Restructuring Charges/Other

3 Months Ended

Mar. 31, 2017

Restructuring And Related Activities [Abstract]

Restructuring charges/other

3. Restructuring charges/other

Restructuring charges/other are recognized in Other for segment reporting purposes.

Restructuring charges

Beginning January 2017, we reorganized the product lines within our two reportable segments. We recognized $18 million of restructuring charges for severance and benefit costs in the fourth quarter of 2016 and an additional $2 million in the first quarter of 2017. Any further charges are not expected to be material. As of March 31, 2017, $2 million has been paid to terminated employees for severance and benefits.

For the three months ended March 31, 2017, we incurred restructuring charges of $2 million related to the phase-out of a manufacturing facility in Greenock, Scotland. These charges were comprised of severance and benefits costs, as well as accelerated depreciation. Total restructuring charges, primarily severance and benefit costs, are estimated to be about $40 million, of which $26 million has been recognized through March 31, 2017. The remaining charges are expected to be recognized through the end of 2018.

Changes in accrued restructuring balances

Balance, December 31, 2016	$	40
Restructuring charges		4
Payments		(4	)
Non-cash items (a)		(1	)
Balance, March 31, 2017	$	39

(a) Reflects charges for impacts of accelerated depreciation and changes in exchange rates.