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Restructuring Activities | 6 Months Ended
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Jun. 30, 2018
Restructuring and Related Activities [Abstract] |
Restructuring and Related Activities Disclosure [Text Block] | Restructuring Activities Given the economically-sensitive and highly competitive nature of the automotive electronics industry, the Company continues to closely monitor current market factors and industry trends, taking action as necessary which may include restructuring actions. However, there can be no assurance that any such actions will be sufficient to fully offset the impact of adverse factors on the Company or its results of operations, financial position and cash flows. During the three and six months ended June 30, 2018, the Company recorded $5 million and $11 million of restructuring expenses, including discontinued operations, net of reversals, respectively. Electronics During the second quarter of 2018, the Company recorded approximately $3 million of restructuring expenses related to severance and termination benefits associated with legacy employees at a South America facility. During the second quarter of 2018, the Company recorded $2 million of restructuring expenses related to severance and termination benefits associated with employees at North America manufacturing facilities due to the wind-down of certain products. During the fourth quarter of 2016, the Company approved a restructuring program impacting engineering and administrative functions, associated with approximately 250 employees to further align the Company's engineering and related administrative footprint with its core product technologies and customers. During the three and six months ended June 30, 2018, the Company recorded approximately less than $1 million and $5 million of restructuring expenses, respectively under this program, and $5 million remains accrued for the program as of June 30, 2018. Through June 30, 2018, the Company has recorded approximately $45 million of restructuring expenses since inception of this program and it is considered substantially complete. Discontinued Operations During the first half of 2018, the Company recorded $1 million associated with a former European Interiors facility related to settlement of employee severance litigation. As of June 30, 2018, the Company retained approximately $3 million of restructuring reserves as part of the Interiors Divestiture associated with previously announced programs for the fundamental reorganization of operations at facilities in Brazil and France. Restructuring Reserves Restructuring reserve balances of $13 million and $24 million as of June 30, 2018 and December 31, 2017, respectively, are classified as "Other current liabilities" on the consolidated balance sheets. The Company anticipates that the activities associated with the current restructuring reserve balance will be substantially complete within one year. The Company’s consolidated restructuring reserves and related activity are summarized below, including amounts associated with discontinued operations.
| Electronics |  | Other and Discontinued Operations |  | Total
| (Dollars in Millions)
December 31, 2017 | $ | 18 |  |  | $ | 6 |  |  | $ | 24 |
Expense | 5 |  |  | 1 |  |  | 6 |
Utilization | (12 | ) |  | — |  |  | (12 | )
March 31, 2018 | 11 |  |  | 7 |  |  | 18 |
Expense | 5 |  |  | — |  |  | 5 |
Utilization | (5 | ) |  | (4 | ) |  | (9 | )
Foreign currency | (1 | ) |  | — |  |  | (1 | )
June 30, 2018 | $ | 10 |  |  | $ | 3 |  |  | $ | 13 |

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- References No definition available. + Details
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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
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