Restructuring

During first quarter 2017, the Company initiated a strategic restructuring initiative to drive operational efficiency throughout the organization by reducing headcount, improving processes and consolidating functions (the “T17 restructuring”). During the three months ended March 31, 2017, as part of this process, the Company formally communicated the termination of employment to approximately 335 employees, and as of March 31, 2017, the Company had terminated approximately 240 of these employees. The costs associated with this initiative primarily represent severance, outplacement services and other costs associated with employee terminations, the majority of which have been or are expected to be settled in cash. The Company expects further restructuring expense of approximately $40 million related to this initiative to be incurred in 2017.

In conjunction with previous acquisitions, the Company identified opportunities to integrate and streamline its operations, primarily in Europe. This initiative is substantially complete, and the Company does not anticipate any further restructuring expense related to this initiative.

In 2014, the Company committed to various strategic initiatives to identify best practices and drive efficiency throughout its organization, by reducing headcount, improving processes and consolidating functions (the “T15 restructuring”). The Company does not anticipate any further restructuring expense related to this initiative.

The following tables summarize the changes to our restructuring-related liabilities and identify the amounts recorded within the Company’s reporting segments for restructuring charges and corresponding payments:



		Americas			International			Total
Balance as of January 1, 2017		$	1		$	5		$	6
	T17 restructuring expense	7			—			7
	T17 restructuring payment	(2		)	—			(2		)
	T15 restructuring payment	—			(1		)	(1		)
Balance as of March 31, 2017		$	6		$	4		$	10

		Personnel Related			Facility Related			Total
Balance as of January 1, 2017		$	5		$	1		$	6
	T17 restructuring expense	7			—			7
	T17 restructuring payment	(2		)	—			(2		)
	T15 restructuring payment	(1		)	—			(1		)
Balance as of March 31, 2017		$	9		$	1		$	10