Restructuring Program (Tables)

6 Months Ended

Jun. 30, 2022

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Program Liability

The Simplify to Grow Program liability activity for the six months ended June 30, 2022 was:

	Severance and related costs		Asset Write-downs		Total
	(in millions)
Liability balance, January 1, 2022	$	211	$	—	$	211
Charges	8		7		15
Cash spent	(33)				(33)
Non-cash settlements/adjustments	(2)		(7)		(9)
Currency	(10)		—		(10)
Liability balance, June 30, 2022	$	174	$	—	$	174

Schedule of Restructuring and Implementation Costs by Segment

In connection with our restructuring program, we recorded non-cash property, plant and equipment write-downs (including accelerated depreciation and asset impairments) and losses/(gains) on disposal in the condensed consolidated statements of earnings within asset impairment and exit costs and within the segment results as follows (refer to Note 7, Restructuring Program).

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2022		2021		2022		2021
	(in millions)
Latin America	$	(1)	$	—	$	(1)	$	—
AMEA	—		—		—		(16)
Europe	3		3		3		4
North America	3		62		4		117
Total	$	5	$	65	$	6	$	105

During the three and six months ended June 30, 2022 and June 30, 2021, and since inception of the Simplify to Grow Program, we recorded the following restructuring and implementation costs within segment operating income and earnings before income taxes:

	Latin America		AMEA		Europe		North America		Corporate		Total
	(in millions)
For the Three Months Ended June 30, 2022
Restructuring Costs	$	(2)	$	—	$	—	$	4	$	2	$	4
Implementation Costs	3		3		8		9		(4)		19
Total	$	1	$	3	$	8	$	13	$	(2)	$	23
For the Three Months Ended June 30, 2021
Restructuring Costs	$	—	$	2	$	(1)	$	92	$	7	$	100
Implementation Costs	4		3		11		17		(2)		33
Total	$	4	$	5	$	10	$	109	$	5	$	133
For the Six Months Ended June 30, 2022
Restructuring Costs	$	(3)	$	2	$	2	$	12	$	2	$	15
Implementation Costs	4		4		13		16		2		39
Total	$	1	$	6	$	15	$	28	$	4	$	54
For the Six Months Ended June 30, 2021
Restructuring Costs	$	3	$	(19)	$	5	$	193	$	6	$	188
Implementation Costs	7		5		21		27		7		67
Total	$	10	$	(14)	$	26	$	220	$	13	$	255
Total Project (Inception to Date)
Restructuring Costs	$	551	$	543	$	1,149	$	657	$	151	$	3,051
Implementation Costs	300		243		557		569		358		2,027
Total	$	851	$	786	$	1,706	$	1,226	$	509	$	5,078