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Restructuring, Facility Consolidation and Severance Charges
6 Months Ended
Jun. 30, 2020
Restructuring and Related Activities [Abstract]  
Restructuring, Facility Consolidation and Severance Charges Restructuring, Facility Consolidation and Severance Charges
During the three and six months ended June 30, 2020, in response to the impact on our business from the COVID-19 pandemic and the significant decline in oil prices as discussed in “Note 1 – General”, we initiated additional immediate actions and developed plans to reduce our future cost structure. As a result, during the three and six months ended June 30, 2020, we incurred restructuring and severance charges of $57 million and $83 million, respectively in “Restructuring, Facility and Severance” on the accompanying Condensed Consolidated Statements of Operations. Additional charges with respect to our ongoing cost reduction actions are expected to be recorded in the second half of 2020 and could result in additional charges in future periods as we execute and revise our plans.

The following table presents restructuring and severance charges for the Successor Period and Predecessor Period.
SuccessorPredecessorSuccessorPredecessor
Three Months EndedThree Months EndedSix Months EndedSix Months Ended
(Dollars in millions)6/30/20206/30/20196/30/20206/30/2019
Severance Charges$55  $ $78  $ 
Facility Consolidation and Other Charges 15   29  
Asset Related Charges (non-cash)—   —   
Total Restructuring and Severance Charges$57  $20  $83  $40  

The following table presents total restructuring and severance charges by reporting segment and Corporate for the Successor Period and Predecessor Period.
SuccessorPredecessorSuccessorPredecessor
Three Months EndedThree Months EndedSix Months EndedSix Months Ended
(Dollars in millions)6/30/20206/30/20196/30/20206/30/2019
Western Hemisphere$26  $10  $41  $15  
Eastern Hemisphere11   17   
Corporate20   25  18  
$57  $20  $83  $40  

The following table presents total restructuring and severance accrual activity charges, payments and other changes for the Successor Period ended June 30, 2020.
(Dollars in millions)Accrued Balance at December 31, 2019ChargesCash Payments
Other
Accrued Balance at June 30, 2020
Restructuring and Severance Reserve$66  $83  $(75) $(12) $62