Restructuring

As part of its ongoing effort to implement a strategy of reducing operating costs, as well as the integration of Dollar Thrifty, the Company has evaluated its workforce and operations and made adjustments, including headcount reductions and business process re-engineering.

Restructuring charges in the condensed consolidated statements of operations are as follows:



	Three Months Ended June 30,					Six Months Ended June 30,
(In millions)	2015			2014		2015			2014
By Type:
Termination benefits	$	6		$	9	$	12		$	18
Asset write-downs	—			10		1			10
Facility closure and lease obligation costs	14			11		15			17
Other non-cash charges	(1		)	—		(2		)	—
Total	$	19		$	30	$	26		$	45



	Three Months Ended June 30,				Six Months Ended June 30,
(In millions)	2015		2014		2015		2014
By Caption:
Direct operating	$	14	$	20	$	16	$	26
Selling, general and administrative	5		10		10		19
Total	$	19	$	30	$	26	$	45



	Three Months Ended June 30,				Six Months Ended June 30,
(In millions)	2015		2014		2015		2014
By Segment:
U.S. Car Rental	$	14	$	13	$	16	$	18
International Car Rental	5		11		7		15
Worldwide Equipment Rental	—		—		1		3
Corporate	—		6		2		9
Total	$	19	$	30	$	26	$	45

The following table sets forth the activity affecting the restructuring accrual during the six months ended June 30, 2015. The remainder of the restructuring accrual relates to future lease obligations which will be paid over the remaining term of the applicable leases.



(In millions)	Termination Benefits			Other			Total
Balance as of January 1, 2015	$	21		$	22		$	43
Charges incurred	12			14			26
Cash payments	(15		)	(10		)	(25		)
Other non-cash changes	(1		)	(3		)	(4		)
Balance as of June 30, 2015	$	17		$	23		$	40