Array reduce offers a way to transform data. 
Please look at the array below. The array has 4 nested array's.
The nested array's have the same keys. Only the value is different. 

This code transforms the whole array. See below.  

$array = array(  
    0 => array('id' => '100', 'name' => 'Henk', 'age' => '30'),   
    1 => array('id' => '101', 'name' => 'Piet', 'age' => '33'),   
    2 => array('id' => '102', 'name' => 'Wim', 'age' => '43'),   
    3 => array('id' => '103', 'name' => 'Jaap', 'age' => '53'),  
);  
 
$arr = array_reduce($array, function($carry, $item){ 
 
    $arr = array(  
        'id' => $item['id'],  
        'value' => $item['name'],  
    );  
      
    $id = $item['id'];  
    $carry[$id] = $arr;  
      
    return $carry;  
}, array());  
 
var_dump($arr);
 
 
// OUTPUT

array (size=4)  
100 => array (size=2)         
   'id' => string '100' (length=3)         
   'value' => string 'Henk' (length=4)  
101 => array (size=2)          
   'id' => string '101' (length=3)          
   'value' => string 'Piet' (length=4)  
102 => array (size=2)          
   'id' => string '102' (length=3)          
   'value' => string 'Wim' (length=3)  
103 => array (size=2)          
   'id' => string '103' (length=3)          
   'value' => string 'Jaap' (length=4)