We are currently pursuing several multi-year restructuring initiatives designed to increase our efficiency and focus our business behind our key growth strategies. Charges related to these activities were as follows:

	Quarter Ended												Six-Month Period Ended
	Nov. 23, 2014												Nov. 23, 2014
In Millions		Severance		Asset Write-offs		Pension Related		Accelerated Depreciation		Other		Total		Severance		Asset Write-offs		Pension Related		Accelerated Depreciation		Other		Total
Project Catalyst	$	145.0	$	-	$	-	$	-	$	-	$	145.0	$	145.0	$	-	$	-	$	-	$	-	$	145.0
Project Century		21.7		32.6		15.6		12.6		6.4		88.9		21.7		32.6		15.6		12.6		6.4		88.9
Combination of certain
operational facilities		(0.1)		-		-		-		-		(0.1)		13.0		0.7		-		-		0.2		13.9
Charges associated with
restructuring actions
previously announced		(0.6)		-		-		-		-		(0.6)		(0.6)		-		-		-		-		(0.6)
Total	$	166.0	$	32.6	$	15.6	$	12.6	$	6.4	$	233.2	$	179.1	$	33.3	$	15.6	$	12.6	$	6.6	$	247.2

These charges are classified in our Consolidated Statements of Earnings as follows:

		Quarter Ended				Six-Month Period Ended
In Millions		Nov. 23, 2014		Nov. 24, 2013		Nov. 23, 2014		Nov. 24, 2013
Cost of sales	$	18.6	$	-	$	18.6	$	-
Restructuring, impairment, and other exit costs		214.6		0.7		228.6		3.5
Total	$	233.2	$	0.7	$	247.2	$	3.5

During the second quarter of fiscal 2015, we approved Project Catalyst, a restructuring plan to increase organizational effectiveness and reduce overhead expense. In connection with this project, we expect to eliminate approximately 700 to 800 positions primarily in the United States. We expect to incur approximately $160 million of net expenses relating to these actions of which approximately $123 million will be cash. We expect these actions to be largely completed by the end of fiscal 2015.

Project Century is a review of our North American manufacturing and distribution network to streamline operations and identify potential capacity reductions which we expect to complete by the end of fiscal 2017. During the second quarter of fiscal 2015, we approved a restructuring plan to consolidate yogurt manufacturing capacity and exit our Methuen, MA facility in our U.S. Retail and Convenience Stores and Foodservice supply chains as part of Project Century. This action will affect approximately 250 positions. We expect to incur approximately $65 million of net expenses relating to this action of which approximately $17 million will be cash. We expect this action to be completed by the end of fiscal 2016.

Also as part of Project Century, during the second quarter of fiscal 2015, we approved a restructuring plan to eliminate excess cereal and dry mix capacity and exit our Lodi, CA facility in our U.S. Retail supply chain. This action will affect approximately 430 positions. We expect to incur approximately $123 million of net expenses relating to this action of which approximately $24 million will be cash. We expect this action to be completed by the end of fiscal 2016.

During the first quarter of fiscal 2015, we approved a plan to combine certain Yoplait and General Mills operational facilities within our International segment to increase efficiencies and reduce costs. This action will affect approximately 240 positions. We expect to incur approximately $15 million of net expenses relating to this action of which approximately $14 million will be cash. We expect this action to be completed in fiscal 2016.

During the six-month period ended November 23, 2014, we paid $10.5 million in cash related to restructuring actions.

The roll forward of our restructuring and other exit cost reserves, included in other current liabilities, is as follows:

In Millions		Severance		Contract Termination		Other Exit Costs		Total
Reserve balance as of May 25, 2014	$	3.5	$	-	$	-	$	3.5
Fiscal 2015 charges, including foreign currency translation		168.2		0.7		0.1		169.0
Utilized in fiscal 2015		(4.0)		-		-		(4.0)
Reserve balance as of Nov. 23, 2014	$	167.7	$	0.7	$	0.1	$	168.5

The charges recognized in the roll forward of our reserves for restructuring and other exit costs do not include items charged directly to expense (e.g., asset impairment charges, the gain or loss on the sale of restructured assets, and the write-off of spare parts) and other periodic exit costs recognized as incurred, as those items are not reflected in our restructuring and other exit cost reserves on our Consolidated Balance Sheets.