RESTRUCTURING, IMPAIRMENT AND PLANT CLOSING COSTS (Tables)

9 Months Ended

Sep. 30, 2017

RESTRUCTURING, IMPAIRMENT AND PLANT CLOSING COSTS

Schedule of accrued restructuring, impairment and plant closing costs by type of cost and initiative

			Other
	Workforce		restructuring
(Dollars in millions)	reductions(1)		costs		Total(2)
Accrued liabilities as of December 31, 2016	$	21	$	—	$	21
2017 charges		34		8		42
2017 payments		(15)		(8)		(23)
Foreign currency effect on liability balance		1		—		1
Accrued liabilities as of September 30, 2017	$	41	$	—	$	41

(1) The total workforce reduction reserves of $41 million relate to the termination of 338 positions, of which zero positions had been terminated as of September 30, 2017.

(2) Accrued liabilities remaining, for continuing operations, at September 30, 2017 and December 31, 2016 by year of initiatives were as follows:

	September 30,		December 31,
(Dollars in millions)	2017		2016
2015 initiatives and prior	$	12	$	21
2016 initiatives		—		—
2017 initiatives		29		—
Total	$	41	$	21

Schedule of accrued liabilities by year of initiatives

	September 30,		December 31,
(Dollars in millions)	2017		2016
2015 initiatives and prior	$	12	$	21
2016 initiatives		—		—
2017 initiatives		29		—
Total	$	41	$	21

Schedule of details with respect to reserves for restructuring, impairment and plant closing costs, provided by segment and initiative

	Titanium		Performance
(Dollars in millions)	Dioxide		Additives		Total
Accrued liabilities as of December 31, 2016	$	12	$	9	$	21
2017 charges		33		9		42
2017 payments		(14)		(9)		(23)
Foreign currency effect on liability balance		1		—		1
Accrued liabilities as of September 30, 2017	$	32	$	9	$	41
Current portion of restructuring reserves	$	28	$	9	$	37
Long-term portion of restructuring reserve		4		—		4

Schedule of cash and noncash restructuring charges by initiative

	Three months ended		Nine months ended
(Dollars in millions)	September 30, 2017		September 30, 2017
Cash charges	$	16	$	42
Impairment of assets		—		3
Other noncash charges		—		4
Total 2017 Restructuring, Impairment and Plant Closing Costs	$	16	$	49

	Three months ended		Nine months ended
(Dollars in millions)	September 30, 2016		September 30, 2016
Cash charges	$	6	$	22
Accelerated depreciation		1		8
Other noncash charges		—		1
Total 2016 Restructuring, Impairment and Plant Closing Costs	$	7	$	31