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Restructuring Charges and Asset Impairment
 6 Months Ended
Jun. 30, 2016
Restructuring and Related Activities [Abstract]  
Restructuring Charges and Asset Impairment
Restructuring Charges and Asset Impairments
Restructuring charges
The table below shows the activity in our restructuring reserves for the six months ended June 30, 2016 and 2015:
 
Severance and benefits costs
 
Other exit
costs
 
Total
Balance at January 1, 2016
$
43,700

 
$
3,722

 
$
47,422

Expenses, net
21,399

 
1,322

 
22,721

Cash payments
(30,969
)
 
(2,897
)
 
(33,866
)
Balance at June 30, 2016
$
34,130

 
$
2,147

 
$
36,277

 
 
 
 
 
 
Balance at January 1, 2015
$
81,836

 
$
8,343

 
$
90,179

Expenses, net
9,258

 
(198
)
 
9,060

Cash payments
(28,271
)
 
(2,504
)
 
(30,775
)
Balance at June 30, 2015
$
62,823

 
$
5,641

 
$
68,464



The majority of the remaining restructuring reserves are expected to be paid over the next 12 to 24 months; however, due to certain international labor laws and long-term lease agreements, some payments will extend beyond 24 months. We expect to fund these payments from cash flows from operations.

Asset impairments
During the second quarter of 2016, we sold a facility for $18 million and recorded a pre-tax loss on the sale of $5 million. Additionally, we recorded other asset impairment charges of $3 million relating to a building. During the second quarter of 2015, we sold our world headquarters building for $39 million and recorded a pre-tax loss of $5 million. The losses were recognized in restructuring charges and asset impairments, net in the Condensed Consolidated Statements of Income for the three and six months ended June 30, 2016 and 2015.