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Restructuring charges/other
9 Months Ended
Sep. 30, 2014
Restructuring and Related Activities [Abstract]  
Restructuring charges/other
Restructuring charges/other

Restructuring charges/other is comprised of the following components, all of which are recognized in Other for segment reporting purposes:

 
For Three Months Ended
September 30,
 
For Nine Months Ended
September 30,
 
 
 
2014
 
2013
 
2014
 
2013
 
Cumulative Since January 1, 2011
Restructuring charges by action:
 
 
 
 
 
 
 
 
 
2013 actions
 
 
 
 
 
 
 
 
 
Severance and benefits cost (a)
$
(3
)
 
$

 
$
18

 
$

 
$
67

Other exit costs

 

 
7

 

 
7

 
(3
)
 

 
25

 

 
74

2012 Wireless action
 
 
 
 
 
 
 
 
 
Severance and benefits cost (a)

 

 
(6
)
 
30

 
269

Accelerated depreciation

 

 

 
6

 
9

Other exit costs

 

 

 
2

 
105

 

 

 
(6
)
 
38

 
383

Prior actions
 
 
 
 
 
 
 
 
 
Severance and benefits cost

 
2

 

 
3

 
119

Accelerated depreciation

 

 
1

 
5

 
29

Other exit costs (a)

 
14

 
(1
)
 
18

 
52

 

 
16

 

 
26

 
200

Total restructuring charges
(3
)
 
16

 
19

 
64

 
$
657

 
 
 
 
 
 
 
 
 
 
Other:
 
 
 
 
 
 
 
 
 
Gains on sales of assets
(8
)
 

 
(47
)
 

 
 
Gain on technology transfer

 

 

 
(315
)
 
 
Other
2

 

 
4

 

 
 
Restructuring charges/other
$
(9
)
 
$
16

 
$
(24
)
 
$
(251
)
 
 


(a) Includes changes in estimates for the three and nine months ended September 30, 2014.

2013 actions

In January 2014, we announced cost-saving actions in Embedded Processing and in Japan to reduce expenses and focus our investments on markets with greater potential for sustainable growth and strong long-term returns. We expect the actions to be completed by mid-2015. Cost reductions include the elimination of about 1,100 jobs worldwide. Through September 30, 2014, we have recognized $74 million in cumulative restructuring charges, with no further material charges expected. As of September 30, 2014, $36 million has been paid to terminated employees for severance and benefits.

2012 Wireless action

In 2012, we announced a restructuring of our Wireless business to reduce expenses and focus our investments on markets with greater potential for sustainable growth and strong long-term returns. This action is now complete. We recognized $383 million in cumulative restructuring charges, including a $90 million impairment of goodwill. As of September 30, 2014, $241 million has been paid to terminated employees for severance and benefits.

Prior actions

In 2012, we announced closure of two older semiconductor manufacturing facilities in Houston, Texas, and Hiji, Japan. We recognized $200 million in cumulative restructuring charges related to these closures, completing both by the end of 2013. As of September 30, 2014, $102 million has been paid to terminated employees for severance and benefits.

As of September 30, 2014, and December 31, 2013, we carried immaterial liabilities related to actions commenced in 2008 and 2009.

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

 
2013 Actions
 
2012 Wireless Action
 
Prior Actions
 
 
 
Severance and Benefits
 
Other Charges
 
Severance and Benefits
 
Severance and Benefits
 
Other Charges
 
Total
Remaining accrual at December 31, 2013
$
49

 
$

 
$
95

 
$
10

 
$
7

 
$
161

Restructuring charges
18

 
7

 
(6
)
 

 

 
19

Payments
(36
)
 

 
(61
)
 
(6
)
 
(7
)
 
(110
)
Remaining accrual at September 30, 2014
$
31

 
$
7

 
$
28

 
$
4

 
$

 
$
70



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

Gains on sales of assets

During the first quarter of 2014, we completed the sale of our site in Nice, France. The planned shut-down of this site was part of our 2012 Wireless restructuring action. As a result of the sale, we recognized a gain of $30 million in the first quarter of 2014. We also recognized gains of $17 million on a year-to-date basis tied to the sales of other assets associated primarily with our Houston and Hiji manufacturing facilities, with $8 million recognized in the third quarter of 2014.

Gain on technology transfer

During the second quarter of 2013, we recognized a gain of $315 million on a transfer of wireless connectivity technology to a customer.