DELPHI 2013 Annual Report Download - page 102
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80
The following table summarizes the restructuring charges recorded for the years ended December 31, 2013, 2012 and
2011 by operating segment:
Year Ended December 31,
Segment 2013 2012 2011
(in millions)
Electrical/Electronic Architecture....................................................... $ 28 $ 49 $ 12
Powertrain Systems ............................................................................ 52 25 12
Electronics and Safety ........................................................................ 56 89 5
Thermal Systems ................................................................................ 9 8 2
Total.................................................................................................. $ 145 $ 171 $ 31
The table below summarizes the activity in the restructuring liability for the years ended December 31, 2013 and 2012:
Employee
Termination
Benefits
Liability Other Exit
Costs Liability Total
(in millions)
Accrual balance at January 1, 2012................................................. $ 86 $ 10 $ 96
Provision for estimated expenses incurred during the year ..... 166 5 171
Payments made during the year............................................... (102)(7)(109)
Foreign currency and other...................................................... 7(2) 5
Accrual balance at December 31, 2012........................................... $ 157 $ 6 $ 163
Provision for estimated expenses incurred during the year ..... 143 2 145
Payments made during the year............................................... (166)(4)(170)
Foreign currency and other...................................................... 1 — 1
Accrual balance at December 31, 2013........................................... $ 135 $ 4 $ 139
As part of Delphi’s ongoing efforts to lower costs and operate efficiently, the Company recorded $10 million of
restructuring costs during 2011 in North America and South America, primarily related to the Electrical/Electronic Architecture
segment. The Company also recorded $10 million of restructuring costs during 2011 in conjunction with workforce reduction
and programs related to the rationalization of manufacturing and engineering processes, including plant closures in Europe,
primarily related to the Powertrain segment. Additionally, $5 million of costs were incurred related to workforce reduction
efforts resulting from prior divestitures.