Restructuring (Tables)

9 Months Ended

Sep. 30, 2019

Restructuring and Related Activities [Abstract]

The following table summarizes restructuring and separation costs by type that have been incurred through September 30, 2019 and are estimated to be incurred through the end of the Restructuring Plan (in millions). Estimated costs by type have been revised based on updated assumptions:



	Three Months Ended September 30, 2019		Nine Months Ended September 30, 2019		Inception to Date		Estimated Remaining Costs		Estimated Total Cost ⁽¹⁾
Workforce reduction	$	9	$	111	$	525	$	25	$	550
Technology rationalization ⁽²⁾	14		29		109		16		125
Lease consolidation ⁽²⁾	3		17		53		27		80
Asset impairments	5		7		46		4		50
Other costs associated with restructuring and separation ^{(2) (3)}	32		117		530		15		545
Total restructuring and related expenses	$	63	$	281	$	1,263	$	87	$	1,350


(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. Estimated Total Cost includes $100 million of non-cash charges.

(2)

Total contract termination costs incurred under the Restructuring Plan associated with Technology rationalizations, Lease consolidations, and Other costs, respectively, associated with restructuring and separation for the three months ended September 30, 2019 were $9 million, $2 million, and $18 million; for the nine months ended September 30, 2019, were $12 million, $15 million, and $21 million; and since inception of the Restructuring Plan, were $18 million, $48 million, and $109 million. Total estimated contract termination costs expected to be incurred under the Restructuring Plan associated with Technology rationalizations, Lease consolidations, and Other costs associated with restructuring and separation, are $20 million, $80 million, and $116 million, respectively.

(3)

Other costs associated with the Restructuring Plan include those to separate the Divested Business, as well as moving costs, and consulting and legal fees. These costs are generally recognized when incurred.

Schedule of Restructuring Reserve by Type of Cost

The changes in the Company’s liabilities for the Restructuring Plan as of September 30, 2019 are as follows (in millions):




Balance as of December 31, 2018	$	201
Expensed	260
Cash payments	(322		)
Foreign currency translation	(1		)
Balance as of September 30, 2019	$	138