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Restructuring Charges and Asset Impairments
12 Months Ended
Dec. 31, 2015
Restructuring and Related Activities [Abstract]  
Restructuring Charges and Asset Impairments
Restructuring Charges and Asset Impairments
The table below shows the activity in our restructuring reserves for the years ended December 31, 2015 and 2014:
 
Severance and benefits costs
 
Other exit
costs
 
Total
Balance at December 31, 2013
$
58,558

 
$
8,014

 
$
66,572

Expenses, net
74,325

 
5,444

 
79,769

Cash payments
(51,047
)
 
(5,115
)
 
(56,162
)
Balance at December 31, 2014
81,836

 
8,343

 
90,179

Expenses, net
19,078

 
251

 
19,329

Cash payments
(57,214
)
 
(4,872
)
 
(62,086
)
Balance at December 31, 2015
$
43,700

 
$
3,722

 
$
47,422


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.

Asset impairment
During 2015, we sold our world headquarters building for $39 million and recorded a loss on the sale of $5 million. The loss was recognized in restructuring charges and asset impairments, net in the Consolidated Statements of Income.