Rationalization Charges

6 Months Ended

Jun. 30, 2017

Restructuring and Related Activities [Abstract]

We continually evaluate cost reduction opportunities across each of our businesses, including rationalizations of our existing facilities through plant closings and downsizings. We use a disciplined approach to identify opportunities that generate attractive cash returns. Rationalization charges by business segment were as follows:



	Three Months Ended				Six Months Ended
	June 30, 2017		June 30, 2016		June 30, 2017		June 30, 2016
	(Dollars in thousands)
Metal Containers	$	2,239	$	4,054	$	2,962	$	4,054
Closures	349		293		401		417
Plastic Containers	450		691		560		1,637
	$	3,038	$	5,038	$	3,923	$	6,108

Activity in reserves for our rationalization plans for the six months ended June 30 was as follows:



	Employee Severance and Benefits			Plant Exit Costs			Non-Cash Asset Write-Down			Total
	(Dollars in thousands)
Balance at December 31, 2016	$	945		$	2,426		$	—		$	3,371
Charged to expense	804			359			2,760			3,923
Utilized and currency translation	(1,422		)	(646		)	(2,760		)	(4,828		)
Balance at June 30, 2017	$	327		$	2,139		$	—		$	2,466

Rationalization reserves as of June 30, 2017 were recorded in our Consolidated Balance Sheets as accrued liabilities and other liabilities of $1.1 million and $1.4 million, respectively. Remaining expenses for our rationalization plans of $1.8 million are expected primarily within the next twelve months. Remaining cash expenditures for our rationalization plans of $4.3 million are expected through 2023.