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Restructuring and Relocation Activities | 12 Months Ended
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Dec. 31, 2016
Restructuring And Related Activities [Abstract] |
Restructuring and Relocation Activities | Note 9 Restructuring and Relocation Activities Consolidation of Restructuring Programs As reported in our 2015 Form 10-K, our December 2011 Integration and Optimization Program (“IOP”) is substantially complete and did not significantly impact 2016. The May 2013 Earnings Quality Improvement Program (“EQIP”) and the December 2014 Fusion program had significant activity in 2016. In the first quarter of 2016, the Board of Directors agreed to consolidate the remaining activities of all restructuring programs to create a single program to be called the “Sealed Air Restructuring Program” or the “Program.” The Program consists of a portfolio of restructuring projects across all of our divisions as part of our transformation of Sealed Air into a knowledge-based company, including reductions in headcount, and relocation of certain facilities and offices, which primarily reflects the relocation of our global headquarters to Charlotte, North Carolina, including the headquarters for our divisions, research and development facilities, and corporate offices. By December 31, 2017, we anticipate approximately 1,300 jobs will have been relocated to Charlotte primarily from our former corporate headquarters in Elmwood Park, New Jersey; and facilities in Saddle Brook, New Jersey; Racine, Wisconsin; and, Duncan and Greenville, South Carolina. The cost of the Charlotte campus is estimated to be approximately $120.0 million. Program metrics are as follows:
|  | Sealed Air Restructuring Program |
Approximate positions eliminated by the Program |  |  | 1,950 |
Estimated Program Costs (in millions): |  |  |  |
Costs of reduction in headcount as a result of reorganization |  | $235-$245 |
Other expenses associated with the Program |  | 155-160 |
Total expense |  | $390-$405 |
Capital expenditures |  | 250-255 |
Proceeds, foreign exchange and other cash items |  | (70)-(75) |
Total estimated net cash cost |  | $570-$585 |
Program to Date Cumulative Expense (in millions): |  |  |  |
Costs of reduction in headcount as a result of reorganization |  | $ | 226 |
Other expenses associated with the Program |  |  | 105 |
Total Cumulative Expense |  | $ | 331 |
Cumulative capital expenditures |  | $ | 214 |
The following table details our restructuring activities as reflected in the Statement of Operations for the twelve months ended December 31, 2016, 2015 and 2014:
|  | Three Years Ended |
|  | December 31, |
(In millions) |  | 2016 |  |  | 2015 |  |  | 2014 |
Other associated costs |  | $ | 28.0 |  |  | $ | 42.9 |  |  | $ | 35.8 |
Restructuring charges |  |  | 12.9 |  |  |  | 78.3 |  |  |  | 65.7 |
Total |  | $ | 40.9 |  |  | $ | 121.2 |  |  | $ | 101.5 |
Capital Expenditures |  | $ | 123.5 |  |  | $ | 52.0 |  |  | $ | 28.0 |
The restructuring accrual, spending and other activity for the year ended December 31, 2016 and the accrual balance remaining at December 31, 2016 related to the Program were as follows:
(In millions) |  |  |  |
Restructuring accrual at December 31, 2015 |  | $ | 76.3 |
Accrual and accrual adjustments |  |  | 12.9 |
Cash payments during 2016 |  |  | (39.3 | )
Effect of changes in foreign currency exchange rates |  |  | (2.5 | )
Restructuring accrual at December 31, 2016 |  | $ | 47.4 |
We expect to pay $44.8 million of the accrual balance remaining at December 31, 2016 within the next twelve months. This amount is included in accrued restructuring costs on the Consolidated Balance Sheet at December 31, 2016. The majority of the remaining accrual of $2.6 million is expected to be paid in 2018. This amount is included in other non-current liabilities on our Consolidated Balance Sheet at December 31, 2016.

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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 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 5.P.3) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140864-122747 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
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