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Restructuring Activities
12 Months Ended
Dec. 31, 2016
Restructuring And Related Activities [Abstract]  
Restructuring Activities

9. Restructuring Activities

Restructuring charges primarily relate to employee separation packages. The amounts are calculated based on salary levels and past service periods. Severance costs are generally charged to earnings when planned employee terminations are approved.

A summary of the changes in the liabilities for restructuring activities is provided below:

 

 

 

Total

 

(IN MILLIONS)

 

Initiatives

 

Balance at December 31, 2013

 

$

99

 

Charges

 

 

89

 

Non cash charges and other adjustments

 

 

(3

)

Payments

 

 

(113

)

Balance at December 31, 2014

 

 

72

 

Charges

 

 

51

 

Non cash charges and other adjustments

 

 

(8

)

Payments

 

 

(77

)

Balance at December 31, 2015

 

 

38

 

Charges

 

 

105

 

Non cash charges and other adjustments

 

 

(1

)

Payments

 

 

(69

)

Balance at December 31, 2016

 

$

73

 

 

Of the $73 million in remaining liabilities for restructuring actions, $67 million is expected to be paid within one year and is classified as a current liability within the consolidated financial statements as of December 31, 2016.

Productivity Initiatives  

The Company recorded $105 million in restructuring charges primarily relating to employee severance associated with productivity initiatives and contract termination costs during the year ended December 31, 2016.

The Company recorded $51 million and $89 million in restructuring charges primarily relating to employee severance associated with productivity initiatives during the years ended December 31, 2015 and 2014, respectively.