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Restructuring Charges | 3 Months Ended
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Mar. 31, 2015
Restructuring Charges [Abstract] |
Restructuring Charges | RESTRUCTURING CHARGES During 2014 and the first quarter of 2015, we announced the following restructuring plans: (a) the closure of a microwave oven manufacturing facility and other organizational efficiency actions in EMEA and Latin America, (b) organizational integration activities in China and Europe to support the integration of the acquisitions of Hefei Sanyo and Indesit, and (c) the closure of an R&D facility in Germany in 2016. These plans resulted in charges of $33 million in the first quarter of 2015 related to employee termination costs, non-cash asset impairment costs, and facility exit costs. Completion of these plans is expected by the end of 2018. On April 15, 2015, we committed to an industrial plan for Italy to integrate its legacy Italian operations with those of Indesit, of which we acquired a majority stake in October 2014 and fully-owned as of December 2014. These actions are expected to result in the closure of a manufacturing facility in Carinaro and research and development facility in None; the integration of a manufacturing facility in Albacina into a manufacturing facility in Melano; and result in certain other headcount reductions in manufacturing facilities in Fabriano, Comunanza and Naples. We currently expect that approximately 1,350 full-time positions, most of which were deemed redundant by Indesit prior to the acquisition, will be impacted by these actions. We expect these actions to be substantially complete in 2018. We estimate to incur up to approximately €95 million (approximately $101 million as of the date of the announcement) in employee-related costs, approximately €25 million (approximately $27 million as of the date of the announcement) in asset impairment costs, and approximately €15 million (approximately $16 million as of the date of the announcement) in other associated costs in connection with these actions. We estimate to incur a total of approximately €135 million (approximately $144 million as of the date of the announcement) in costs, as itemized above, through 2018 in connection with these actions. We estimate that approximately €110 million (approximately $118 million as of the date of the announcement) of the estimated €135 million total cost will result in future cash expenditures. The following table summarizes the change in our combined restructuring liability for the period ended March 31, 2015:
Millions of dollars | December 31, 2014 | Charge to Earnings | Cash Paid | Non-cash and Other | Revision of Estimate | March 31, 2015
Employee termination costs | $ | 58 |  | $ | 25 |  | $ | (16 | ) | $ | (15 | ) | $ | 3 |  | $ | 55 |
Asset impairment costs | — |  | 1 |  | — |  | (1 | ) | — |  | — |
Facility exit costs | 4 |  | 3 |  | (3 | ) | — |  | — |  | 4 |
Other exit costs | 16 |  | 4 |  | (6 | ) | — |  | — |  | 14 |
Total | $ | 78 |  | $ | 33 |  | $ | (25 | ) | $ | (16 | ) | $ | 3 |  | $ | 73 |
The following table summarizes 2015 restructuring charges by operating segment:
Millions of dollars |  | 2015 Charges
North America |  | $ | 2 |
Latin America |  | 6 |
EMEA |  | 25 |
Total |  | $ | 33 |

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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 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140864-122747 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 5 -Section P -Subsection 3, 4 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 Reference 4: 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 + Details
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