Restructuring and Asset Impairment Charges, Net

During the third quarter of fiscal 2014, the Company identified and pursued opportunities for cost savings through restructuring activities and workforce reductions to improve operating efficiencies across the Company's businesses. The Company expects to incur restructuring and restructuring related charges in the range of $50 million to $75 million in fiscal 2014, which does not include repositioning charges as described below.

The Company recorded restructuring and asset impairment charges by action as follows ($ in millions):



	For the Quarters Ended					For the Nine Months Ended
	June 27, 2014			June 28, 2013		June 27, 2014			June 28, 2013
2014 actions	$	19		$	—	$	28		$	—
2013 actions	(2		)	51		—			72
2012 and prior actions	—			2		(1		)	10
Total	$	17		$	53	$	27		$	82

2014 Actions

Restructuring and asset impairment charges, net, during the quarter and nine months ended June 27, 2014 related to the 2014 actions are as follows ($ in millions):



	For the Quarter Ended June 27, 2014
	Employee Severance and Benefits		Facility Exit and Other Charges		Total
NA Installation & Services	$	7	$	—	$	7
ROW Installation & Services	7		3		10
Global Products	2		—		2
Total	$	16	$	3	$	19



	For the Nine Months Ended June 27, 2014
	Employee Severance and Benefits		Facility Exit and Other Charges		Total
NA Installation & Services	$	10	$	—	$	10
ROW Installation & Services	12		3		15
Global Products	3		—		3
Total	$	25	$	3	$	28

The rollforward of the reserves from September 27, 2013 to June 27, 2014 is as follows ($ in millions):



Balance as of September 27, 2013	$	—
Charges	28
Utilization	(6		)
Balance as of June 27, 2014	$	22

2013 Actions

Restructuring and asset impairment charges, net, during the quarters and nine months ended June 27, 2014 and June 28, 2013 related to the 2013 actions are as follows ($ in millions):



	For the Quarter Ended June 27, 2014
	Employee Severance and Benefits
NA Installation & Services	$	(1	)
ROW Installation & Services	(2		)
Global Products	$	1
Total	$	(2	)



	For the Quarter Ended June 28, 2013
	Employee Severance and Benefits		Facility Exit and Other Charges			Total
NA Installation & Services	$	17	$	(1	)	$	16
ROW Installation & Services	30		1			31
Global Products	2		2			4
Total	$	49	$	2		$	51



	For the Nine Months Ended June 27, 2014
	Employee Severance and Benefits			Facility Exit and Other Charges		Total
NA Installation & Services	$	(2	)	$	1	$	(1	)
ROW Installation & Services	(5		)	—		(5		)
Global Products	5			1		6
Total	$	(2	)	$	2	$	—



	For the Nine Months Ended June 28, 2013
	Employee Severance and Benefits		Facility Exit and Other Charges		Total
NA Installation & Services	$	21	$	1	$	22
ROW Installation & Services	39		2		41
Global Products	6		2		8
Corporate and Other	1		—		1
Total	$	67	$	5	$	72

Restructuring and asset impairment charges, net, incurred cumulative to date from initiation of the 2013 actions are as follows ($ in millions):



	Employee Severance and Benefits		Facility Exit and Other Charges		Total
NA Installation & Services	$	32	$	2	$	34
ROW Installation & Services	41		4		45
Global Products	14		3		17
Corporate and Other	3		—		3
Total	$	90	$	9	$	99

The rollforward of the reserves from September 27, 2013 to June 27, 2014 is as follows ($ in millions):



Balance as of September 27, 2013	$	68
Charges	11
Reversals	(11		)
Utilization	(34		)
Balance as of June 27, 2014	$	34

Restructuring reserves for businesses that are included within Liabilities held for sale on the Consolidated Balance Sheets are excluded from the table above. See Note 3.

2012 and prior actions

The Company continues to maintain restructuring reserves related to actions initiated prior to fiscal 2012. The total amount of these reserves was $44 million and $62 million as of June 27, 2014 and September 27, 2013, respectively. The Company incurred $1 million and $2 million of restructuring charges, $1 million and nil of reversals and utilized $3 million and $9 million for the quarters ended June 27, 2014 and June 28, 2013, respectively. The Company incurred $6 million and $13 million of restructuring charges, $7 million and $3 million of restructuring reversals and utilized $17 million and $45 million for the nine months ended June 27, 2014 and June 28, 2013, respectively, related to 2012 and prior actions. The aggregate remaining reserves primarily relate to facility exit costs for long-term non-cancelable lease obligations primarily within the Company's ROW Installation & Services segment.

Total Restructuring Reserves

As of June 27, 2014 and September 27, 2013, restructuring reserves related to all actions were included in the Company's Consolidated Balance Sheets as follows ($ in millions):



	As of
	June 27, 2014		September 27, 2013
Accrued and other current liabilities	$	84	$	112
Other liabilities	16		18
Total	$	100	$	130

Restructuring reserves for businesses that are included within Liabilities held for sale on the Consolidated Balance Sheets are excluded from the table above. See Note 3.

Repositioning

The Company has initiated certain global actions designed to reduce its cost structure and improve future profitability by streamlining operations and better aligning functions, which the Company refers to as repositioning actions. These actions may or may not lead to a future restructuring action. During the quarter and nine months ended June 27, 2014, the Company recorded repositioning charges of $13 million and $28 million, respectively, primarily related to professional fees which have been reflected in Selling, general and administrative expenses in the Consolidated Statements of Operations. During the quarter and nine months ended June 28, 2013, the Company recorded repositioning charges of $5 million and $9 million, respectively.