v3.25.2
Restructuring (Tables)
6 Months Ended
Jun. 30, 2025
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Restructuring-Related Costs
In connection with the Realignment Plan, the Company recorded restructuring and restructuring-related costs for the periods indicated as follows (in millions):
Three Months Ended
June 30,
Six Months Ended
 June 30,
Incurred since inception
2025202420252024
Restructuring costs$$$17 $31 $54 
Restructuring-related costs19 
Total$8 $17 $21 $39 $73 
The Company recorded restructuring costs, net and restructuring-related costs in connection with various discrete initiatives as well as previously announced but substantially completed restructuring activities for the periods indicated as follows:
Three Months Ended
June 30,
Six Months Ended
 June 30,
2025202420252024
Restructuring costs$— $$— $
Restructuring-related costs16 21 
Total $4 $9 $16 $26 

Restructuring costs, net incurred by reportable business segments for all restructuring activities for the periods indicated are as follows (in millions):
Three Months Ended
June 30,
Six Months Ended
 June 30,
2025202420252024
Home and Commercial Solutions$$$$10 
Learning and Development— 
Outdoor and Recreation
Corporate12 15 
$6 $10 $17 $36 
Schedule of Accrued Restructuring Costs Activity
Accrued restructuring costs related to all restructuring activities for the six months ended June 30, 2025 were as follows (in millions):
Balance at December 31, 2024$12 
Restructuring costs, net17 
Payments(19)
Balance at June 30, 2025$10