Note 16—Restructuring

Our restructuring program that is designed to improve our global footprint, cost structure, technology portfolio, human resources and internal processes continues. During fiscal years 2016, 2015 and 2014, we continued to refine existing programs and launched significant new programs focused on achieving further productivity improvements to: (i) optimize certain research and development, supply chain and administrative functions; (ii) outsource certain manufacturing capabilities; (iii) divest or sublease facilities no longer needed to support current operations; and (iv) relocate certain functions to best cost countries.

A summary and components of our restructuring initiatives are presented below and include accruals for new programs as well as revisions to estimates, both increases and decreases, to programs accrued in prior periods:

	Severance Related Costs⁽¹⁾			Third Party Contractor Termination Costs			Facility Closure and Other Related Costs			Asset Impairments⁽²⁾			Total
Liability, June 30, 2013	$	23,563		$	1,014		$	33,848		$	-		$	58,425
Expense⁽³⁾		65,870			5,793			5,581			6,959			84,203
Accumulated depreciation offset		-			-			-			(6,959	)		(6,959	)
Payments		(36,699	)		(6,856	)		(10,522	)		-			(54,077	)
Foreign currency translation		1,423			49			1,355			-			2,827
Liability, June 30, 2014	$	54,157		$	-		$	30,262		$	-		$	84,419
Expense⁽³⁾		39,158			2,097			1,717			8,966			51,938
Accumulated depreciation offset		-			-			-			(8,966	)		(8,966	)
Reclassified liabilities⁽¹⁾		553			-			-			-			553
Payments		(22,293	)		(2,096	)		(24,950	)		-			(49,339	)
Foreign currency translation		(10,786	)		(1	)		(2,439	)		-			(13,226	)
Liability, June 30, 2015	$	60,789		$	-		$	4,590		$	-		$	65,379
Expense⁽³⁾		9,873			754			3,882			10,350			24,859
Accumulated depreciation offset		-			-			-			(10,350	)		(10,350	)
Payments		(52,310	)		(338	)		(2,787	)		-			(55,435	)
Foreign currency translation		(284	)		19			6			-			(259	)
Liability, June 30, 2016	$	18,068		$	435		$	5,691		$	-		$	24,194

⁽¹⁾	Certain pre-existing pension liabilities were transferred and reduced the restructuring expenses recorded as part of an individual restructuring program. These offsets are shown as Reclassified liabilities in fiscal year 2015 above.

⁽²⁾	Credits related to restructuring charges for accelerated depreciation and inventory provisions are recorded against the related assets in Property, plant & equipment, net or Inventories in our Consolidated Balance Sheets and do not impact the restructuring liability.

⁽³⁾	Restructuring expenses noted above are primarily in SG&A in our Consolidated Statements of Income. Asset impairments, which consist of accelerated depreciation and inventory provisions, are primarily in Cost of sales in our Consolidated Statements of Income.

Restructuring liabilities are recorded in Accrued liabilities and Other non-current liabilities in our Consolidated Balance Sheets.

Restructuring expenses by reporting business segment are presented below:

	Year Ended June 30,
	2016			2015			2014
Connected Car		(3,188	)		(540	)		47,147
Lifestyle Audio		3,665			32,691			23,645
Professional Solutions		13,287			10,889			6,335
Connected Services		752			-			-
Other		(7	)		(68	)		117
Total		14,509			42,972			77,244
Asset impairments		10,350			8,966			6,959
Total		24,859			51,938			84,203