eBay 2012 Annual Report Download - page 121

Download and view the complete annual report

Please find page 121 of the 2012 eBay annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 162

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162

eBay Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
The following table summarizes the restructuring reserve activity during the year ended December 31, 2012:
2009 Customer Service Consolidation
In 2009, we began the consolidation of certain customer service facilities in North America and Europe to streamline our operations and
deliver better and more efficient customer support to our users. We completed these activities during the first quarter of 2011. The consolidation
impacted approximately 1,000 employees. In connection with the consolidation, we incurred total costs of approximately $47 million , primarily
related to employee severance and benefits, of which $21 million was incurred in 2010. These restructuring costs are presented in general and
administrative expenses on the consolidated statement of income.
The following table summarizes by segment the restructuring costs recognized during the years ended December 31, 2010:
F-27
Severance and
Benefits
Other
Total
(In millions)
Accrued liability as of January 1, 2012
$
$
$
Charges
30
1
31
Payments
(10
)
(
10
)
Non-cash settlements
(
1
)
(1
)
Accrued liability as of December 31, 2012
$
20
$
$
20
Employee Severance
and Benefits
Facilities
Total
(In millions)
Marketplaces
$
19
$
3
$
22
Payments
(1
)
(
1
)
$
18
$
3
$
21