Assumed in acquisition

  
The following table summarizes activity in the liability related to our restructuring initiatives.

|  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |
| (in millions) |  |
| Liability balance as of December 31, 2018 | $ | 101  |  |
| Charges | 113  |  |
| Payments  | (93) |  |
| Reserve adjustments | (27) |  |
| Currency translation | (2) |  |
| Liability balance as of December 31, 2019 | 92  |  |
| Charges | 116  |  |
| Payments | (86) |  |
| Reserve adjustments | (16) |  |
| Currency translation | 7  |  |
| Liability balance as of December 31, 2020 | 113  |  |
| Assumed in acquisition | 6  |  |
| Charges | 94  |  |
| Payments | (78) |  |
| Reserve adjustments | (19) |  |
| Currency translation | (7) |  |
| Liability balance as of December 31, 2021 | $ | 109  |  |

Reserve adjustments primarily relate to employee termination cost reserves established in prior periods.Substantially all of our restructuring liabilities as of December 31, 2021 relate to employee termination costs, with the remaining liabilities attributable to contract termination costs. Substantially all of the cash payments for those liabilities are expected to be disbursed by the end of 2023. NOTE 12

|  |  |  |
| --- | --- | --- |
|  |  |  |
| PENSION AND OTHER POSTRETIREMENT BENEFIT PROGRAMS |

We sponsor a number of qualified and nonqualified pension plans for eligible employees. We also sponsor certain unfunded contributory healthcare and life insurance benefits for substantially all domestic retired employees. Newly hired employees in the United States and Puerto Rico are not eligible to participate in the pension plans but receive a higher level of company contributions in the defined contribution plans.85
