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Table of Contents
2008 Restructuring Programs
The activity for the 2008 restructuring programs is presented below:
2008
Category Initial
Provision Utilization
During 2008 Ending Balance
Non-Cash
Portion of the
Provision
Workforce reductions $ 201.0 $ (14.7) $ 186.3 $ 1.3
Abandoned and impaired assets 49.8 (49.8) — 49.8
Consolidation of excess facilities and other contractual obligations 5.7 (3.4) 2.4 —
Total $ 256.5 $ (67.9) $ 188.7 $ 51.1
The remaining cash portion owed for these programs is $186.5. The cash expenditures relating to workforce reductions are expected to be substantially
paid by the end of 2010. The cash expenditures relating to the contractual obligations are expected to be paid out by the end of 2009.
2007 Restructuring Program
The activity for the 2007 restructuring program for the years ended December 31, 2008 and 2007 is presented below:
2008
Category Beginning
Balance Adjustment to
the Provision Utilization Ending Balance
Workforce reductions $ 12.4 $ 3.8 $ (13.1) $ 3.1
Total $ 12.4 $ 3.8 $ (13.1) $ 3.1
2007
Category Initial
Provision Utilization Ending Balance
Non-Cash
Portion of the
Provision
Workforce reductions $ 13.3 $ (0.8) $ 12.4 $ 0.9
Total $ 13.3 $ (0.8) $ 12.4 $ 0.9
2006 Restructuring Programs
The activity for the 2006 restructuring programs for the years ended December 31, 2008, 2007 and 2006 is presented below:
2008
Category Beginning
Balance Adjustment to
the Provision Utilization Ending Balance
Workforce reductions $ 83.2 $ (10.3) $ (63.4) $ 9.5
Consolidation of excess facilities 2.6 (0.3) — 2.3
Total $ 85.7 $ (10.5) $ (63.4) $ 11.7
2007
Category Beginning
Balance Adjustment to
the Provision Utilization Ending Balance
Workforce reductions $ 127.8 $ 21.5 $ (66.2) $ 83.2
Consolidation of excess facilities 5.5 (0.3) (2.7) 2.6
Contractual and other obligations 4.8 — (4.8) —
Total $ 138.2 $ 21.2 $ (73.7) $ 85.7
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