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Restructuring Charges

12 Months Ended

Dec. 31, 2011

4. Restructuring Charges

During the fourth quarter of 2010, the Company committed to a strategic initiative to rationalize certain centralized functions. Costs of $10 million have been incurred to December 31, 2011 in relation to this plan. Substantially all of the costs incurred were personnel related, and the plan was completed during 2011.

The recognition of restructuring charges and the corresponding utilization of accrued balances are summarized by category as follows:


(in $ millions)	Personnel Related			Facility Related			Other			Total

Balance as of January 1, 2009		9			—			1			10
2007 restructuring plan charges incurred in 2009		14			1			—			15
Cash payments made in 2009		(17	)		—			—			(17	)

Balance as of December 31, 2009		6			1			1			8
2007 restructuring plan charges incurred in 2010		1			4			—			5
2010 restructuring plan charges incurred in 2010		6			—			—			6
Cash payments made in 2010		(5	)		(5	)		—			(10	)

Balance as of December 31, 2010		8			—			1			9
2010 restructuring plan charges incurred in 2011		4			—			—			4
Cash payments made in 2011		(10	)		—			(1	)		(11	)

Balance as of December 31, 2011		2			—			—			2

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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