Restructuring Charges

6 Months Ended

Jun. 30, 2014

Restructuring and Related Activities [Abstract]

Restructuring Charges and Asset Impairments

Restructuring Charges

Activity in our restructuring reserves for the six months ended June 30, 2014 was as follows:



	Severance and benefits costs			Pension and Retiree Medical			Other exit costs			Total
Balance at January 1, 2014	$	58,558		$	—		$	8,014		$	66,572
Expenses, net	11,760			3,372			3,008			18,140
Cash payments	(26,071		)	(3,372		)	(4,087		)	(33,530		)
Balance at June 30, 2014	$	44,247		$	—		$	6,935		$	51,182

The majority of the remaining restructuring reserves are expected to be paid over the next 12-24 months. Due to certain international labor laws and long-term lease agreements, some payments will extend beyond 24 months. We expect to fund these payments from cash flows from operations.

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References+ Details