2014-2018 Restructuring Program (Tables) - 2014-2018 Restructuring Program

3 Months Ended

Mar. 31, 2018

Restructuring Cost and Reserve [Line Items]

Schedule of Restructuring Program Liability

The 2014-2018 Restructuring Program liability activity for the three months ended March 31, 2018 was:



	Severance and related costs			Asset Write-downs			Total
	(in millions)
Liability balance, January 1, 2018	$	464		$	—		$	464
Charges	28			24			52
Cash spent	(79		)	—			(79		)
Non-cash settlements/adjustments	(1		)	(24		)	(25		)
Currency	4			—			4
Liability balance, March 31, 2018	$	416		$	—		$	416

Schedule of Restructuring and Implementation Costs by Segment

During the three months ended March 31, 2018 and March 31, 2017, and since inception of the 2014-2018 Restructuring Program, we recorded restructuring and implementation costs within operating income by segment as follows:



	Latin America		AMEA		Europe		North America ⁽¹⁾		Corporate ⁽²⁾			Total
	(in millions)
For the Three Months Ended March 31, 2018
Restructuring Costs	$	24	$	6	$	7	$	12	$	3		$	52
Implementation Costs	15		12		16		17		2			62
Total	$	39	$	18	$	23	$	29	$	5		$	114
For the Three Months Ended March 31, 2017
Restructuring Costs	$	24	$	27	$	69	$	38	$	(1	)	$	157
Implementation Costs	9		8		12		13		12			54
Total	$	33	$	35	$	81	$	51	$	11		$	211
Total Project 2014-2018 ⁽³⁾
Restructuring Costs	$	454	$	454	$	851	$	460	$	67		$	2,286
Implementation Costs	167		141		288		270		223			1,089
Total	$	621	$	595	$	1,139	$	730	$	290		$	3,375


(1)	During 2018 and 2017, our North America region implementation costs included incremental costs that we incurred related to renegotiating collective bargaining agreements that expired in February 2016 for eight U.S. facilities and related to executing business continuity plans for the North America business.


(2)	Includes adjustment for rounding.


(3)	Includes all charges recorded since program inception on May 6, 2014 through March 31, 2018.