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Restructuring
6 Months Ended
Jun. 30, 2018
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring

The following table summarizes restructuring reserve activity during the six months ended June 30, 2018 (in millions):

 
Employee Severance and Benefits
Accrued liability as of January 1, 2018
$

Charges
84

Other
(15
)
Accrued liability as of June 30, 2018
$
69



In June 2018, management approved a plan to implement a strategic reduction of our existing global workforce. The reduction was substantially completed in the second quarter of 2018. The Company incurred pre-tax restructuring charges of approximately $84 million. The restructuring charges, which primarily related to employee severance and benefits, were aggregated in general and administrative expenses in the condensed consolidated statement of income.