XML 44 R30.htm IDEA: XBRL DOCUMENT v3.7.0.1
Restructuring (Tables)
3 Months Ended
Mar. 31, 2017
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
The following summarizes restructuring and separation costs by type that have been incurred through March 31, 2017 and are estimated to be incurred through the end of the Restructuring Plan (in millions):
 
 
First Quarter 2017
 
Estimated Remaining Costs
 
Estimated Total Cost (1)
Workforce reduction
 
$
103

 
$
104

 
$
207

Technology rationalization
 
3

 
143

 
146

Lease consolidation
 
3

 
173

 
176

Asset impairments
 
13

 
27

 
40

Other costs associated with restructuring and separation (2)
 
22

 
159

 
181

Total restructuring and related expenses
 
$
144

 
$
606

 
$
750

(1)
Actual costs, when incurred, may vary due to changes in the assumptions built into the Restructuring Plan.  Significant assumptions that may change when plans are finalized and implemented include, but are not limited to, changes in severance calculations, changes in the assumptions underlying sublease loss calculations due to changing market conditions, and changes in the overall analysis that might cause the Company to add or cancel component initiatives.
(2)
Other costs associated with the Restructuring Plan, including costs to separate the Divested Business, as well as moving costs, consulting and legal fees. These costs are generally recognized when incurred.
Schedule of Restructuring Reserve by Type of Cost
As of March 31, 2017, the Company’s liabilities for the Restructuring Plan are as follows (in millions):
 
 
Restructuring Plan
Balance at January 1, 2017
 
$

Expensed
 
130

Cash payments
 
(31
)
Foreign currency translation and other
 
9

Balance at March 31, 2017
 
$
108