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Restructuring Costs
9 Months Ended
Sep. 30, 2011
Restructuring Costs [Abstract] 
Restructuring Costs
Restructuring Costs
The Company recorded total restructuring costs of $16 million in the first nine months of 2011, majority of which related to severance.
Details of the activity from January 1, 2010 through September 30, 2011 regarding restructuring activities, which includes liabilities from actions prior to 2011, are as follows:
 
(In millions of dollars)
Liability at
1/1/10

 
Amounts
Accrued

 
Cash
Paid

 
Liability at
12/31/10

 
Amounts
Accrued

 
Cash
Paid

 
Other (a)

 
Liability at
9/30/11

Severance
$
77

 
$
79

 
$
(116
)
 
$
40

 
$
9

 
$
(37
)
 
$
—

 
$
12

Future rent under non-cancelable leases and other costs
182

 
62

 
(73
)
 
171

 
7

 
(33
)
 
2

 
147

Total
$
259

 
$
141

 
$
(189
)
 
$
211

 
$
16

 
$
(70
)
 
$
2

 
$
159

(a) 
Primarily foreign exchange
The expenses associated with the above initiatives are included in compensation and benefits and other operating expenses in the consolidated statements of income. The liabilities associated with these initiatives are classified on the consolidated balance sheets as Accounts payable, Other liabilities, or Accrued compensation, depending on the nature of the items.