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RESTRUCTURING AND ASSET RELATED CHARGES - NET (Tables)
6 Months Ended
Jun. 30, 2024
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Charges
The following table summarizes the charges incurred by segment related to the 2023-2024 Restructuring Program:
2023-2024 Restructuring Program Charges by SegmentThree Months Ended June 30, 2024Six Months Ended June 30, 2024
(In millions)
Electronics & Industrial$(5)$
Water & Protection 1
15 37 
Corporate & Other(1)
Total$$45 
1.Amount excludes raw materials inventory write-offs recorded during 2024. Refer to Note 21 for additional information.
Schedule of Restructuring Activities
The following table summarizes the activities related to the 2023-2024 Restructuring Program:
2023-2024 Restructuring ProgramSeverance and Related Benefit CostAsset Related ChargesTotal
In millions
Reserve balance at December 31, 2023$79 $— $79 
Restructuring charges 1
19 26 45 
Charges against the reserve(2)(26)(28)
Cash payments(36)— (36)
Reserve balance at June 30, 2024
$60 $— $60 
1.Amount excludes raw materials inventory write-offs recorded during 2024, impacting the Water & Protection segment. Refer to Note 21 for additional information.