v3.26.1
Restructuring Programs (Tables)
 6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Cost
Restructuring and related costs, net reflect the following components:
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Restructuring charges, net$26 $9 $71 $14 
Asset impairment charges, net(1)
(5)2 (6)(4)
Related costs, net2 (1)3 (1)
Total Restructuring and related costs, net$23 $10 $68 $9 
______________
(1)Impairments for the three and six months ended June 30, 2026 and 2025, respectively, are net of cash receipts.
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Lease right of use assets(1)
$— $— $— $4 
Owned assets(2)
— 2 — 11 
Asset impairments— 2 — 15 
Less: Proceeds from the sales of owned assets(3)
(5)— (6)(19)
Net asset impairment (credit) charge$(5)$2 $(6)$(4)
_____________
(1)Primarily related to the exit and abandonment of leased facilities, net of recoveries and any potential sublease income.
(2)Primarily related to the exit and abandonment of owned facilities.
(3)Reflects proceeds on the sales of exited surplus facilities and land.
In connection with our restructuring programs, we also incurred certain related costs as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Contractual severance costs$2 $(1)$3 $(1)
Total$2 $(1)$3 $(1)
Schedule of Restructuring Program Activity A summary of our restructuring program activity is as follows:
Severance Costs Prior ActionsSeverance Costs ReinventionSeverance Costs Integration
Other Contractual Termination Costs(2)
Total
Balance at December 31, 2025$1 $43 $77 $5 $126 
Restructuring provision— — 56 — 56 
Reversals of prior charges— (2)(9)— (11)
Net current period charges(1)
— (2)47 — 45 
Charges against reserve and currency— (1)(26)— (27)
Balance at March 31, 2026$1 $40 $98 $5 $144 
Restructuring provision— — 31 — 31 
Reversals of prior charges— — (5)— (5)
Net current period charges(1)
— — 26 — 26 
Charges against reserve and currency— (3)(17)— (20)
Balance at June 30, 2026$1 $37 $107 $5 $150 
______________
(1)Represents net amount recognized within the Condensed Consolidated Statements of Income (Loss) for the period for restructuring charges. Reversals of prior charges primarily include net changes in estimated reserves from prior period initiatives accrued for in prior periods, including Reinvention (now referred to as Transformation) and Integration.
(2)Primarily includes additional costs incurred upon the exit from our facilities, including decommissioning costs and associated contractual termination costs. We expect that the majority of these costs will be paid upon the exercise of an early termination clause in 2027.
Schedule of Reconciliation to the Consolidated Statements of Cash Flows
The following table summarizes the reconciliation to the Condensed Consolidated Statements of Cash Flows:
Six Months Ended
June 30,
20262025
Restructuring cash payments$(40)$(33)
Effects of foreign currency and other non-cash items(7)6 
Charges against reserve and currency$(47)$(27)