The following table provides the components of and changes in our restructuring accruals: | ||||||||||||||||
(MILLIONS OF DOLLARS) | Employee Termination Costs | Asset Impairment Charges | Exit Costs | Accrual | ||||||||||||
Balance, January 1, 2012 | $ | 2,429 | $ | — | $ | 92 | $ | 2,521 | ||||||||
Provision | 953 | 325 | 150 | 1,428 | ||||||||||||
Utilization and other(a) | (1,648 | ) | (325 | ) | (90 | ) | (2,063 | ) | ||||||||
Balance, December 31, 2012(b) | 1,734 | — | 152 | 1,886 | ||||||||||||
Provision | 805 | 165 | 68 | 1,038 | ||||||||||||
Utilization and other(a) | (854 | ) | (165 | ) | (126 | ) | (1,145 | ) | ||||||||
Balance, December 31, 2013(c) | $ | 1,685 | $ | — | $ | 94 | $ | 1,779 | ||||||||
(a) | Includes adjustments for foreign currency translation. |
(b) | Included in Other current liabilities ($1.2 billion) and Other noncurrent liabilities ($720 million). |
(c) | Included in Other current liabilities ($1.0 billion) and Other noncurrent liabilities ($767 million). |