v3.25.2
Restructuring Charges
6 Months Ended
Jun. 30, 2025
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 impairment of real estate and equipment operating lease assets, and are intended to improve our efficiency and profitability going forward.
The following is a rollforward of the Company’s restructuring activity:
Six Months Ended June 30, 2025
(In millions)Reserve Balance
as of
December 31, 2024
Charges IncurredPaymentsReserve Balance
as of
June 30, 2025
Severance$5 $10 $(9)$6 
Equipment and facilities15 7 (3)19 
Total $20 $17 $(12)$25 
We expect the majority of the cash outlays related to the remaining restructuring liability at June 30, 2025 to be complete within twelve months.