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Restructuring
3 Months Ended
Mar. 31, 2019
Restructuring and Related Activities [Abstract]  
Restructuring Activities
3.
Restructuring and Other Related Charges

Restructuring

During first quarter 2019, the Company initiated a restructuring plan to drive global efficiency by improving processes and consolidating functions, and to create new objectives and strategies for its U.S. truck rental operations by reducing headcount, large vehicles and rental locations (“T19”). During the three months ended March 31, 2019, as part of this process, the Company formally communicated the termination of employment to approximately 160 employees, and as of March 31, 2019, the Company had terminated approximately 130 of these employees. The Company expects further restructuring expense of approximately $40 million related to this initiative to be incurred in 2019.

During first quarter 2018, the Company initiated a strategic restructuring plan to improve processes and reduce headcount in response to its new workforce planning technology that allows more effective management of staff levels (“Workforce planning”). The costs associated with this initiative primarily represent severance, outplacement services and other costs associated with employee terminations, the majority of which have been settled in cash. This initiative is complete.

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 and utilizations:
 
 
Americas
 
International
 
Total
Balance as of January 1, 2019
$

 
$
2

 
$
2

 
Restructuring expense:
 
 
 
 
 
 
T19
14

 
4

 
18

 
Restructuring payment/utilization:
 
 
 
 
 
 
T19
(14
)
 
(2
)
 
(16
)
 
Workforce planning

 
(1
)
 
(1
)
Balance as of March 31, 2019
$

 
$
3

 
$
3

 
 
 
 
 
 
 
 
 
Personnel
Related
 
Other (a)
 
Total
Balance as of January 1, 2019
$
1

 
$
1

 
$
2

 
Restructuring expense:
 
 
 
 
 
 
T19
8

 
10

 
18

 
Restructuring payment/utilization:
 
 
 
 
 
 
T19
(7
)
 
(9
)
 
(16
)
 
Workforce planning
(1
)
 

 
(1
)
Balance as of March 31, 2019
$
1

 
$
2

 
$
3


__________
(a) 
Includes expenses primarily related to the disposition of vehicles.

Other Related Charges

Officer Separation Costs

On March 18, 2019, the Company announced the resignation of Mark J. Servodidio as the Company’s President, International effective June 14, 2019. In connection with Mr. Servodidio’s departure, the Company recorded other related charges of approximately $3 million, inclusive of accelerated stock-based compensation expense.