XML 34 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
Provisions
12 Months Ended
Dec. 31, 2017
Provisions  
Provisions

19. Provisions

 

 

 

 

 

 

 

At December 31,

 

 

2017

 

2016

 

    

$m

    

$m

Current

 

70

 

73

Non-current

 

44

 

60

 

 

114

 

133

 

 

 

 

 

 

 

 

 

 

 

 

Other

 

Total

 

 

Restructuring

 

provisions

 

provisions

 

    

$m

    

$m

    

$m

At January 1, 2016

 

20

 

85

 

105

Acquisitions (Note 22)

 

 —

 

42

 

42

Provided

 

28

 

32

 

60

Released

 

(12)

 

(17)

 

(29)

Paid

 

(11)

 

(31)

 

(42)

Exchange

 

(2)

 

(1)

 

(3)

At December 31, 2016

 

23

 

110

 

133

Provided

 

12

 

26

 

38

Released

 

(2)

 

(31)

 

(33)

Paid

 

(10)

 

(21)

 

(31)

Exchange

 

 2

 

 5

 

 7

At December 31, 2017

 

25

 

89

 

114

 

The restructuring provision relates to redundancy and other restructuring costs. Other provisions relate to probable environmental claims, customer quality claims, workers’ compensation provisions in Glass Packaging North America, and onerous leases.

The provisions classified as current are expected to be paid in the next twelve months. The majority of the restructuring provision is expected to be paid in 2018. The remaining balance contains longer term provisions for which the timing of the related payments is subject to uncertainty.