Business Consolidation and Other Activities	6 Months Ended
Jun. 30, 2024
Business Consolidation and Other Activities
Business Consolidation and Other Activities	6. Business Consolidation and Other Activities Business consolidation and other activities resulted in charges of $60 million and $86 million for the three and six months ended June 30, 2024, respectively, in the unaudited condensed consolidated statements of earnings. During the three and six months ended, the charges were primarily related to facility closure costs and costs for employee severance, employee benefits and other related items resulting from the company restructuring its operating model. The charges for the six months ended June 30, 2024, were partially offset by income from the receipt of insurance proceeds for replacement costs related to the 2023 fire at the company’s Verona, Virginia extruded aluminum slug manufacturing facility. Business consolidation and other activities resulted in income of $6 million and charges of $14 million for the three and six months ended June 30, 2023, respectively, in the unaudited condensed consolidated statements of earnings. During the six months ended, June 30, 2023, the charges of $14 million primarily related to facility closure costs.

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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