Restructuring Programs (Tables)

6 Months Ended

Jun. 30, 2022

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Program Activity

Information related to our restructuring programs is summarized below:

	Severance and Related Costs		Other Contractual Termination Costs(2)		Total
Balance at December 31, 2021	$	25	$	2	$	27
Provision	22		—		22
Reversals	(3)		—		(3)
Net current period charges(1)	19		—		19
Charges against reserve and currency	(7)		—		(7)
Balance at March 31, 2022	37		2		39
Provision	22		1		23
Reversals	(1)		(1)		(2)
Net current period charges(1)	21		—		21
Charges against reserve and currency	(14)		—		(14)
Balance at June 30, 2022	$	44	$	2	$	46

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

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

Schedule of Reconciliation to The Consolidated Statements of Cash Flows

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

	Six Months Ended June 30,
	2022		2021
Charges against reserve and currency	$	(21)	$	(62)
Effects of foreign currency and other non-cash items	—		13
Restructuring cash payments	$	(21)	$	(49)

Schedule of Restructuring Related Asset Impairment Activity

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

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Retention related severance/bonuses(1)	$	—	$	3	$	(2)	$	(1)
Contractual severance costs	(1)		3		(1)		3
Consulting and other costs(2)	—		2		—		2
Total	$	(1)	$	8	$	(3)	$	4

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(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, 2022 and 2021 reflects a change in estimate.

Information related to our restructuring-related asset impairment activity is summarized below:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Lease right of use assets(1)	—		2		1		2
Owned assets(1)	1		—		1		10
Asset impairments	1		2		2		12
Gain on sales of assets(2)	(20)		—		(20)		—
Adjustments/Reversals	—		(1)		—		(1)
Net asset impairment charges	$	(19)	$	1	$	(18)	$	11

______________

(1)Primarily related to the exit and abandonment of leased and owned facilities, net of any potential sublease income and recoveries.

(2)Primarily related to the sale of land and a facility during the second quarter of 2022.