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Restructuring | 6 Months Ended
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Jun. 30, 2017
Restructuring and Related Activities [Abstract] |
Restructuring Activities | Restructuring and Other Related Charges Restructuring During first quarter 2017, the Company initiated a strategic restructuring initiative to drive operational efficiency throughout the organization by reducing headcount, improving processes and consolidating functions, closing certain rental locations and decreasing the size of our fleet (the “T17”). During the six months ended June 30, 2017, as part of this initiative, the Company formally communicated the termination of employment to approximately 535 employees, and as of June 30, 2017, the Company had terminated the employment of approximately 410 of these employees. The costs associated with this initiative primarily represent severance, outplacement services and other costs associated with employee terminations, the majority of which have been or are expected to be settled in cash. The Company expects further restructuring expense of approximately $10 million related to this initiative to be incurred in 2017. In conjunction with previous acquisitions, the Company identified opportunities to integrate and streamline its operations, primarily in Europe. This initiative is substantially complete, and the Company does not anticipate any further restructuring expense related to this initiative. In 2014, the Company committed to various strategic initiatives to identify best practices and drive efficiency throughout its organization, by reducing headcount, improving processes and consolidating functions (the “T15”). The Company does not anticipate any further restructuring expense related to this initiative. The following tables summarize the changes to our restructuring-related liabilities and identify the amounts recorded within the Company’s reporting segments for restructuring charges and corresponding payments and utilizations:
|  |  |  | Americas |  | International |  | Total
Balance as of January 1, 2017 |  |  | $ | 1 |  |  | $ | 5 |  |  | $ | 6 |
| Restructuring expense T17 |  |  | 21 |  |  | 3 |  |  | 24 |
| Restructuring payment/utilization T17 |  |  | (20 | ) |  | (3 | ) |  | (23 | )
| Restructuring payment/utilization T15 |  |  | (1 | ) |  | (1 | ) |  | (2 | )
Balance as of June 30, 2017 |  |  | $ | 1 |  |  | $ | 4 |  |  | $ | 5 |
|  | Personnel Related |  | Facility Related |  | Other (a) |  | Total
Balance as of January 1, 2017 | $ | 5 |  |  | $ | 1 |  |  | $ | — |  |  | $ | 6 |
| Restructuring expense T17 | 12 |  |  | — |  |  | 12 |  |  | 24 |
| Restructuring payment/utilization T17 | (11 | ) |  | — |  |  | (12 | ) |  | (23 | )
| Restructuring payment/utilization T15 | (2 | ) |  | — |  |  | — |  |  | (2 | )
Balance as of June 30, 2017 | $ | 4 |  |  | $ | 1 |  |  | $ | — |  |  | $ | 5 |
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(a) | Includes expenses primarily related to the disposition of vehicles.
Other Related Charges Officer Separation Costs On May 12, 2017, the Company announced the resignation of David B. Wyshner as the Company’s President and Chief Financial Officer. In connection with Mr. Wyshner’s departure, the Company recorded other related charges of $7 million during the three and six months ended June 30, 2017, inclusive of accelerated stock-based compensation expense of $2 million. Limited Voluntary Opportunity Plan (“LVOP”) During second quarter 2017, the Company offered a voluntary termination program to certain employees in the Americas’ field operations, shared services, and general and administrative functions for a limited time. These employees, if qualified, could have elected resignation from employment in return for enhanced severance benefits to be settled in cash. In connection with the LVOP, the Company recorded other related charges of $14 million. Approximately 325 qualified employees elected to participate in the plan, and as of June 30, 2017, the Company had terminated the employment of approximately 185 of these participants.

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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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