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ASSETS IMPAIRMENTS AND RESTRUCTURING | 3 Months Ended
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Mar. 31, 2016
Restructuring Costs and Asset Impairment Charges [Abstract] |
ASSET IMPAIRMENTS AND RESTRUCTURING | ASSET IMPAIRMENTS AND RESTRUCTURING In first quarter 2016, there were net asset impairments and restructuring gains of $2 million in the AFP segment for the sale of previously impaired assets at the Crystex® R&D facility in France. In first quarter 2015 there were net asset impairments and restructuring charges of $109 million. Net asset impairments and restructuring charges included $81 million of asset impairments and $16 million of restructuring charges, including severance, in the Fibers segment due to the closure of the Workington, UK acetate tow manufacturing facility which was substantially completed in 2015. Additionally, in first quarter 2015, management decided not to continue a growth initiative that was reported in "Other". This resulted in the Company recognizing asset impairments of $8 million and restructuring charges of $4 million. Changes in Reserves for Asset Impairments, Restructuring Charges, Net, and Severance Charges The following table summarizes the changes in asset impairments and restructuring charges and gains, the non-cash reductions attributable to asset impairments, and the cash reductions in restructuring reserves for severance costs and site closure costs paid in first three months 2016 and full year 2015:
(Dollars in millions) | Balance at January 1, 2016 |  | Provision/ Adjustments |  | Non-cash Reductions |  | Cash Reductions |  | Balance at March 31, 2016
Non-cash charges | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Severance costs | 55 |  |  | — |  |  | — |  |  | (8 | ) |  | 47 |
Site closure and restructuring costs | 11 |  |  | (2 | ) |  | 1 |  |  | — |  |  | 10 |
Total | $ | 66 |  |  | $ | (2 | ) |  | $ | 1 |  |  | $ | (8 | ) |  | $ | 57 |
(Dollars in millions) | Balance at January 1, 2015 |  | Provision/ Adjustments |  | Non-cash Reductions |  | Cash Reductions |  | Balance at December 31, 2015
Non-cash charges | $ | — |  |  | $ | 107 |  |  | $ | (107 | ) |  | $ | — |  |  | $ | — |
Severance costs | 13 |  |  | 67 |  |  | 1 |  |  | (26 | ) |  | 55 |
Site closure and restructuring costs | 15 |  |  | 9 |  |  | 3 |  |  | (16 | ) |  | 11 |
Total | $ | 28 |  |  | $ | 183 |  |  | $ | (103 | ) |  | $ | (42 | ) |  | $ | 66 |
Substantially all severance costs remaining are expected to be applied to the reserves within one year.

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- Definition The entire disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References No definition available. + Details
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