Expenses

The following table presents the components of other expenses for the periods indicated:



	Three Months Ended September 30,					Nine Months Ended September 30,
(In millions)	2016		2015			2016		2015
Litigation	$	47	$	(7	)	$	47	$	396
Insurance	31		33			74		98
Regulatory fees and assessments	28		31			65		90
Securities processing	10		40			20		75
Other	71		44			231		186
Total other expenses	$	187	$	141		$	437	$	845

Acquisition Costs

We recorded acquisition costs of $33 million in the third quarter of 2016 compared to $7 million in the third quarter of 2015, and $47 million in the nine months ended September 30, 2016 compared to $15 million during the nine months ended September 30, 2015. These amounts include approximately $29 million related to our acquisition of GEAM on July 1, 2016. As of September 30, 2016, we have recorded approximately $29 million in acquisition costs associated with the acquisition of GEAM. For further information on the GEAM acquisition, refer to Note 1.

Restructuring Charges

We expect to incur aggregate pre-tax restructuring charges of approximately $300 million to $400 million beginning in 2016 through December 31, 2020 to implement State Street Beacon, our previously announced multi-year transformation program to fully digitize our business, deliver significant value and innovation for our clients and lower expenses across the organization. We estimate those charges will include approximately $250 million to $300 million in severance and benefits costs associated with targeted staff reductions (a substantial portion of which will result in future cash expenditures) and approximately $50 million to $100 million in information technology application rationalization and real estate actions.

In the third quarter and nine months ended September 30, 2016, we recorded net restructuring charges of $10 million and $120 million, respectively, due to State Street Beacon.

The following table presents aggregate restructuring activity for the periods indicated.



(In millions)	Employee Related Costs			Real Estate Consolidation			Asset and Other Write-offs			Total
Balance at December 31, 2015	$	9		$	11		$	3		$	23
Accruals for State Street Beacon	86			—			11			97
Payments and Other Adjustments	(4		)	(1		)	(7		)	(12		)
Balance at March 31, 2016	91			10			7			108
Accruals for State Street Beacon	(1		)	15			(1		)	13
Payments and Other Adjustments	(35		)	(3		)	(1		)	(39		)
Balance at June 30, 2016	55			22			5			82
Accruals for State Street Beacon	8			3			(1		)	10
Payments and Other Adjustments	(14		)	(3		)	(1		)	(18		)
Balance at September 30, 2016	$	49		$	22		$	3		$	74