Restructuring expense reflects costs associated with the Company’s ongoing efforts to improve operational efficiency and deploy assets globally in order to remain competitive on a worldwide basis. The Company expects full year 2017 restructuring expense to be approximately $85 million, of which approximately $35 million relates to the valves & controls business. The full year expense includes $45 million incurred to date, as well as costs to complete actions initiated before the end of the third quarter and actions anticipated to be approved and initiated during the remainder of the year. Costs for the three and nine months ended June 30, 2017 largely relate to restructuring of the global cost structure consistent with the current level of economic activity, as well as the redeployment of resources for future growth.

Restructuring expense by business segment follows (in millions):



	Three Months Ended June 30,					Nine Months Ended June 30,
	2016			2017		2016		2017

Automation Solutions		$	9		20		22		35

Climate Technologies		1			1		4		8
Tools & Home Products		—			—		2		1
Commercial & Residential Solutions		1			1		6		9

Corporate		3			—		3		1

Total		$	13		21		31		45

The increase in restructuring expense largely relates to the valves & controls business which incurred costs of $9 million in the third quarter.

Details of the change in the liability for restructuring costs during the nine months ended June 30, 2017 follow (in millions):



	Sept 30, 2016			Expense		Utilized/Paid		June 30, 2017

Severance and benefits		$	44		26		22		48
Lease and other contract terminations		5			—		2		3
Asset write-downs		—			2		2		—
Vacant facility and other shutdown costs		3			4		5		2
Start-up and moving costs		2			13		11		4
Total		$	54		45		42		57