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Restructuring Charges, Asset Impairments, and Other, Net
 9 Months Ended
Sep. 30, 2019
Restructuring and Related Activities [Abstract]  
Restructuring Charges, Asset Impairments, and Other, Net
4. Restructuring Charges, Asset Impairments, and Other, Net

Restructuring and Other Charges
The Company's restructuring activities are undertaken as necessary to execute management's strategy and streamline operations, consolidate and take advantage of available capacity and resources, and ultimately achieve net cost reductions. Restructuring activities include efforts to integrate and rationalize the Company's businesses and to relocate operations to best cost locations.

The Company's restructuring charges consist primarily of employee costs (principally severance and/or termination benefits), facility closure and exit costs, and other.

For the three and nine months ended September 30, 2019 and 2018, restructuring charges, asset impairments, and other by segment are as follows:
 
Three Months Ended September 30, 2019
 
Clean Air
 
Powertrain
 
Ride Performance(1)
 
Motorparts
 
Corporate
 
Total
Severance and other charges, net
$
6

 
$
11

 
$
15

 
$
2

 
$
1

 
$
35

Impairment of assets held for sale
—

 
—

 
—

 
8

 
—

 
8

Total restructuring charges, asset impairments, and other
$
6

 
$
11

 
$
15

 
$
10

 
$
1

 
$
43

(1) The Ride Performance segment includes $10 million of other charges for the three months ended September 30, 2019.

 
Three Months Ended September 30, 2018
 
Clean Air
 
Powertrain
 
Ride Performance
 
Motorparts
 
Corporate
 
Total
Severance and other charges, net
$
1

 
$
—

 
$
10

 
$
2

 
$
1

 
$
14

Other non-restructuring asset impairments
—

 
—

 
—

 
—

 
2

 
2

Total restructuring charges, asset impairments, and other
$
1

 
$
—

 
$
10

 
$
2

 
$
3

 
$
16


 
Nine Months Ended September 30, 2019
 
Clean Air
 
Powertrain
 
Ride Performance(2)
 
Motorparts
 
Corporate
 
Total
Severance and other charges, net
$
25

 
$
29

 
$
50

 
$
12

 
$
2

 
$
118

 
 
 
 
 
 
 
 
 
 
 
 
Other non-restructuring asset impairments
1

 
—

 
—

 
1

 
—

 
2

Impairment of assets held for sale
—

 
—

 
—

 
8

 
—

 
8

Total asset impairment charges
1

 
—

 
—

 
9

 
—

 
10

Total restructuring charges, asset impairments, and other
$
26

 
$
29

 
$
50

 
$
21

 
$
2

 
$
128

(1) The Ride Performance segment includes $8 million, $20 million, and $30 million of other charges for the three months ended March 31, 2019, six months ended June 30, and for the nine months ended September 30, 2019.

 
Nine Months Ended September 30, 2018
 
Clean Air
 
Powertrain
 
Ride Performance
 
Motorparts
 
Corporate
 
Total
Severance and other charges, net
$
19

 
$
—

 
$
27

 
$
6

 
$
3

 
$
55

 
 
 
 
 
 
 
 
 
 
 
 
Other non-restructuring asset impairments
—

 
—

 
—

 
—

 
2

 
2

Total restructuring charges, asset impairments, and other
$
19

 
$
—

 
$
27

 
$
6

 
$
5

 
$
57



During the three and nine months ended September 30, 2019, the Company incurred $3 million and $12 million in restructuring and related costs and reduced previously recorded estimates by $1 million and $3 million related to a restructuring plan designed to achieve a portion of the synergies the Company anticipates achieving in connection with the Federal-Mogul Acquisition. Pursuant to the plan, the Company will reduce its headcount globally across all segments. The Company began implementing headcount reductions in January 2019 and these actions will continue throughout 2019. The Federal-Mogul Acquisition is discussed further in Note 3, Acquisitions and Divestitures. During the three and nine months ended September 30, 2019, the Company also incurred $15 million and $43 million in restructuring and other costs related to plant relocation and closures within its Ride Performance segment. The Company expects the actions to be completed by the second quarter of 2020.

During the three and nine months September 30, 2018, the Company incurred $8 million and $22 million in restructuring and other costs related to the accelerated move of the Beijing Ride Performance plant.

Restructuring Reserve Rollforward
Amounts related to activities that were charges to restructuring reserves, including costs incurred to support future structural cost reductions, by reportable segments are as follows:
 
Reportable Segments
 
 
 
 
 
Clean Air
 
Powertrain
 
Ride Performance(1)
 
Motorparts
 
Total Reportable Segments
 
Corporate
 
Total
Balance as of December 31, 2018
$
17

 
$
15

 
$
25

 
$
43

 
$
100

 
$
3

 
$
103

Provisions
5

 
1

 
13

 
4

 
23

 
1

 
24

Payments
(6
)
 
(3
)
 
(13
)
 
(14
)
 
(36
)
 
(2
)
 
(38
)
Balance as of March 31, 2019
16

 
13

 
25

 
33

 
87

 
2

 
89

Provisions
14

 
17

 
22

 
8

 
61

 
—

 
61

Revisions to estimates
—

 
—

 
—

 
(2
)
 
(2
)
 
—

 
(2
)
Payments
(2
)
 
(4
)
 
(19
)
 
(7
)
 
(32
)
 
(1
)
 
(33
)
Balance as of June 30, 2019
28

 
26

 
28

 
32

 
114

 
1

 
115

Provisions
6

 
11

 
15

 
4

 
36

 
1

 
37

Revisions to estimates
—

 
—

 
—

 
(2
)
 
(2
)
 
—

 
(2
)
Payments
(7
)
 
(4
)
 
(19
)
 
(13
)
 
(43
)
 
(2
)
 
(45
)
Foreign currency
(1
)
 
—

 
—

 
—

 
(1
)
 
—

 
(1
)
Balance as of September 30, 2019
$
26

 
$
33

 
$
24

 
$
21

 
$
104

 
$
—

 
$
104

(1) The Ride Performance segment includes $8 million, $12 million, and $10 million of other charges and payments in each of the three months ended March 31, 2019, June 30, 2019, and September 30, 2019.
 
Reportable Segments
 
 
 
 
 
Clean Air
 
Powertrain
 
Ride Performance
 
Motorparts
 
Total Reportable Segments
 
Corporate
 
Total
Balance as of December 31, 2017
$
14

 
$
—

 
$
7

 
$
4

 
$
25

 
$
—

 
$
25

Provisions
1

 
—

 
8

 
3

 
12

 
—

 
12

Payments
(5
)
 
—

 
(9
)
 
(2
)
 
(16
)
 
—

 
(16
)
Balance as of March 31, 2018
10

 
—

 
6

 
5

 
21

 
—

 
21

Provisions
17

 
—

 
9

 
1

 
27

 
2

 
29

Payments
(3
)
 
—

 
(10
)
 
(2
)
 
(15
)
 
—

 
(15
)
Balance as of June 30, 2018
24

 
—

 
5

 
4

 
33

 
2

 
35

Provisions
1

 
—

 
10

 
2

 
13

 
1

 
14

Payments
(2
)
 
—

 
(7
)
 
(5
)
 
(14
)
 
(2
)
 
(16
)
Foreign currency
(1
)
 
—

 
—

 
—

 
(1
)
 
—

 
(1
)
Balance as of September 30, 2018
$
22

 
$
—

 
$
8

 
$
1

 
$
31

 
$
1

 
$
32


The following table provides a summary of the Company's restructuring liabilities and related activity for each type of exit costs:
 
Employee Costs
 
Facility Closure and Other Costs(1)
 
Total
Balance as of December 31, 2018
$
98

 
$
5

 
$
103

Provisions
11

 
13

 
24

Payments
(25
)
 
(13
)
 
(38
)
Balance as of March 31, 2019
84

 
5

 
89

Provisions
44

 
17

 
61

Revisions to estimates
(2
)
 
—

 
(2
)
Payments
(16
)
 
(17
)
 
(33
)
Balance as of June 30, 2019
110

 
5

 
115

Provisions
22

 
15

 
37

Revisions to estimates
(2
)
 
—

 
(2
)
Payments
(29
)
 
(16
)
 
(45
)
Foreign currency
(1
)
 
—

 
(1
)
Balance as of September 30, 2019
$
100

 
$
4

 
$
104

(1) Facility closure and other costs includes $8 million, $12 million, and $10 million of other charges and payments in each of the three months ended March 31, 2019, June 30, 2019, and September 30, 2019 related to the Ride Performance segment.
 
Employee Costs
 
Facility Closure and Other Costs
 
Total
Balance as of December 31, 2017
$
19

 
$
6

 
$
25

Provisions
10

 
2

 
12

Payments
(13
)
 
(3
)
 
(16
)
Balance as of March 31, 2018
16

 
5

 
21

Provisions
26

 
3

 
29

Payments
(12
)
 
(3
)
 
(15
)
Balance as of June 30, 2018
30

 
5

 
35

Provisions
2

 
12

 
14

Payments
(4
)
 
(12
)
 
(16
)
Foreign currency
(1
)
 
—

 
(1
)
Balance as of September 30, 2018
$
27

 
$
5

 
$
32