XML 45 R32.htm IDEA: XBRL DOCUMENT v3.5.0.2
RESTRUCTURING (Tables)
9 Months Ended
Sep. 30, 2016
Restructuring Cost and Reserve [Line Items]  
Restructuring and Related Costs [Table Text Block]
The impact of these charges is shown as "Restructuring charges" in the consolidated statements of income and reflected in the Company's segment results as shown in the following table:

2016 Restructuring Charges by
Operating Segment
 
Severance Costs

 
Impairment of Long-Lived Assets and Other Assets

 
Costs Associated with Exit or Disposal Activities

 
Total

In millions
Consumer Solutions
 
$

 
$
23

 
$
5

 
$
28

Infrastructure Solutions
 

 
74

 
23

 
97

Performance Plastics
 

 
10

 

 
10

Corporate
 
268

 
46

 

 
314

Total
 
$
268

 
$
153

 
$
28

 
$
449

2016 Restructuring [Member]  
Restructuring Cost and Reserve [Line Items]  
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
The following table summarizes the activities related to the Company's 2016 restructuring reserve, which is included in "Accrued and other current liabilities" and "Other noncurrent obligations" in the consolidated balance sheets:

2016 Restructuring Activities
 
Severance Costs

 
Impairment of Long-Lived Assets and Other Assets

 
Costs Associated with Exit and Disposal Activities

 
Total

In millions
Restructuring charges recognized in the second quarter of 2016
 
$
268

 
$
153

 
$
28

 
$
449

Charges against the reserve
 

 
(153
)
 

 
(153
)
Reserve balance at June 30, 2016
 
$
268

 
$

 
$
28

 
$
296

Cash payments
 
(24
)
 

 
(1
)
 
(25
)
Reserve balance at September 30, 2016
 
$
244

 
$

 
$
27

 
$
271

2015 Restructuring [Member]  
Restructuring Cost and Reserve [Line Items]  
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
The following table summarizes the activities related to the Company's 2015 restructuring reserve, which is included in "Accrued and other current liabilities" and "Other noncurrent obligations" in the consolidated balance sheets:

2015 Restructuring Activities
 
 
Costs Associated with Exit and Disposal Activities

 
 

In millions
 
Severance Costs

 
Total

Reserve balance at Dec 31, 2015
 
$
143

$
10

 
$
153

Cash payments
 
(30
)
(1
)
 
(31
)
Reserve balance at Mar 31, 2016
 
$
113

$
9

 
$
122

Adjustments to the reserve
 

5

 
5

Cash payments
 
(25
)
(1
)
 
(26
)
Reserve balance at June 30, 2016
 
$
88

$
13

 
$
101

Adjustments to the reserve
 

1

 
1

Cash payments
 
(24
)
(5
)
 
(29
)
Reserve balance at September 30, 2016
 
$
64

$
9

 
$
73