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Restructuring Programs
 6 Months Ended
Jun. 30, 2017
Restructuring and Related Activities [Abstract]  
Restructuring Programs
Restructuring Programs
During the six months ended June 30, 2017, we recorded net restructuring and asset impairment charges of $143, which included approximately $160 of severance costs related to headcount reductions of approximately 1,500 employees worldwide and $3 of lease cancellation costs. These costs were partially offset by $20 of net reversals, primarily resulting from changes in estimated reserves from prior period initiatives.
We also recorded $17 of costs during the six months ended June 30, 2017, primarily related to professional support services associated with the implementation of the Strategic Transformation program.
Information related to restructuring program activity is outlined below:
 
Severance and
Related Costs
 
Lease Cancellation
and Other Costs
 
Asset Impairments(2)
 
Total
Balance at December 31, 2016
$
104

 
$
23

 
$
—

 
$
127

Provision
110

 
2

 
—

 
112

Reversals
(2
)
 
—

 
—

 
(2
)
Net current period charges(1)
108

 
2

 
—

 
110

Charges against reserve and currency
(58
)
 
(1
)
 
—

 
(59
)
Balance at March 31, 2017
$
154

 
$
24

 
$
—

 
$
178

Provision
50

 
1

 
—

 
51

Reversals
(13
)
 
(5
)
 
—

 
(18
)
Net current period charges(1)
37

 
(4
)
 
—

 
33

Charges against reserve and currency
(43
)
 
(17
)
 
—

 
(60
)
Balance at June 30, 2017
$
148

 
$
3

 
$
—

 
$
151

 _____________________________
(1)
Represents net amount recognized within the Condensed Consolidated Statements of Income for the period shown for restructuring and asset impairments charges.
(2)
Charges associated with asset impairments represent the write-down of the related assets to their new cost basis and are recorded concurrently with the recognition of the provision.
The following table summarizes the reconciliation to the Condensed Consolidated Statements of Cash Flows:
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
Charges against reserve and currency
$
(60
)
 
$
(25
)
 
$
(119
)
 
$
(44
)
Asset impairments
—

 
—

 
—

 
—

Effects of foreign currency and other non-cash items
(7
)
 
1

 
(8
)
 
(1
)
Restructuring Cash Payments
$
(67
)
 
$
(24
)
 
$
(127
)
 
$
(45
)