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Restructuring Charges (Tables)
 3 Months Ended
Mar. 31, 2016
Streamlining Actions  
Restructuring Cost and Reserve [Line Items]  
Activity in Restructuring Reserve
The following table presents the activity in the reserve through March 31, 2016.

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

Original restructuring charge
$
125

Net additional charges
75

Utilization
(171
)
Balance at Dec. 31, 2015
29

Net additional charges
—

Utilization
(15
)
Balance at March 31, 2016
$
14
Restructuring Charges by Business Segment
The table below presents the restructuring charge if it had been allocated by business.

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

(in millions)
1Q16

4Q15

Investment Management
$
1

$
—

$
36

Investment Services
(1
)
(4
)
84

Other segment (including Business Partners)
—

(1
)
80

Total restructuring charge (recovery)
$
—

$
(5
)
$
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 March 31, 2016.

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

Other

Total

Original restructuring charge
$
78

$
29

$
107

Net additional charges (net recovery/gain)
84

(57
)
27

Utilization
(153
)
28

(125
)
Balance at Dec. 31, 2015
9

—

9

Net additional (recovery)
(1
)
—

(1
)
Utilization
(1
)
—

(1
)
Balance at March 31, 2016
$
7

$
—

$
7
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)
1Q16

4Q15

Investment Management
$
—

$
1

$
49

Investment Services
—

—

82

Other segment (including Business Partners)
(1
)
—

2

Total restructuring charge (recovery)
$
(1
)
$
1

$
133