7.	RESTRUCTURING ACTIVITIES

Fiscal 2017 Oracle Restructuring Plan

During fiscal 2017, our management approved, committed to and initiated plans to restructure and further improve efficiencies in our operations due to our recent acquisitions and certain other operational activities (2017 Restructuring Plan). In the first quarter of fiscal 2018, our management supplemented the 2017 Restructuring Plan to reflect additional actions that we expect to take. The total estimated restructuring costs associated with the 2017 Restructuring Plan are up to $1.1 billion and will be recorded to the restructuring expense line item within our condensed consolidated statements of operations as they are incurred. We recorded $516 million of restructuring expenses in connection with the 2017 Restructuring Plan in the first nine months of fiscal 2018 and we expect to incur the majority of the estimated remaining $112 million through the end of fiscal 2018. Any changes to the estimates of executing the 2017 Restructuring Plan will be reflected in our future results of operations.

Summary of All Plans

	Accrued		Nine Months Ended February 28, 2018											Accrued		Total Costs		Total Expected
(in millions)	May 31, 2017⁽²⁾		Initial Costs⁽³⁾		Adj. to Cost⁽⁴⁾			Cash Payments			Others⁽⁵⁾			February 28, 2018⁽²⁾		Accrued to Date		Program Costs
Fiscal 2017 Oracle Restructuring Plan⁽¹⁾
Cloud and on-premise software	$	85	$	111	$	(8	)	$	(129	)	$	6		$	65	$	281	$	300
Hardware		31		146		(7	)		(89	)		4			85		227		241
Services		25		40		(3	)		(45	)		2			19		95		130
Other		44		230		7			(159	)		(4	)		118		399		443
Total Fiscal 2017 Oracle Restructuring Plan	$	185	$	527	$	(11	)	$	(422	)	$	8		$	287	$	1,002	$	1,114
Total other restructuring plans⁽⁶⁾	$	79	$	1	$	(11	)	$	(30	)	$	5		$	44
Total restructuring plans	$	264	$	528	$	(22	)	$	(452	)	$	13		$	331

⁽¹⁾	Restructuring costs recorded for individual line items primarily related to employee severance costs.

⁽²⁾	The balances at February 28, 2018 and May 31, 2017 included $298 million and $242 million, respectively, recorded in other current liabilities, and $33 million and $22 million, respectively, recorded in other non-current liabilities.

⁽³⁾	Costs recorded for the respective restructuring plans during the current period presented.

⁽⁴⁾	All plan adjustments were changes in estimates whereby increases and decreases in costs were generally recorded to operating expenses in the period of adjustments.

⁽⁵⁾	Represents foreign currency translation and certain other adjustments.

⁽⁶⁾

Other restructuring plans presented in the table above included condensed information for other Oracle based plans and other plans associated with certain of our acquisitions whereby we continued to make cash outlays to settle obligations under these plans during the period presented but for which the periodic impact to our condensed consolidated statements of operations was not significant.