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Business Restructuring
9 Months Ended
Sep. 30, 2017
Restructuring and Related Activities [Abstract]  
Business Restructuring
Business Restructuring
The Company records restructuring liabilities that represent charges incurred in connection with consolidations of certain operations, including operations from acquisitions, as well as headcount reduction programs. These charges consist primarily of severance costs and asset write-downs.
In December 2016, PPG’s Board of Directors approved a business restructuring program which includes actions necessary to reduce its global cost structure. The program is focused on certain regions and end-use markets where business conditions are the weakest, as well as reductions in production capacity and various global functional and administrative costs. The restructuring actions will result in the net reduction of approximately 1,700 positions, with substantially all actions to be completed by the first quarter of 2018.
The following table summarizes the 2016 restructuring charge, the reserve activity for 2016, and the reserve activity for the nine months ended September 30, 2017:
($ in millions, except for employees impacted)
Severance and Other Costs
 
Asset Write-offs
 
Total Reserve
 
Employees Impacted
Performance Coatings
$
77

 
$
45

 
$
122

 
1,069

Industrial Coatings
52

 
14

 
66

 
804

Corporate
7

 

 
7

 
85

2016 restructuring charge
$
136

 
$
59

 
$
195

 
1,958

2016 Activity
(6
)
 
(59
)
 
(65
)
 
(40
)
December 31, 2016
$
130

 
$

 
$
130

 
1,918

2017 Activity
(28
)
 

 
(28
)
 
(853
)
Foreign currency
16

 

 
16

 

September 30, 2017
$
118

 
$

 
$
118

 
1,065