Xerox 2013 Annual Report Download - page 108

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A summary of our restructuring program activity during the three years ended December 31, 2013 is as follows:
Severance and
Related Costs
Lease Cancellation
and Other Costs
Asset
Impairments(1) Total
Balance at December 31, 2010 $298 $ 25 $ — $ 323
Restructuring provision 97 1 5 103
Reversals of prior accruals (65) (6) — (71)
Net current period charges - continuing operations(2) 32 (5) 532
Discontinued operations(3) 1——1
Total Net Current Period Charges 33 (5) 533
Charges against reserve and currency (215)(13) (5) (233)
Balance at December 31, 2011 116 7 —123
Restructuring provision 161 5 2 168
Reversals of prior accruals (13)—(1) (14)
Net current period charges - continuing operations(2) 148 5 1 154
Discontinued operations(3) (1) —— (1)
Total Net Current Period Charges 147 5 1 153
Charges against reserve and currency (140) (5) (1) (146)
Balance at December 31, 2012 123 7 —130
Restructuring provision 142 2 1 145
Reversals of prior accruals (29)——(29)
Net current period charges - continuing operations(2) 113 2 1 116
Discontinued operations(3) 6——6
Total Net Current Period Charges 119 2 1 122
Charges against reserve and currency (133) (2) (1) (136)
Balance at December 31, 2013 $109 $7$ — $ 116
________________
(1) Charges associated with asset impairments represent the write-down of the related assets to their new cost basis and are recorded
concurrently with the recognition of the provision.
(2) Represents amount recognized within the Consolidated Statements of Income for the years shown.
(3) Refer to Note 3 - Acquisitions and Divestitures for additional information regarding discontinued operations.
The following table summarizes the reconciliation to the Consolidated Statements of Cash Flows:
Year Ended December 31,
2013 2012 2011
Charges against reserve $(136) $ (146) $ (233)
Asset impairment 1 1 5
Effects of foreign currency and other non-cash items (1) 110
Restructuring Cash Payments $(136) $ (144) $ (218)
The following table summarizes the total amount of costs incurred in connection with these restructuring programs
by segment:
Year Ended December 31,
2013 2012 2011
Services $ 39 $ 71 $ 12
Document Technology 77 83 23
Other — — (3)
Total Net Restructuring Charges $116 $154 $ 32
91