
in millions	North America		Europe		Asia		South America		Other Operations		Total
Restructuring liability balance as of March 31, 2025	$	20	$	1	$	—	$	6	$	1	$	28
Restructuring and impairment expenses, net	58		8		42		2		26		136
Cash payments	(23)		(6)		(2)		(2)		(18)		(51)
Other(1)	(35)		3		(40)		1		(3)		(74)
Restructuring liability balance as of December 31, 2025(2)	$	20	$	6	$	—	$	7	$	6	$	39

in millions	North America		Europe		Asia		South America		Other Operations		Total
Restructuring liability balance as of March 31, 2024	$	16	$	2	$	—	$	6	$	—	$	24
Restructuring and impairment expenses, net	26		—		17		3		—		46
Cash payments	(9)		(1)		—		(1)		—		(11)
Other(1)	(17)		—		(17)		(2)		—		(36)
Restructuring liability balance as of December 31, 2024(2)	$	16	$	1	$	—	$	6	$	—	$	23

(1)Other includes the impact of foreign currency on our restructuring liability as well as the removal of other non-cash expenses recorded and included within restructuring and impairment expenses, net in the table above that are not recorded through the restructuring liability. For the nine months ended December 31, 2025 and December 31, 2024, impairment charges, accelerated depreciation, pension curtailment and settlement gains, and other non-cash expenses included in restructuring and impairment expenses, net were $76 million and $34 million, respectively.

(2)As of December 31, 2025, the restructuring liability totaled $39 million, with $19 million included in accrued expenses and other current liabilities and the remainder is within other long-term liabilities on our accompanying condensed consolidated balance sheet. As of December 31, 2024, the restructuring liability totaled $23 million, with $4 million included in accrued expenses and other current liabilities and the remainder was within other long-term liabilities on our condensed consolidated balance sheet.


in millions	North America		Europe		Asia		South America		Other Operations		Total
Charges recognized in the three months ended December 31, 2025
Employee-related expenses	$	3	$	(3)	$	—	$	1	$	4	$	5
Accelerated depreciation	—		—		6		—		—		6

Professional fees	—		—		—		—		5		5
Other	2		—		—		—		—		2
Total restructuring charges	$	5	$	(3)	$	6	$	1	$	9	$	18

Charges recognized in the nine months ended December 31, 2025
Employee-related expenses	$	12	$	7	$	1	$	1	$	13	$	34
Accelerated depreciation	46		—		40		—		—		86
Pension curtailment and settlement gains	(11)		—		—		—		—		(11)
Professional fees	—		—		—		—		14		14
Other	6		—		—		—		—		6
Total restructuring charges	$	53	$	7	$	41	$	1	$	27	$	129

Charges recognized in fiscal 2025
Employee-related expenses	$	2	$	—	$	—	$	—	$	—	$	2
Total restructuring charges	$	2	$	—	$	—	$	—	$	—	$	2

Cumulative restructuring charges through December 31, 2025	$	55	$	7	$	41	$	1	$	27	$	131

The liabilities related to employee-related expenses were recorded in accrued expenses and other current liabilities in the Company's condensed consolidated balance sheet and were as follows:


in millions	North America		Europe		Asia		South America		Other Operations		Total
Liability balance as of March 31, 2025	$	2	$	—	$	—	$	—	$	—	$	2
Expenses recognized	12		7		1		1		13		34
Cash payments	(12)		(6)		(1)		(1)		(6)		(26)
Liability balance as of December 31, 2025	$	2	$	1	$	—	$	—	$	7	$	10