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Restructuring Charges (Tables)
 12 Months Ended
Dec. 31, 2013
Restructuring Charges (Tables) [Abstract]  
Restructuring Charges

The following table summarizes the Company's restructuring reserves activity for the years ended December 31, 2013, 2012 and 2011:

(Millions) Severance(a) Other(b) Total
Liability balance as of December 31, 2010 $ 199 $ 16 $ 215
 Restructuring charges, net of $27 in revisions(c)   96   23   119
 Payments   (121)   (8)   (129)
 Other non-cash(d)   (4)   (1)   (5)
Liability balance as of December 31, 2011   170   30   200
 Restructuring charges, net of $16 in revisions(c)   366   37   403
 Payments   (124)   (9)   (133)
Liability balance as of December 31, 2012   412   58   470
 Restructuring charges, $4 in revisions(c)   (7)   3   (4)
 Payments   (206)   (23)   (229)
 Other non-cash(d)   (3)   (1)   (4)
Liability balance as of December 31, 2013(e) $ 196 $ 37   $ 233

  • Accounted for in accordance with GAAP governing the accounting for nonretirement postemployment benefits and for costs associated with exit or disposal activities.
  • Other primarily includes facility exit and contract termination costs.
  • Revisions primarily relate to higher than anticipated redeployments of displaced employees to other positions within the Company, business changes and modifications to existing initiatives.
  • Consists primarily of foreign exchange impacts.
  • The majority of cash payments related to the remaining restructuring liabilities are expected to be completed in 2014, and to a lesser extent certain contractual long-term severance arrangements and lease obligations are expected to be completed in 2015 and 2019, respectively.

 
Restructuring charges, by reportable segment

The following table summarizes the Company's restructuring charges, net of revisions, by reportable operating segment and Corporate & Other for the year ended December 31, 2013, and the cumulative amounts relating to the restructuring programs that were in progress during 2013 and initiated at various dates between 2009 and 2013.

 

     Cumulative Restructuring Expense Incurred To Date On 
   2013 In-Progress Restructuring Programs 
  Total Restructuring          
  Charges, net           
(Millions) revisions  Severance  Other  Total 
USCS $ (7) $ 71 $ 6 $ 77 
ICS   (8)   110   1   111 
GCS   (4)   204   18   222 
GNMS   7   55   ―   55 
Corporate & Other   8   89   68   157 (a)
Total $ (4) $ 529 $ 93 $ 622 (b)

  • Corporate & Other includes certain severance and other charges of $147 million related to Company-wide support functions which were not allocated to the Company's reportable operating segments, as these were corporate initiatives, which is consistent with how such charges were reported internally.
  • As of December 31, 2013, the total expenses to be incurred for previously approved restructuring activities that were in progress are not expected to be materially different than the cumulative expenses incurred to date for these programs.