v3.25.0.1
Restructuring and Other Charges (Tables)
 12 Months Ended
Dec. 31, 2024
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Other Charges
Restructuring and other charges were comprised of the following:
For the year ended December 31,202420232022
Layoff costs$10 $3 $— 
Net reversals of previously recorded layoff reserves(3)(1)(1)
Pension and other post-retirement benefits - net settlements (G)
— 5 58 
Non-cash asset impairments and accelerated depreciation2 14 1 
Net losses (gains) related to divestitures of assets and businesses (T)
12 (1)(8)
Other— 3 6 
Total restructuring and other charges$21 $23 $56 
Schedule of Restructuring and Other Charges by Reportable Segments, Pretax
Activity and reserve balances for restructuring charges were as follows:
Layoff
costs		Other
exit costs		Total
Reserve balances at December 31, 2021
$17 $2 $19 
2022 Activity
Cash payments(9)(7)(16)
Restructuring and other charges56 — 56 
Other(1)
(58)7 (51)
Reserve balances at December 31, 2022
$6 $2 $8 
2023 Activity
Cash payments$(3)$(3)$(6)
Restructuring and other charges7 16 23 
Other(2)
(5)(13)(18)
Reserve balances at December 31, 2023
$5 $2 $7 
2024 Activity
Cash payments$(8)$(2)$(10)
Restructuring and other charges7 14 21 
Other(3)
— (14)(14)
Reserve balances at December 31, 2024
$4 $— $4 
(1)In 2022, other for layoff costs included $58 in settlement accounting charges related to U.S. and U.K. pension plans; while other for other exit costs included a gain of $8 on the sale of assets, which was offset by a $1 charge for accelerated depreciation.
(2)In 2023, other for layoff costs included $5 in settlement accounting charges related to U.S. and Canadian pension plans; while other for other exit costs included charges of $12 related to the impairment of assets and a $2 charge for accelerated depreciation which was offset by a gain of $1 on the sale of assets.
(3)In 2024, other for other exit costs included a net loss of $13 on the sale of a small U.K. manufacturing facility and a charge of $2 for accelerated depreciation, partially offset by a gain on the sale of assets at a small U.K. manufacturing facility in Engine Products of $1.