RESTRUCTURING AND INTEGRATION COSTS AND TRANSACTION COSTS	3 Months Ended
Mar. 31, 2019
Restructuring And Related Activities [Abstract]
RESTRUCTURING AND INTEGRATION COSTS AND TRANSACTIONS COSTS	NOTE 10—RESTRUCTURING AND INTEGRATION COSTS AND TRANSACTION COSTS Restructuring and Integration Costs Restructuring and integration costs for the three months ended March 31, 2019 were $69 million, and included change-in-control, severance, professional fees and costs of settlement of litigation (see Note 21, Commitments and Contingencies for further discussion of litigation), as well as costs to achieve our combination profitability initiative (“CPI”) program. We launched the CPI program in the second quarter of 2018, with the goal of realizing transformative cost savings across our business. The program incorporates the activities of our Fit 2 Grow program previously announced in the fourth quarter of 2017 and targets a significant improvement in cost controls across five main opportunity areas: (1) procurement and supply chain; (2) systems, applications and support; (3) assets and facilities; (4) perquisites, travel and other; and (5) workforce efficiency. Restructuring and integration costs for the three months ended March 31, 2018 were $12 million, and primarily related to costs associated with CPI. These costs are recorded within our Corporate operating results. Transaction Costs Transaction costs for the three months ended March 31, 2019 primarily relate to professional fees associated with the development of plans to sell our non-core industrial storage tank and U.S. pipe fabrication businesses. Transaction costs for the three months ended March 31, 2018 primarily related to professional service fees (including accounting, legal and advisory services) incurred in connection with the Combination. These costs are recorded within our Corporate operating results and were $4 million and $3 million for the three months ended March 31, 2019 and 2018, respectively.

RESTRUCTURING AND INTEGRATION COSTS AND TRANSACTION COSTS

3 Months Ended

Mar. 31, 2019

Restructuring And Related Activities [Abstract]

RESTRUCTURING AND INTEGRATION COSTS AND TRANSACTIONS COSTS

NOTE 10—RESTRUCTURING AND INTEGRATION COSTS AND TRANSACTION COSTS

Restructuring and Integration Costs

Restructuring and integration costs for the three months ended March 31, 2019 were $69 million, and included change-in-control, severance, professional fees and costs of settlement of litigation (see Note 21, Commitments and Contingencies for further discussion of litigation), as well as costs to achieve our combination profitability initiative (“CPI”) program. We launched the CPI program in the second quarter of 2018, with the goal of realizing transformative cost savings across our business. The program incorporates the activities of our Fit 2 Grow program previously announced in the fourth quarter of 2017 and targets a significant improvement in cost controls across five main opportunity areas: (1) procurement and supply chain; (2) systems, applications and support; (3) assets and facilities; (4) perquisites, travel and other; and (5) workforce efficiency. Restructuring and integration costs for the three months ended March 31, 2018 were $12 million, and primarily related to costs associated with CPI. These costs are recorded within our Corporate operating results.

Transaction Costs

Transaction costs for the three months ended March 31, 2019 primarily relate to professional fees associated with the development of plans to sell our non-core industrial storage tank and U.S. pipe fabrication businesses. Transaction costs for the three months ended March 31, 2018 primarily related to professional service fees (including accounting, legal and advisory services) incurred in connection with the Combination. These costs are recorded within our Corporate operating results and were $4 million and $3 million for the three months ended March 31, 2019 and 2018, respectively.