XML 48 R37.htm IDEA: XBRL DOCUMENT v3.5.0.2
Note 11 - Restructuring Liabilities (Tables)
 9 Months Ended
Sep. 30, 2016
Table [Text Block]  
Restructuring and Related Costs [Table Text Block]

The activity in the accrued balances and the non-cash charges and credits incurred in relation to restructuring activities for the three and nine months ended September 30, 2016 were as follows:

 

(in millions)

 

Severance

Reserve (1)

 

 

Exit

Costs

Reserve (1)

 

 

Long-lived Asset

Impairments and

Inventory

Write-downs (1)

 

 

Total

 

Balance as of December 31, 2015

 

$

7

 

 

$

4

 

 

$

-

 

 

$

11

 

Q1 charges - continuing operations

 

 

4

 

 

 

-

 

 

 

1

 

 

 

5

 

Q1 utilization/cash payments

 

 

(5

)

 

 

(1

)

 

 

(1

)

 

 

(7

)

Q1 other adjustments and reclasses (2)

 

 

(1

)

 

 

-

 

 

 

-

 

 

 

(1

)

Balance as of March 31, 2016

 

$

5

 

 

$

3

 

 

$

—

 

 

$

8

 

Q2 charges - continuing operations

 

$

6

 

 

$

1

 

 

$

-

 

 

$

7

 

Q2 charges - discontinued operations

 

 

1

 

 

 

-

 

 

 

-

 

 

 

1

 

Q2 utilization/cash payments

 

 

(3

)

 

 

(1

)

 

 

-

 

 

 

(4

)

Q2 other adjustments and reclasses (3)

 

 

(1

)

 

 

-

 

 

 

-

 

 

 

(1

)

Balance as of June 30, 2016

 

$

8

 

 

$

3

 

 

$

—

 

 

$

11

 

Q3 charges - continuing operations

 

$

1

 

 

$

-

 

 

$

-

 

 

$

1

 

Q3 utilization/cash payments

 

 

(4

)

 

 

-

 

 

 

-

 

 

 

(4

)

Balance as of September 30, 2016

 

$

5

 

 

$

3

 

 

$

—

 

 

$

8

 

 

(1)

The severance and exit costs reserves require the outlay of cash, while long-lived asset impairments and inventory write-downs represent non-cash items.

(2)

The $(1) million represents severance related charges for pension plan special termination benefits, which are reflected in Pension and other postretirement liabilities in the Consolidated Statement of Financial Position.

(3)

The $(1) million represents severance related charges for pension plan curtailments and special termination benefits, which are reflected in Pension and other retirement liabilities in the Consolidated Statement of Financial Position.