Employee Separation / Asset Related Charges, Net

6 Months Ended

Jun. 30, 2011

Employee Separation / Asset Related Charges, Net

At June 30, 2011, total liabilities relating to prior restructuring activities were $28. A complete discussion of restructuring initiatives is included in the company’s 2010 Annual Report in Note 4, “Employee Separation / Asset Related Charges, Net.”

2009 Restructuring Program

Account balances and activity for the 2009 restructuring program are summarized below:



	Employee Separation Costs			Other Non- personnel Charges¹		Total
Balance at December 31, 2010	$	46		$	1	$	47
Payments	(28		)	—		(28		)
Net translation adjustment	2			—		2
Balance as of June 30, 2011	$	20		$	1	$	21

__________________________________

¹Other non-personnel charges consist of contractual obligation costs.

There were $28 of employee separation cash payments related to the 2009 restructuring program during the six months ended June 30, 2011. The actions related to the 2009 restructuring program were substantially completed by the end of 2010 with payments continuing into 2011, primarily in Europe.

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References+ Details