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Restructuring Charges
9 Months Ended
Sep. 30, 2014
Restructuring Charges [Abstract]  
Restructuring Charges
RESTRUCTURING CHARGES

During the fourth quarter 2011, the Company committed to restructuring plans (the "2011 Plan") to expand our operating margins and improve our earnings through substantial cost and capacity reductions, primarily within our North America and EMEA operating segments. All actions related to the 2011 Plan will result in expenses of approximately $50 million in 2014 and are now substantially complete.
During 2014, the Company announced the following restructuring plans: (a) the closure of a microwave oven manufacturing facility and other organizational efficiency actions in EMEA and Latin America, and (b) organizational integration activities in China, in anticipation of the Hefei Sanyo transaction. These plans are expected to result in charges of approximately $90 million, with substantial completion expected by the end of 2015, related to employee termination costs, non-cash asset impairment costs, and facility exit costs.
The total anticipated charges related to restructuring plans will be up to $150 million in 2014.
The following table summarizes the change in our combined restructuring liability for the period ended September 30, 2014:


Millions of dollars
December 31,
2013
Charge to Earnings
Cash Paid
Non-cash and Other
September 30,
2014
Employee termination costs
$
74

$
61

$
(73
)
$
(2
)
$
60

Asset impairment costs

23


(23
)

Facility exit costs
14

8

(15
)

7

Other exit costs
18

9

(9
)

18

Total
$
106

$
101

$
(97
)
$
(25
)
$
85



The following table summarizes 2014 restructuring charges by operating segment:
Millions of dollars
 
2014 Charges
North America
 
$
8

Latin America
 
8

EMEA
 
75

Asia
 
10

Total
 
$
101