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Exit and Restructuring Costs
 12 Months Ended
Dec. 31, 2023
Restructuring and Related Activities [Abstract]  
Exit and Restructuring Costs Exit and Restructuring Costs
In the current year, the Company expanded the scope of the 2022 Productivity Plan and also initiated a voluntary retirement plan (“VRP”) applicable to retirement-eligible U.S. employees. Employees who participated in the VRP agreed to retire in 2023 in exchange for cash severance and other benefits. During the first quarter of 2024, the Company committed to additional actions under the 2022 Productivity Plan which will bring the total expected cost of the programs to approximately $130 million.

Total charges associated with these programs, which are classified within Exit and restructuring on the Consolidated Statements of Operations, were $110 million to date, including $98 million and $12 million for the years ended December 31, 2023 and 2022, respectively. The actions under the VRP have been completed in the current year and the remaining actions under the 2022 Productivity Plan are expected to be substantially completed in the first half of 2024. The Company’s payment obligations as of December 31, 2023 are reflected within Accrued liabilities on the Consolidated Balance Sheets. These obligations are expected to be settled by the first quarter of 2024.

The Company’s liability associated with Exit and restructuring was:

Balance as of December 31, 2022$9 
Exit and restructuring charges98
Non-cash utilization(13)
Cash payments(72)
Balance as of December 31, 2023$22 

The Company incurred Exit and restructuring costs, under previously announced programs of $2 million and $7 million for the years ended December 31, 2022 and 2021, respectively.