $42 million primarily related to the write-down of certain manufacturing and other equipment due to their planned disposition. The repositioning charge included exit costs of $49 million primarily for closure obligations associated with site transitions, lease exit obligations for certain equipment in Corporate and current period exit costs incurred for previously approved repositioning projects.

In the three months ended March 31, 2020, we recognized gross repositioning charges totaling $83 million including severance costs of $66 million related to workforce reductions of 2,124 manufacturing and administrative positions across our segments. The workforce reductions were primarily related to our productivity and ongoing functional transformation initiatives.

The following table summarizes the status of the Company's total repositioning reserves:


	Severance Costs		Asset Impairments		Exit Costs		Total
Balance at December 31, 2020	$	527	$	—	$	74	$	601
Charges	28		42		49		119
Usage - cash	(84)		—		(21)		(105)
Usage - noncash	—		(42)		—		(42)
Foreign currency translation	(3)		—		(2)		(5)
Adjustments	1		—		—		1
Balance at March 31, 2021	$	469	$	—	$	100	$	569

Certain repositioning projects will recognize exit costs in future periods when the actual liability is incurred. Such exit costs incurred in the three months ended March 31, 2021 and 2020 were $10 million and $11 million, respectively.