Note 4 - Restructuring of Operations

12 Months Ended

Dec. 31, 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, including certain operating costs of facilities that we are in the process of closing.

Accrued restructuring costs and activity, including noncurrent portion —

	Employee
	Termination			Exit
	Benefits			Costs			Total
Balance, December 31, 2019	$	13		$	1		$	14
Charges to restructuring		30			6			36
Adjustments of accruals		(2	)					(2	)
Cash payments		(12	)		(7	)		(19	)
Currency impact		1						1
Balance, December 31, 2020		30			—			30
Charges to restructuring		2			5			7
Adjustments of accruals		(7	)					(7	)
Cash payments		(13	)		(5	)		(18	)
Currency impact		(1	)					(1	)
Balance, December 31, 2021		11			—			11
Charges to restructuring		2			2			4
Adjustments of accruals		(5	)					(5	)
Cash payments		(6	)		(2	)		(8	)
Balance, December 31, 2022	$	2		$	—		$	2

At  December 31, 2022, accrued employee termination benefits include costs to reduce approximately 100 employees to be completed over the next year.