v3.26.1
Exit and Implementation Costs (Tables)
3 Months Ended
Mar. 31, 2026
Restructuring and Related Activities [Abstract]  
Pre-tax Asset Impairment, Exit, and Implementation Costs
Pre-tax implementation costs consisted of the following:
For the Three Months Ended March 31,
(in millions)20262025
Smokeable products segment$5 $13 
Oral tobacco products segment1 
Total (1)
$6 $15 
(1) Recorded in marketing, administration and research costs in our condensed consolidated statements of earnings.
Schedule of Restructuring Reserve by Type of Cost
A summary of the charges and cash paid for exit and implementation costs related to the Initiative is as follows:
(in millions)Exit CostsImplementation CostsTotal
Balances at December 31, 2024$35 $22 $57 
Charges48 56 
Cash paid(18)(61)(79)
Balances at December 31, 202525 34 
Charges 6 6 
Cash paid(5)(8)(13)
Balances at March 31, 2026$20 (1)$7 $27 
(1) Restructuring liabilities, all of which were severance liabilities.