2016

In 2016, the employee-related restructuring provisions, made on a case-by-case basis, and cash payments related mainly to headcount reductions in high-cost countries in Europe and Korea. The table below summarizes the change in the balance sheet position of the restructuring reserves from December 31, 2015 to December 31, 2016.

 

     December 31
2015
     Provision/
Charge
     Provision/
Reversal
    Cash
payments
    Translation
difference
    December 31
2016
 

Restructuring employee-related

   $ 87.7      $ 26.2      $ (2.8   $ (73.0   $ (1.0   $ 37.1  

Other

     0.2        0.5        (0.0     (0.0     (0.3     0.4  
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

   

 

 

 

Total reserve

   $ 87.9      $ 26.7      $ (2.8   $ (73.0   $ (1.3   $ 37.5  
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

   

 

 

 

2015

In 2015, the employee-related restructuring provisions, made on a case-by-case basis, and cash payments related mainly to headcount reductions in high-cost countries in Europe. The table below summarizes the change in the balance sheet position of the restructuring reserves from December 31, 2014 to December 31, 2015.

 

     December 31
2014
     Provision/
Charge
     Provision/
Reversal
    Cash
payments
    Translation
difference
    December 31
2015
 

Restructuring employee-related

   $ 79.6      $ 82.6      $ (2.9   $ (63.4   $ (8.2   $ 87.7  

Other

     0.2        0.2        (0.0     (0.2     0.0       0.2  
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

   

 

 

 

Total reserve

   $ 79.8      $ 82.8      $ (2.9   $ (63.6   $ (8.2   $ 87.9  
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

   

 

 

 

2014

In 2014, the employee-related restructuring provisions, made on a case-by-case basis, and cash payments related mainly to headcount reductions in high-cost countries in Europe. The table below summarizes the change in the balance sheet position of the restructuring reserves from December 31, 2013 to December 31, 2014.

 

     December 31
2013
     Provision/
Charge
     Provision/
Reversal
    Cash
payments
    Translation
difference
    December 31
2014
 

Restructuring employee-related

   $ 93.9      $ 42.6      $ (2.3   $ (44.2   $ (10.4   $ 79.6  

Other

     0.3        0.2        (0.0     (0.3     0.0       0.2  
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

   

 

 

 

Total reserve

   $ 94.2      $ 42.8      $ (2.3   $ (44.5   $ (10.4   $ 79.8