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Restructuring charges/other
6 Months Ended
Jun. 30, 2013
Restructuring and Related Activities [Abstract]  
Restructuring charges/other
Restructuring charges/other
Restructuring charges/other is included in Other and is comprised of the following components:

 
For Three Months Ended
June 30,
 
For Six Months Ended
June 30,
 
Cumulative
since Actions
Initiated
 
2013
 
2012
 
2013
 
2012
 
Restructuring charges:
 
 
 
 
 
 
 
 
 
2012 Wireless action
 
 
 
 
 
 
 
 
 
Severance and benefits cost
$
26

 
$

 
$
30

 
$

 
$
275

Accelerated depreciation
3

 

 
6

 

 
9

Other exit costs

 

 
2

 

 
105

 
29

 

 
38

 

 
389

2011 actions
 
 
 
 
 
 
 
 
 
Severance and benefits cost
1

 

 
1

 

 
114

Accelerated depreciation

 
4

 
5

 
9

 
28

Other exit costs
3

 
9

 
4

 
14

 
29

 
4

 
13

 
10

 
23

 
171

Total restructuring charges
33

 
13

 
48

 
23

 
$
560

 
 
 
 
 
 
 
 
 
 
Other:
 
 
 
 
 
 
 
 
 
Gain on technology transfer
(315
)
 

 
(315
)
 

 
 
Total Restructuring charges/other
$
(282
)
 
$
13

 
$
(267
)
 
$
23

 
 


Restructuring actions related to the acquisition of National are discussed in Note 2 and are reflected on the Acquisition charges line of our Consolidated statements of income.

2012 Wireless action
In November 2012, we announced an action concerning our former Wireless segment that, when complete, is expected to reduce annualized expenses by about $450 million and will focus our investments on embedded markets with greater potential for sustainable growth. About 1,700 jobs worldwide are expected to be eliminated. We estimate that this action will be substantially complete by the end of 2013. As of June 30, 2013, $48 million has been paid to terminated employees for severance and benefits related to this action.

2011 actions
Beginning in the fourth quarter of 2011, we recognized restructuring charges associated with the announced plans to close two older semiconductor manufacturing facilities in Houston, Texas, and Hiji, Japan, in 2013. As of June 30, 2013, about $52 million has been paid to terminated employees for severance and benefits related to this action.

The table below reflects the changes in accrued restructuring balances associated with these actions:

 
2012 Wireless Action
 
2011 Actions
 
Prior Actions
 
 
 
Severance and Benefits
 
Other Charges
 
Severance and Benefits
 
Other Charges
 
Severance and Benefits
 
Other Charges
 
Total
Remaining accrual at December 31, 2012
$
241

 
$

 
$
94

 
$
3

 
$
5

 
$
6

 
$
349

Restructuring charges
30

 
8

 
1

 
9

 

 

 
48

Non-cash items (a)

 
(6
)
 

 
(5
)
 

 

 
(11
)
Payments
(44
)
 
(2
)
 
(41
)
 
(4
)
 
(3
)
 

 
(94
)
Remaining accrual at June 30, 2013
$
227

 
$

 
$
54

 
$
3

 
$
2

 
$
6

 
$
292

(a) Reflects charges for stock-based compensation, impacts of postretirement benefit plans and accelerated depreciation.

The accrual balances above are primarily a component of Accrued expenses and other liabilities or Deferred credits and other liabilities on our Consolidated balance sheets, depending on the expected timing of payment.

Other
Gain on technology transfer
During the second quarter of 2013, we entered into an agreement to transfer wireless connectivity technology to a customer. This technology was associated with the former Wireless business that we have previously announced we are exiting. As a result, we recognized a gain of $315 million.