v3.26.1
Restructuring and Related Activities (Tables)
6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs The following table provides a summary of our estimates of total pre-tax charges associated with the 2026 Restructuring Plan by major type of cost:
Type of Cost (in millions)
Total Estimated Amount Expected to be Incurred
Transfer costs (1)
$300 -$350 
Termination benefits(2)
275 -300 
Other(3)
125 -150 
$700 -$800 
(1) Represents costs to transfer product manufacturing lines between geographically dispersed facilities.
(2) Plans detailing specific employee impacts will be developed for each affected region and business, working with employee representative bodies where required under local laws.
(3) Consists of consulting fees and costs associated with contractual cancellations as well as other costs directly related to the restructuring program, including program management, accelerated depreciation and fixed asset write-offs.