Restructuring

The following table summarizes the activity for all restructuring initiatives for the years ended December 31, 2013 and 2014:



	Employee Separation Costs			Other Exit Costs			Asset Impairments			Total
Balance at December 31, 2012	$	15,561		$	61		$	—		$	15,622
Expense	17,182			3,169			1,369			21,720
Cash payments and foreign exchange translation	(18,033		)	(3,214		)	—			(21,247		)
Utilization of reserve	—			—			(1,369		)	(1,369		)
Balance at December 31, 2013	$	14,710		$	16		$	—		$	14,726
Expense	3,316			14,098			—			17,414
Cash payments and foreign exchange translation	(7,189		)	(14,114		)	—			(21,303		)
Balance at December 31, 2014	$	10,837		$	—		$	—		$	10,837

European Initiative

The Company has initiated the restructure of certain facilities in Europe. The estimated cost of this initiative is $50,000 and is expected to be completed by 2016. The following table summarizes the restructuring expense and the restructuring liability for this initiative for the years ended December 31, 2013 and 2014:



	Employee Separation Costs			Other Exit Costs			Asset Impairments			Total
Expense	$	13,474		$	623		$	89		$	14,186
Cash payments and foreign exchange translation	27			(623		)	—			(596		)
Utilization of reserve	—			—			(89		)	(89		)
Balance at December 31, 2013	$	13,501		$	—		$	—		$	13,501
Expense	3,418			13,457			—			16,875
Cash payments and foreign exchange translation	(6,095		)	(13,457		)	—			(19,552		)
Balance at December 31, 2014	$	10,824		$	—		$	—		$	10,824

In January 2015, the Company announced its intention to further restructure its European manufacturing footprint based on current and anticipated market demands. The estimated cost of this initiative is approximately $125,000 and is expected to be completed by 2017.

Other Initiatives

The Company implemented several restructuring initiatives in prior years including the closure or consolidation of facilities throughout the world, the establishment of a centralized shared services function in Europe and the reorganization of the Company's operating structure. These initiatives are substantially complete, however, the Company continues to incur costs on some of these initiatives related principally to the disposal of the respective facilities.

The following table summarizes the restructuring expense for these initiatives for the years ended December 31, 2012, 2013 and 2014:



	Year Ended December 31,
	2012			2013		2014
Employee separation costs	$	19,935		$	3,708	$	(102	)
Other exit costs	6,212			2,546		641
Asset impairments	4,155			1,280		—
Postretirement benefit curtailment gain	(1,539		)	—		—
	$	28,763		$	7,534	$	539

The following table summarizes the activity in the restructuring liability for these initiatives for the years ended December 31, 2013 and 2014:



	Employee Separation Costs			Other Exit Costs			Asset Impairments			Total
Balance at December 31, 2012	$	15,561		$	61		$	—		$	15,622
Expense	3,708			2,546			1,280			7,534
Cash payments and foreign exchange translation	(18,060		)	(2,591		)	—			(20,651		)
Utilization of reserve	—			—			(1,280		)	(1,280		)
Balance at December 31, 2013	$	1,209		$	16		$	—		$	1,225
Expense	(102		)	641			—			539
Cash payments and foreign exchange translation	(1,094		)	(657		)	—			(1,751		)
Balance at December 31, 2014	$	13		$	—		$	—		$	13