SEVERANCE COSTS	12 Months Ended
Dec. 31, 2015
SEVERANCE COSTS
SEVERANCE COSTS	28.SEVERANCE COSTS Included in Operating and administrative and Other expense is $42 million and $4 million, respectively, in severance costs related to one-time termination benefits to employees, of which $20 million and $26 million are within the Sponsored Investments and Corporate segments, respectively. This resulted from an enterprise-wide reduction of workforce that occurred in November 2015 and affected approximately 5% of the Company’s workforce. In 2015, $22 million was paid with the remaining $24 million to be paid in 2016 and is included in Accounts payable and other as at December 31, 2015.

SEVERANCE COSTS

12 Months Ended

Dec. 31, 2015

28.SEVERANCE COSTS

Included in Operating and administrative and Other expense is $42 million and $4 million, respectively, in severance costs related to one-time termination benefits to employees, of which $20 million and $26 million are within the Sponsored Investments and Corporate segments, respectively. This resulted from an enterprise-wide reduction of workforce that occurred in November 2015 and affected approximately 5% of the Company’s workforce.

In 2015, $22 million was paid with the remaining $24 million to be paid in 2016 and is included in Accounts payable and other as at December 31, 2015.