Restructuring and other charges consists of severance and employee costs related to workforce reductions.

During the three month period ended March 31, 2024, we incurred $34 million in restructuring charges and other costs consisting of $7 million in pension/OPEB special termination benefit enhancements related to a voluntary separation program, $12 million of severance and employee costs resulting from workforce reductions, and $15 million of costs related to other restructuring activities.

During the three month period ended March 31, 2023, we incurred $8 million in restructuring charges and other costs consisting of $10 million of severance and employee costs resulting from workforce reductions, and $2 million of income related to other restructuring activities.

The following is a summary of the changes in the liabilities established for restructuring and related programs:



($ in millions)

Balance at January 1, 2024	$	10
Severance expense		12
Other costs		22
Cash payments during the period		(30)
Balance at March 31, 2024	$	14