Restructuring Programs (Tables)

6 Months Ended

Jun. 30, 2021

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Program Activity

Information related to restructuring program activity is outlined below:

	Severance and Related Costs		Other Contractual Termination Costs(2)		Asset Impairments(3)		Total
Balance at December 31, 2020	$	78	$	4	$	—	$	82
Provision	14		1		10		25
Reversals	(4)		—		—		(4)
Net current period charges(1)	10		1		10		21
Charges against reserve and currency	(29)		(1)		(10)		(40)
Balance at March 31, 2021	$	59	$	4	$	—	$	63
Provision	6		1		2		9
Reversals	(3)		(1)		(1)		(5)
Net current period charges(1)	3		—		1		4
Charges against reserve and currency	(20)		(1)		(1)		(22)
Balance at June 30, 2021	$	42	$	3	$	—	$	45

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(1)Represents net amount recognized within the Condensed Consolidated Statements of Income for the period shown for restructuring and asset impairment charges.

(2)Primarily includes additional costs incurred upon the exit from our facilities including decommissioning costs and associated contractual termination costs.

(3)Primarily relates to the exit and abandonment of leased and owned facilities. The charges include the accelerated write-off of $2 for leased ROU assets and $9 for owned assets upon exit from the facilities, net of any potential sublease income and other recoveries, including potential sales.

Schedule of Reconciliation to The Consolidated Statements of Cash Flows

The following table summarizes the reconciliation to the Condensed Consolidated Statements of Cash Flows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Charges against reserve and currency	$	(22)	$	(13)	$	(62)	$	(48)
Effects of foreign currency and other non-cash items	—		(4)		13		(4)
Restructuring cash payments	$	(22)	$	(17)	$	(49)	$	(52)

Schedule of Restructuring and Related Costs

In connection with our restructuring programs, we also incurred certain related costs as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Retention related severance/bonuses(1)	$	3	$	4	$	(1)	$	11
Contractual severance costs	3		—		3		4
Consulting and other costs(2)	2		1		2		2
Total	$	8	$	5	$	4	$	17

_____________

(1)Includes retention related severance and bonuses for employees expected to continue working beyond their minimum notification period before termination. The credit for the six months ended June 30, 2021 reflects a change in estimate.

(2)Represents professional support services associated with our business transformation initiatives.