Employee Termination Benefits Exit Costs Total Balance at December 31, 2011 $ 30 $ 3 $ 33 Charges to restructuring 31 20 51 Adjustments of accruals (4) (4) Discontinued operations charges 3 3 Non-cash write-off (2) (2) Cash payments (30) (11) (41) Balance at December 31, 2012 27 13 40 Charges to restructuring 23 11 34 Adjustments of accruals (9) (1) (10) Discontinued operations charges 1 1 Cash payments (27) (13) (40) Balance at December 31, 2013 14 11 25 Charges to restructuring 17 6 23 Adjustments of accruals (2) (2) Cash payments (18) (8) (26) Currency impact 1 1 Balance at December 31, 2014 $ 12 $ 9 $ 21 Accrued restructuring costs activity, including noncurrent portion  — At December 31, 2014, the accrued employee termination benefits relate to the reduction of approximately  200 employees  to be completed over the next two years. The exit costs relate primarily to lease continuation obligations. Cost to complete  — The following table provides project-to-date and estimated future expenses for completion of our pending  restructuring initiatives for our business segments. The future cost to complete includes estimated separation costs, primarily those associated with one-time benefit programs,  and exit costs, including lease continuation costs, equipment transfers and other costs which are required to be recognized as  closures are finalized or as incurred during the closure. Note 6. Inventories Expense Recognized Future Cost to Complete Prior to 2014 2014 Total to Date Light Vehicle $ 8 $ 2 $ 10 $ 2 Commercial Vehicle 28 19 47 11 Off-Highway 8 (1) 7 Power Technologies 2 1 3 Discontinued operations 2 2 Total $ 48 $ 21 $ 69 $ 13 2014 2013 Raw materials $ 304 $ 337 Work in process and finished goods 398 381 Inventory reserves (48) (48) Total $ 654 $ 670 Inventory components at December 31  — 54