Restructuring (Tables)

3 Months Ended

Mar. 31, 2024

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Costs Incurred by Reportable Business Segment

Restructuring costs, net and restructuring-related costs incurred from inception for the Realignment Plan, Network Optimization Project and Project Phoenix (collectively, the “Plans”) were as follows (in millions):


	Severance and termination costs		Contract termination and other costs		Total restructuring charges		Restructuring-related charges		Total charges
Realignment Plan	$	22	$	—	$	22	$	—	$	22
Network Optimization Project	7		3		10		18		28
Project Phoenix	77		2		79		22		101
	$	106	$	5	$	111	$	40	$	151

Restructuring costs, net incurred by reportable business segments for all restructuring activities for the periods indicated and the total charges since inception for the Plans are as follows (in millions):


	Three Months Ended March 31,			Total charges from inception of Plans
		2024				2023
Home and Commercial Solutions		$	7	$	16		$	50
Learning and Development		5		5			20
Outdoor and Recreation		1		6			12
Corporate		13		11			29
		$	26	$	38		$	111

Schedule of Accrued Restructuring Costs Activity

Accrued restructuring costs activity for the three months ended March 31, 2024 was as follows (in millions):


	Balance at December 31, 2023		Restructuring Costs, Net		Payments		Balance at March 31, 2024
Severance and termination costs	$	30	$	24	$	(34)	$	20
Contract termination and other costs	—		2		(2)		—
	$	30	$	26	$	(36)	$	20

Accrued restructuring costs activity for the three months ended March 31, 2023 was as follows (in millions):


	Balance at December 31, 2022		Restructuring Costs, Net		Payments		Foreign Currency and Other		Balance at March 31, 2023
Severance and termination costs	$	7	$	36	$	(33)	$	—	$	10
Contract termination and other costs	—		2		(1)		(1)		—
	$	7	$	38	$	(34)	$	(1)	$	10