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 |
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Restructuring employee-related |
$ | 87.7 | $ | 26.2 | $ | (2.8 | ) | $ | (73.0 | ) | $ | (1.0 | ) | $ | 37.1 | |||||||||
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Other |
0.2 | 0.5 | (0.0 | ) | (0.0 | ) | (0.3 | ) | 0.4 | |||||||||||||||
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Total reserve |
$ | 87.9 | $ | 26.7 | $ | (2.8 | ) | $ | (73.0 | ) | $ | (1.3 | ) | $ | 37.5 | |||||||||
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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 |
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Restructuring employee-related |
$ | 79.6 | $ | 82.6 | $ | (2.9 | ) | $ | (63.4 | ) | $ | (8.2 | ) | $ | 87.7 | |||||||||
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Other |
0.2 | 0.2 | (0.0 | ) | (0.2 | ) | 0.0 | 0.2 | ||||||||||||||||
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Total reserve |
$ | 79.8 | $ | 82.8 | $ | (2.9 | ) | $ | (63.6 | ) | $ | (8.2 | ) | $ | 87.9 | |||||||||
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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 |
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Restructuring employee-related |
$ | 93.9 | $ | 42.6 | $ | (2.3 | ) | $ | (44.2 | ) | $ | (10.4 | ) | $ | 79.6 | |||||||||
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Other |
0.3 | 0.2 | (0.0 | ) | (0.3 | ) | 0.0 | 0.2 | ||||||||||||||||
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Total reserve |
$ | 94.2 | $ | 42.8 | $ | (2.3 | ) | $ | (44.5 | ) | $ | (10.4 | ) | $ | 79.8 | |||||||||
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