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Restructuring, Impairment and Other
12 Months Ended
Dec. 31, 2018
Restructuring and Related Activities [Abstract]  
Restructuring, Impairment and Other
RESTRUCTURING, IMPAIRMENT AND OTHER
We recorded restructuring, impairment and other charges of $433 million, $412 million, and $516 million during the years ended December 31, 2018, 2017 and 2016, respectively. Details of these charges are discussed below.
RESTRUCTURING AND IMPAIRMENT CHARGES
In the current and prior periods, we approved various restructuring plans globally, mainly to consolidate manufacturing and service facilities, rationalize product lines and rooftops, and reduce headcount across various functions. As a result, we recognized a charge of $304 million, $385 million and $293 million for the years ended December 31, 2018, 2017 and 2016, respectively. These restructuring initiatives are expected to generate charges of approximately $82 million as these restructuring plans come to completion.
These charges are included in the "Restructuring, impairment and other" caption in the consolidated and combined statements of income (loss).
The amount of costs not included in the reported segment results is as follows:
 
2018
2017
2016
Oilfield Services
$
160

$
187

$
122

Oilfield Equipment
25

114

52

Turbomachinery & Process Solutions
71

21

58

Digital Solutions
17

34

34

Corporate
31

29

27

Total
$
304

$
385

$
293

These costs were primarily related to product line terminations, facility closures and related expenses such as property, plant and equipment impairments, contract terminations and costs of assets' and employees' relocation, employee-related termination benefits, and other incremental costs that were a direct result of the restructuring plans.
 
2018
2017
2016
Property, plant & equipment, net
$
80

$
131

$
93

Employee-related termination expenses
123

186

111

Asset relocation costs
28

10

17

EHS remediation costs
6

9

20

Contract termination fees
44

26

37

Other incremental costs
23

23

15

Total
$
304

$
385

$
293

OTHER CHARGES
Other charges included in "Restructuring, impairment and other" caption of the consolidated and combined statements of income (loss) was $129 million, $27 million and $223 million for the years ended December 31, 2018, 2017 and 2016, respectively. In 2018, other charges consist primarily of accelerated amortization of $80 million related to trade names and technology in our OFS segment, litigation charges of $25 million in Corporate and costs of $13 million to exit certain operations that impacted our TPS and OFS segments. In 2017 and 2016, other charges primarily include currency devaluation charges of $12 million and $138 million, respectively, largely driven by significant currency devaluations in Angola and Nigeria.