Restructuring and Other

3 Months Ended

Mar. 31, 2017

The Company recorded restructuring and other charges / (benefits) as follows:



	Three Months Ended
	March 31
	2017			2016
Asset impairments and sales	$	(6	)	$	(2	)
Restructuring	2			—
Other costs	—			4
	$	(4	)	$	2

For the three months ended March 31, 2017, the Company recorded a benefit of $5 due to the expiration of an environmental indemnification related to the sale of certain operations in the Company's European Specialty Packaging business during 2015.

A summary of the outstanding accrual balances associated with prior restructuring actions is provided below.

2015 European Division Actions

Through March 31, 2017, the Company incurred charges of $21 related to the closure of two facilities in its European Food segment. The closures are expected to reduce cost by eliminating excess capacity and consolidating manufacturing processes.

The facility closures are expected to result in the reduction of approximately 280 employees when completed in 2017. The Company does not expect to incur any additional charges related to this action.

The table below summarizes the termination benefits accrual balance and utilization by cost type for these actions.



	Termination benefits			Other exit costs			Total
Balance at January 1, 2017	$	8		$	—		$	8
Provision	—			1			1
Payments	(4		)	(1		)	(5		)
Balance at March 31, 2017	$	4		$	—		$	4

Other Actions

At March 31, 2017, the Company also had a restructuring accrual of $11 primarily related to prior actions to reduce manufacturing capacity and headcount in its European Aerosol and Specialty Packaging businesses. The Company expects

to pay the liability through 2024 as certain employees have elected to receive payment as a fixed monthly sum over future years. The Company continues to review its supply and demand profile and long-term plans in its businesses, and it is possible that the Company may record additional restructuring charges in the future.