Restructuring and Other Charges

3 Months Ended

Mar. 31, 2023

Restructuring and Related Activities [Abstract]

Restructuring and Other Charges

Restructuring and Other Charges

	First quarter ended
	March 31,
	2023		2022
Reversals of previously recorded layoff reserves	$	(1)	$	(1)
Pension and Other post-retirement benefits - net settlements (E)	—		1
Other	2		2
Restructuring and other charges	$	1	$	2

In the first quarter of 2023, the Company recorded Restructuring and other charges of $1, which were primarily due to exit related costs, including accelerated depreciation, of $2, partially offset by a reversal of $1 for a layoff reserve related to a prior period.

In the first quarter of 2022, the Company recorded Restructuring and other charges of $2, which were primarily due to exit related costs of $2 and charges for U.S. pension plan settlement of $1, partially offset by a reversal of $1 for a layoff reserve related to a prior period.

	Layoff costs		Other exit costs		Total
Reserve balances at December 31, 2022	$	6	$	2	$	8
Cash payments	(1)		(1)		(2)
Restructuring charges	(1)		2		1
Other(1)	—		(1)		(1)
Reserve balances at March 31, 2023	$	4	$	2	$	6

(1)In the first quarter of 2023, other for other exit costs included a $1 charge for accelerated depreciation.

The remaining reserves as of March 31, 2023 are expected to be paid in cash during the remainder of 2023 and 2024.