v3.26.1
Restructuring (Tables)
6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Restructuring and related costs
Restructuring and integration expenses for the defined programs were as follows:
Second QuarterFirst Six Months
(in millions)2026202520262025
Integration of JDE Peet's(1)
$140 $— $140 $— 
Legacy JDE Peet's Transformation Activities and Corporate Actions(1)
19 — 19 — 
Network Optimization7 10 30 12 
(1)Amounts represent expenses incurred subsequent to the JDE Peet's Acquisition.
Schedule of restructuring reserve by type of cost Restructuring liabilities, primarily consisting of workforce reduction costs, were as follows:
(in millions)Restructuring Liabilities
Balance as of December 31, 2025$
Charges to expense and other adjustments28 
Restructuring liabilities assumed in the JDE Peet's Acquisition
74 
Cash payments(26)
Balance as of June 30, 2026$84