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Other Operating Expenses
 12 Months Ended
Dec. 31, 2016
Restructuring and Related Activities [Abstract]  
Other Operating Expenses
Other Operating Expenses
 
The following table details the components of “Other operating expenses” in the consolidated statements of operations:
 
 
Year ended December 31,
(in millions)
 
2016
 
2015
 
2014
Restructuring, net
 
$
49

 
$
53

 
$
13

Pension settlement loss
 
10

 
—

 
—

Other
 
2

 
—

 
—

Other operating expenses
 
$
61

 
$
53

 
$
13


Restructuring

During the years ended December 31, 2016, 2015, and 2014, the Company recorded restructuring charges in connection with management’s alignment of the business with strategic objectives, cost savings initiatives and the departure of certain executive officers.

In connection with the Company's announced cost management initiative, the Company incurred $103 million of cumulative restructuring expense through December 31, 2016. 2016 includes a net loss of $13 million related to the sale of two facilities. The Company's cost management initiative is substantially complete as of December 31, 2016.

A summary of net pretax benefits (charges), incurred by segment, for each period is as follows:
 
 
Year ended December 31,
(in millions)
 
2016
 
2015
 
2014
Global Business Solutions
 
$
(9
)
 
$
(20
)
 
$
—

Global Financial Solutions
 
(10
)
 
(11
)
 
1

Network & Security Solutions
 
(3
)
 
(3
)
 
(2
)
Corporate
 
(27
)
 
(19
)
 
(12
)
Restructuring, net
 
$
(49
)
 
$
(53
)
 
$
(13
)


The following table summarizes the Company’s utilization of restructuring accruals for the years ended December 31, 2015 and 2016:
(in millions) 
 
Employee Severance
 
Other
Remaining accrual as of January 1, 2015
 
$
12

 
$
1

Restructuring, net
 
46

 
7

Cash payments and other
 
(29
)
 
(7
)
Remaining accrual as of December 31, 2015
 
29

 
1

Restructuring, net
 
33

 
16

Loss on sale of property and equipment, net
 
—

 
(13
)
Cash payments and other
 
(53
)
 
(4
)
Remaining accrual as of December 31, 2016
 
$
9

 
$
—



Pension Settlement Loss

For the year ended December 31, 2016, the Company incurred a $10 million loss related to the settlement of certain U.S.-based pension fund obligations.