v3.24.3
Restructuring Charges
 9 Months Ended
Sep. 30, 2024
Restructuring and Related Activities [Abstract]  
Restructuring Charges Restructuring Charges
We engage in restructuring actions as part of our ongoing efforts to best use our resources and infrastructure. These actions generally include severance and facility-related costs, including impairment of lease assets, as well as contract termination costs, and are intended to improve our efficiency and profitability.
Our restructuring-related activity was as follows:
Nine Months Ended September 30, 2024
(In millions)Reserve Balance
as of
December 31, 2023		Charges IncurredPaymentsForeign Exchange and OtherReserve Balance
as of
September 30, 2024
Severance
North American LTL$2 $— $(2)$1 $1 
European Transportation1 12 (11)— 2 
Corporate8 2 (7)(1)3 
Total$11 $14 $(20)$— $6 
In addition to the severance charges noted in the table above, we recorded non-cash charges in our North American LTL and European Transportation segments of $2 million and $1 million, respectively, during the first nine months of 2024.
We expect that the majority of the cash outlays related to the severance charges incurred in the first nine months of 2024 will be completed within 12 months.