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Restructuring and Other Charges (Benefits)
12 Months Ended
Dec. 31, 2017
Restructuring and Related Activities [Abstract]  
Restructuring and Other Charges (Benefits)
Restructuring and Other Charges (Benefits)

The following table presents restructuring and other charges (benefits) included in cost of revenues and restructuring and other charges (benefits) in the Consolidated Statements of Operations (in millions):
 
Years Ended December 31,
 
2017
 
2016
 
2015
Severance
$
57.7

 
$
2.8

 
$
0.4

Facilities

 
0.5

 
(1.0
)
Contract terminations
7.9

 

 

Asset write-downs

 

 
(3.5
)
Total
$
65.6

 
$
3.3

 
$
(4.1
)
 
 
 
 
 
 
Reported as:
 
 
 
 
 
Cost of revenues
$

 
$

 
$
(3.5
)
Restructuring charges (benefits)
65.6

 
3.3

 
(0.6
)
Total
$
65.6

 
$
3.3

 
$
(4.1
)


2017 Restructuring Plan

During the first quarter of 2017, the Company initiated a restructuring plan (the “2017 Restructuring Plan”) to realign its workforce and increase operational efficiencies. The 2017 Restructuring Plan consisted of severance and contract termination costs that were recorded to restructuring charges (benefits) in the Consolidated Statement of Operations. In the fourth quarter of 2017, the Company amended the 2017 Restructuring Plan to further realign its workforce and also incurred charges related to contract terminations.

During the year ended December 31, 2017, the Company recorded $57.7 million of severance costs and $7.9 million of contract terminations, respectively, that were recorded to restructuring charges (benefits) in the Consolidated Statement of Operations. The Company does not expect to incur material future charges under the 2017 Restructuring Plan.

Prior Restructuring Activities

In 2016, the Company recorded restructuring charges related to severance costs for certain former BTI employees as well as restructuring costs related to facilities. In 2015, the Company recorded favorable adjustments for changes in previous estimates associated with restructuring activities initiated in 2014. These activities were substantially completed as of December 31, 2017.

Restructuring liabilities are reported within other accrued liabilities in the Consolidated Balance Sheets. The following table provides a summary of changes in the restructuring liabilities (in millions):
 
December 31,
2016
 
Charges
 
Cash
Payments
 

Other
 
December 31,
2017
Severance
$
0.7

 
$
57.7

 
$
(40.5
)
 
$
(0.2
)
 
$
17.7

Contract terminations and other
0.5

 
7.9

 
(6.2
)
 
0.1

 
2.3

Total
$
1.2

 
$
65.6

 
$
(46.7
)
 
$
(0.1
)
 
$
20.0


The Company expects to substantially pay the remaining restructuring liabilities in the first quarter of 2018.