Restructuring

On September 15, 2014, the Board of Directors of the Company approved a management simplification restructuring plan (“Plan”) that was subsequently communicated to Kelly personnel in October 2014. The Plan was completed during the fourth quarter of 2014. In addition to the Plan, in 2014, restructuring costs were incurred related primarily to exiting the staffing business in Sweden, exiting branches in Australia and consolidating back office functions in Australia and New Zealand. These were contract termination costs which were recorded in the EMEA and APAC regions in the segment results.

Restructuring costs incurred in 2014 totaled $12.0 million. There were no restructuring costs incurred in 2015.

A summary of our global restructuring balance sheet accrual, primarily included in accrued payroll and related taxes, is detailed below (in millions of dollars).



Balance as of year-end 2013	$	—

Additions charged to corporate under the Plan	9.9
Additions charged to EMEA and APAC operations	2.1
Reductions for cash payments related to all restructuring activities	(5.1		)

Balance as of year-end 2014	6.9

Reductions for cash payments related to all restructuring activities	(6.4		)

Balance as of year-end 2015	$	0.5

The remaining balance of $0.5 million as of year-end 2015 primarily represents severance costs and the majority is expected to be paid in the first quarter of 2016. No additional charges are expected to be incurred related to the Plan or to activities in Sweden, Australia and New Zealand.