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Business Restructuring
 12 Months Ended
Dec. 31, 2017
Restructuring and Related Activities [Abstract]  
Business Restructuring
Business Restructuring (As Restated)
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.
A pre-tax restructuring charge of $191 million (as restated) was recorded in December 2016, representing $195 million of restructuring actions, net of the reversal of the remaining reserve of $4 million related to the 2015 restructuring program that was completed in 2016. Related to the $195 million of new restructuring actions approved in December 2016, approximately $136 million represents employee severance and other cash costs and $59 million is related to the write-down of certain assets held for sale and other non-cash costs. The restructuring actions will result in the net reduction of approximately 1,700 positions, with substantially all actions to be completed in the first half of 2018.
2016 Restructuring and Associated Reserve Activity
($ in millions, except no. of employees)
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

Total 2016 restructuring charge

$136

 

$59

 

$195

 
1,958

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

$130

 

$—

 

$130

 
1,918

2017 Activity
(46
)
 
—

 
(46
)
 
(969
)
Foreign currency impact
18

 
—

 
18

 
—

December 31, 2017

$102

 

$—

 

$102

 
949