CHARGES FOR INTEGRATION AND RESTRUCTURING, CLOSURES AND ASSET IMPAIRMENTS



	QUARTER ENDED
DOLLAR AMOUNTS IN MILLIONS	MARCH 2017		MARCH 2016
Integration and restructuring charges related to our merger with Plum Creek:
Termination benefits	$	6	$	45
Acceleration of share-based compensation related to qualifying terminations	—		19
Acceleration of pension benefits related to qualifying terminations	—		5
Professional services	3		39
Other integration and restructuring costs	3		2
Total integration and restructuring charges related to our merger with Plum Creek	12		110
Charges related to closures and other restructuring activities:
Termination benefits	1		—
Other closures and restructuring costs	—		1
Total charges related to closures and other restructuring activities	1		1
Total charges for integration and restructuring, closures and impairments	$	13	$	111

During 2017, we incurred and accrued for termination benefits (primarily severance) and non-recurring professional services costs directly attributable to our merger with Plum Creek.

During 2016, we incurred and accrued for termination benefits (primarily severance), accelerated share-based payment costs, and accelerated pension benefits based upon actual and expected qualifying terminations of certain employees as a result of restructuring decisions made subsequent to the merger. We also incurred non-recurring professional services costs for investment banking, legal and consulting, and certain other fees directly attributable to our merger with Plum Creek.

Changes in accrued severance related to restructuring during the year-to-date period ended March 31, 2017, were as follows:



DOLLAR AMOUNTS IN MILLIONS
Accrued severance as of December 31, 2016	$	26
Charges	7
Payments	(14		)
Accrued severance as of March 31, 2017	$	19

Accrued severance is recorded within the "Wages, salaries and severance pay" component of "Accrued liabilities" on our Consolidated Balance Sheet as detailed in Note 9: Accrued Liabilities. The majority of the accrued severance balance as of March 31, 2017, is expected to be paid within one year.