In 2014, our Board of Directors approved a multi-year restructuring program ("Simplify to Grow Program") to reduce our operating cost structure in both supply chain and overhead costs. Total restructuring and implementation charges of $5.4 billion were incurred throughout the Simplify to Grow Program, which ended in December 2024.

We recorded restructuring charges of $3 million and $45 million in the three and six months ended June 30, 2024 and recorded implementation costs of $12 million and $23 million in the three and six months ended June 30, 2024.

The Simplify to Grow Program restructuring liability activity for the six months ended June 30, 2025 was:


	Severance and related costs
	(in millions)
Liability balance, January 1, 2025	$	188
Payments	(37)
Currency and other	14
Liability balance, June 30, 2025	$	165

The liability for restructuring charges is included within other current liabilities and other long-term liabilities.