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Restructuring Charges (Tables)
 12 Months Ended
Dec. 31, 2015
Streamlining Actions  
Restructuring Cost and Reserve [Line Items]  
Activity in Restructuring Reserve
The following table presents the activity in the reserve through Dec. 31, 2015.

Streamlining actions 2014 – restructuring reserve activity
(in millions)
Total

Original restructuring charge
$
125

Net additional charges
59

Utilization
(92
)
Balance at Dec. 31, 2014
92

Net additional charges
16

Utilization
(79
)
Balance at Dec. 31, 2015
$
29
Restructuring Charges by Business Segment
The table below presents the restructuring charge if it had been allocated by business.

Streamlining actions 2014 – restructuring charge by business
Total charges since inception

(in millions)
2015

2014

Investment Management
$
12

$
23

$
35

Investment Services
2

83

85

Other segment (including Business Partners)
2

78

80

Total restructuring charge
$
16

$
184

$
200
Operational Efficiency Initiatives 2011  
Restructuring Cost and Reserve [Line Items]  
Activity in Restructuring Reserve
The following table presents the activity in the restructuring reserve related to the Operational Excellence Initiatives through Dec. 31, 2015.

Operational Excellence Initiatives 2011 – restructuring reserve activity
(in millions)
Severance

Other

Total

Original restructuring charge
$
78

$
29

$
107

Net additional charges (net recovery/gain)
100

(57
)
43

Utilization
(98
)
28

(70
)
Balance at Dec. 31, 2013
80

—

80

Net additional (recovery)
(7
)
—

(7
)
Utilization
(45
)
—

(45
)
Balance at Dec. 31, 2014
28

—

28

Net additional (recovery)
(9
)
—

(9
)
Utilization
(10
)
—

(10
)
Balance at Dec. 31, 2015
$
9

$
—

$
9
Restructuring Charges by Business Segment
The table below presents the restructuring charge if it had been allocated by business.

Operational Excellence Initiatives 2011 – restructuring charge (recovery) by business
Total charges since inception

(in millions)
2015

2014

2013

Investment Management
$
(2
)
$
(1
)
$
4

$
49

Investment Services
(2
)
(1
)
25

82

Other segment (including Business Partners)
(5
)
(5
)
16

3

Total restructuring charge (recovery)
$
(9
)
$
(7
)
$
45

$
134