Note 4 - Restructuring of Operations

6 Months Ended

Jun. 30, 2022

Notes to Financial Statements

Restructuring and Related Activities Disclosure [Text Block]

Our restructuring activities have historically included rationalizing our operating footprint by consolidating facilities, positioning operations in lower cost locations and reducing overhead costs. In recent years our focus has been primarily headcount reduction initiatives to reduce operating costs, including actions taken at acquired businesses to rationalize cost structures and achieve operating synergies. Restructuring expense includes costs associated with current and previously announced actions and is comprised of contractual and noncontractual separation costs and exit costs.

Accrued restructuring costs and activity —

	Employee Termination Benefits			Exit Costs		Total
Balance, March 31, 2022	$	9		$	—	$	9
Charges to restructuring		2					2
Adjustments of accruals		(1	)				(1	)
Cash payments		(3	)				(3	)
Balance, June 30, 2022	$	7		$	—	$	7
Balance, December 31, 2021	$	11		$	—	$	11
Charges to restructuring		2					2
Adjustments of accruals		(2	)				(2	)
Cash payments		(4	)				(4	)
Balance, June 30, 2022	$	7		$	—	$	7

At June 30, 2022, the accrued employee termination benefits include costs to reduce approximately 100 employees to be completed over the next year.