Employee Severance and Termination Costs

6 Months Ended

Jul. 01, 2011

Employee Severance and Termination Costs [Abstract]

Employee Severance and Termination Costs

23.  Employee Severance and Termination Costs

The Company continues to complete headcount reductions across several businesses to reduce both direct and indirect costs, including general and administrative and overhead. As a result of this initiative, the Company recorded a total of $17 million in employee severance and other related termination costs for approximately 700 employees, primarily in the Electronic Systems segment during the year ended December 31, 2010. The Company recorded $10 million in additional employee severance and other related termination costs for approximately 600 employees during the first half of 2011. At July 1, 2011, the remaining balance to be paid for this initiative was $10 million.