Restructuring Actions

9 Months Ended

Sep. 30, 2016

Restructuring and Related Activities [Abstract]

Restructuring Actions

NOTE 4.  Restructuring Actions

During the fourth quarter of 2015, management approved and committed to undertake certain restructuring actions primarily focused on structural overhead, largely in the U.S. and slower-growing markets, with particular emphasis on Europe, Middle East, and Africa (EMEA) and Latin America. This impacted approximately 1,700 positions worldwide and resulted in a fourth quarter 2015 pre-tax charge of $114 million.

Components of these restructuring actions, including cash and non-cash impacts, follow:

(Millions)	Employee-Related		Asset-Related		Total
Expense incurred	$	98	$	16	$	114
Non-cash changes		(8)		(16)		(24)
Cash payments		(27)		—		(27)
Accrued restructuring action balances as of December 31, 2015	$	63	$	—	$	63
Cash payments		(48)		—		(48)
Accrued restructuring action balances as of September 30, 2016	$	15	$	—	$	15

Non-cash changes include certain pension settlements and special termination benefits recorded in accrued pension and postretirement benefits and accelerated depreciation resulting from the cessation of use of certain long-lived assets. Remaining activities related to the restructuring are expected to be substantially completed in 2016.