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Restructuring, Impairment and Other | 6 Months Ended
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Jun. 30, 2018
Restructuring and Related Activities [Abstract] |
Restructuring, Impairment and Other | RESTRUCTURING, IMPAIRMENT AND OTHER We recorded restructuring, impairment and other charges of $146 million and $59 million during the three months ended June 30, 2018 and 2017, respectively, and $308 million and $101 million during the six months ended June 30, 2018 and 2017. Details of these charges are discussed below. RESTRUCTURING AND IMPAIRMENT CHARGES In the current and prior periods, we approved various restructuring plans globally, mainly to consolidate manufacturing and service facilities, rationalize product lines and rooftops, and reduce headcount across various functions. As a result, we recognized a charge of $68 million and $38 million for the three months ended June 30, 2018 and 2017, respectively, and $193 million and $73 million for the six months ended June 30, 2018 and 2017, respectively. These restructuring initiatives will generate charges post June 30, 2018, and the related estimated remaining charges are approximately $151 million. The amount of costs not included in the reported segment results is as follows:
| Three Months Ended June 30, | Six Months Ended June 30,
| 2018 | 2017 | 2018 | 2017
Oilfield Services | $ | 40 |  | $ | 11 |  | $ | 99 |  | $ | 23 |
Oilfield Equipment | 6 |  | 9 |  | 18 |  | 10 |
Turbomachinery & Process Solutions | 11 |  | 12 |  | 39 |  | 22 |
Digital Solutions | 7 |  | 4 |  | 16 |  | 14 |
Corporate | 4 |  | 2 |  | 21 |  | 4 |
Total | $ | 68 |  | $ | 38 |  | $ | 193 |  | $ | 73 |
These costs were primarily related to product line terminations, plant closures and related expenses such as property, plant and equipment impairments, contract terminations and costs of assets' and employees' relocation, employee-related termination benefits, and other incremental costs that were a direct result of the restructuring plans.
| Three Months Ended June 30, | Six Months Ended June 30,
| 2018 | 2017 | 2018 | 2017
Property, plant & equipment, net | $ | 18 |  | $ | 2 |  | $ | 37 |  | $ | 12 |
Employee-related termination expenses | 16 |  | 24 |  | 99 |  | 39 |
Asset relocation costs | 8 |  | 2 |  | 13 |  | 5 |
Environmental remediation costs | — |  | 4 |  | 3 |  | 7 |
Contract termination fees | 21 |  | 4 |  | 28 |  | 5 |
Other incremental costs | 5 |  | 2 |  | 13 |  | 5 |
Total | $ | 68 |  | $ | 38 |  | $ | 193 |  | $ | 73 |
OTHER CHARGES Other charges included in "Restructuring, impairment and other" of the condensed consolidated and combined statements of income (loss) were $78 million and $21 million in the three months ended June 30, 2018 and 2017, respectively, and $115 million and $28 million in the six months ended June 30, 2018 and 2017, respectively. Other charges comprised of accelerated amortization of $32 million and $69 million for the three and six months ended June 30, 2018, respectively, related to trade names and technology in our Oilfield Services segment that we ceased to use at the end of the second quarter of 2018 as a result of the combination of Baker Hughes and GE O&G. During the three and six months ended June 30, 2018, other charges also includes $25 million related to litigation matters recorded at Corporate and costs of $12 million to exit certain operations that impacted our TPS and OFS segments. During the three and six months ended June 30, 2017, other charges include currency devaluation charges of $6 million and $12 million, respectively, largely driven by significant currency devaluations in Angola and Nigeria.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
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