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Asset Impairment, Exit, and Restructuring Costs
9 Months Ended
Sep. 30, 2014
Restructuring, Settlement and Impairment Provisions [Abstract]  
Asset Impairment, Exit, and Restructuring Costs
Asset Impairment, Exit, and Restructuring Costs

Asset impairment, exit, and restructuring costs recognized in the nine months ended September 30, 2014 of $31 million consisted of costs associated with the relocation of the Company’s global headquarters to Chicago, IL of $16 million and restructuring charges related to Toepfer integration following the acquisition of the minority interest and other restructuring charges of $15 million.

Asset impairment, exit, and restructuring costs recognized in the three and nine months ended September 30, 2013 of $23 million consisted of property, plant, and equipment asset impairments of $12 million and an other-than-temporary writedown of an investment of $11 million.