v3.24.3
RESTRUCTURING AND ASSET RELATED CHARGES - NET (Tables)
9 Months Ended
Sep. 30, 2024
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Charges
The following table summarizes the charges incurred by segment related to the 2023-2024 Restructuring Program:
2023-2024 Restructuring Program Charges by SegmentThree Months Ended September 30, 2024Nine Months Ended September 30, 2024
(In millions)
Electronics & Industrial$(2)$1 
Water & Protection 1
— 37 
Corporate & Other26 31 
Total$24 $69 
1.Amount excludes inventory write-offs recorded during 2024. Refer to Note 21 for additional information.
Schedule of Restructuring Activities
The following table summarizes the activities related to the 2023-2024 Restructuring Program:
2023-2024 Restructuring ProgramSeverance and Related Benefit CostAsset Related ChargesTotal
In millions
Reserve balance at December 31, 2023$79 $— $79 
Restructuring charges 1
20 49 69 
Charges against the reserve(2)(49)(51)
Cash payments(46)— (46)
Reserve balance at September 30, 2024
$51 $— $51 
1.Amount excludes inventory write-offs recorded during 2024. Refer to Note 21 for additional information.