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Restructuring Charges (Tables)
3 Months Ended
Mar. 31, 2016
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Charges
The following tables present the components of the 2016 Plan and the 2015 Plan restructuring charges by segment for the first quarter of 2016 and 2015.
 
Three Months Ended March 31, 2016
 
 
 
Total
(Dollars in millions)
Severance
Other
Severance and
2016 Plan
Charges
Charges
Other Charges
North America
$
19

$
5

$
24

MENA/Asia Pacific
9


9

Europe/SSA/Russia
15


15

Latin America
15


15

  Subtotal
58

5

63

Land Drilling Rigs
4


4

Corporate and Research and Development
10


10

  Total
$
72

$
5

$
77


 
Three Months Ended March 31, 2015
 
 
 
Total
(Dollars in millions)
Severance
Other
Severance and
2015 Plan
Charges
Charges
Other Charges
North America
$
8

$

$
8

MENA/Asia Pacific
5

1

6

Europe/SSA/Russia
7


7

Latin America
12


12

  Subtotal
32

1

33

Land Drilling Rigs
5


5

Corporate and Research and Development
3


3

  Total
$
40

$
1

$
41

Schedule of Restructuring Reserve by Type of Cost
The severance and other restructuring charges gave rise to certain liabilities, the components of which are summarized below, and largely relate to the severance accrued as part of the plans mentioned previously as well as our 2014 cost reduction plan (the “2014 Plan”) that will be paid pursuant to the respective arrangements and statutory requirements.
 
At March 31, 2016
 
2016 Plan
2015 and 2014 Plans
Total
 
 
 
 
 
Severance
 
Severance
Other
Severance
Other
and Other
(Dollars in millions)
Liability
Liability
Liability
Liability
Liability
North America
$
6

$
5

$
5

$
1

$
17

MENA/Asia Pacific
2


3

4

9

Europe/SSA/Russia
9


5

8

22

Latin America





  Subtotal
17

5

13

13

48

Land Drilling Rigs
1




1

Corporate and Research and Development
4


1


5

  Total
$
22

$
5

$
14

$
13

$
54

The following table presents the restructuring liability activity for the first quarter of 2016.
 
 
 
Three Months Ended March 31, 2016
 
 
(Dollars in millions)
Accrued Balance at December 31, 2015
 
Charges
 
Cash Payments
 
Other 
 
Accrued Balance at March 31, 2016
2016 Plan:
 
 
 
 
 
 
 
 
 
Severance liability
$

 
$
72

 
$
(50
)
 
$

 
$
22

Other restructuring liability

 
5

 

 

 
5

2015 and 2014 Plan:
 
 
 
 
 
 
 
 
 
Severance liability
37

 

 
(20
)
 
(3
)
 
14

Other restructuring liability
14

 

 
(1
)
 

 
13

Total severance and other restructuring liability
$
51

 
$
77

 
$
(71
)
 
$
(3
)
 
$
54