Restructuring Programs (Tables)

9 Months Ended

Sep. 30, 2014

2014-2018 Restructuring Program

The activity for the 2014-2018 Restructuring Program liability, recorded within other current liabilities, for the nine months ended September 30, 2014 was:


	Severance and related costs			Asset Write-downs		Total
	(in millions)

Liability balance, January 1, 2014	$	–		$	–	$	–
Charges		26			–		26
Cash spent		(2	)		–		(2	)

Liability balance, September 30, 2014	$	24		$	–	$	24

Schedule of Restructuring and Implementation Costs

During the three and nine months ended September 30, 2014, we recorded restructuring and implementation costs related to the 2014-2018 Restructuring Program within operating income as follows:


	For the Three Months Ended September 30, 2014						For the Nine Months Ended September 30, 2014
	Restructuring		Implementation				Restructuring		Implementation
	Costs		Costs		Total		Costs		Costs		Total
	(in millions)

Latin America	$	25	$	7	$	32	$	26	$	8	$	34
Asia Pacific		–		4		4		–		4		4
EEMEA		–		3		3		–		3		3
Europe		–		14		14		–		14		14
North America		–		1		1		–		1		1
Corporate⁽¹⁾		–		13		13		–		21		21

Total	$	25	$	42	$	67	$	26	$	51	$	77

(1)

Includes adjustment for rounding.

2012-2014 Restructuring Program

Schedule of Restructuring Costs

The activity for the 2012-2014 Restructuring Program liability for the nine months ended September 30, 2014 was:


	Severance and related costs			Asset Write-downs			Total
	(in millions)

Liability balance, January 1, 2014	$	68		$	–		$	68
Charges		182			77			259
Cash spent		(110	)		–			(110	)
Non-cash settlements		–			(77	)		(77	)

Liability balance, September 30, 2014	$	140		$	–		$	140

Schedule of Restructuring and Implementation Costs

During the three and nine months ended September 30, 2014 and 2013, we recorded restructuring and implementation costs related to the 2012-2014 Restructuring Program within operating income as follows:


	For the Three Months Ended September 30, 2014						For the Nine Months Ended September 30, 2014
	Restructuring		Implementation				Restructuring		Implementation
	Costs		Costs		Total		Costs		Costs		Total
	(in millions)

Latin America	$	3	$	–	$	3	$	7	$	1	$	8
Asia Pacific		27		1		28		28		1		29
EEMEA		14		–		14		26		2		28
Europe		85		14		99		128		42		170
North America		34		7		41		70		20		90
Corporate⁽¹⁾		–		1		1		–		–		–

Total	$	163	$	23	$	186	$	259	$	66	$	325


	For the Three Months Ended September 30, 2013						For the Nine Months Ended September 30, 2013
	Restructuring		Implementation				Restructuring		Implementation
	Costs		Costs		Total		Costs		Costs		Total
	(in millions)

Latin America	$	9	$	–	$	9	$	9	$	–	$	9
Asia Pacific		–		–		–		–		–		–
EEMEA		3		–		3		7		–		7
Europe		18		10		28		55		14		69
North America		12		10		22		58		17		75
Corporate⁽¹⁾		1		–		1		2		–		2

Total	$	43	$	20	$	63	$	131	$	31	$	162

(1)

Includes adjustment for rounding.