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Restructuring and Other Charges, Net (Tables)
12 Months Ended
Sep. 30, 2022
Restructuring and Other Charges, Net  
Schedule of net restructuring and other charges

Fiscal

    

2022

    

2021

    

2020

    

(in millions)

Restructuring charges, net

$

137

$

208

$

257

Impairment of held for sale businesses and loss on divestitures, net

4

21

Other charges, net

 

 

4

 

Restructuring and other charges, net

$

141

$

233

$

257

Net restructuring and related charges by segment

Fiscal

    

2022

    

2021

    

2020

    

(in millions)

Transportation Solutions

$

80

$

135

$

113

Industrial Solutions

 

34

 

50

 

102

Communications Solutions

 

23

 

23

 

42

Restructuring charges, net

137

208

257

Plus: charges included in cost of sales(1)

16

Restructuring and related charges, net

$

153

$

208

$

257

(1)Charges included in cost of sales were attributable to inventory-related charges within the Industrial Solutions segment.
Summary of activity in restructuring reserves

Balance at

Balance at

  

Beginning

Currency

End

of Fiscal

Changes in

Cash

Non-Cash

Translation

of Fiscal

    

Year

    

Charges

    

Estimate

    

Payments

    

Items

    

and Other

    

Year

    

(in millions)

Fiscal 2022 Activity:

Fiscal 2022 Actions:

Employee severance

$

$

126

$

$

(15)

$

$

(3)

$

108

Facility and other exit costs

2

(1)

1

Property, plant, and equipment and other non-cash charges

33

(33)

Total

161

(16)

(33)

(3)

109

Fiscal 2021 Actions:

Employee severance

152

2

(8)

(83)

(14)

49

Facility and other exit costs

2

5

(7)

Property, plant, and equipment

3

(3)

Total

154

10

(8)

(90)

(3)

(14)

49

Fiscal 2020 Actions:

Employee severance

104

(17)

(27)

(11)

49

Facility and other exit costs

15

(2)

(5)

(1)

7

Property, plant, and equipment

4

(3)

(1)

Total

119

4

(22)

(32)

(1)

(12)

56

Pre-Fiscal 2020 Actions:

Employee severance

31

(14)

(3)

14

Facility and other exit costs

8

(8)

Total

31

8

(22)

(3)

14

Total fiscal 2022 activity

$

304

$

183

$

(30)

$

(160)

$

(37)

$

(32)

$

228

Fiscal 2021 Activity:

Fiscal 2021 Actions:

Employee severance

$

$

199

$

(17)

$

(26)

$

$

(4)

$

152

Facility and other exit costs

4

(2)

2

Property, plant, and equipment

9

(9)

Total

212

(17)

(28)

(9)

(4)

154

Fiscal 2020 Actions:

Employee severance

180

5

(84)

3

104

Facility and other exit costs

8

11

(4)

15

Property, plant, and equipment

7

(7)

Total

188

23

(88)

(7)

3

119

Pre-Fiscal 2020 Actions:

Employee severance

93

(9)

(53)

31

Facility and other exit costs

4

2

(6)

Property, plant, and equipment

(3)

3

Total

97

2

(12)

(59)

3

31

Total fiscal 2021 activity

$

285

$

237

$

(29)

$

(175)

$

(13)

$

(1)

$

304

Fiscal 2020 Activity:

Fiscal 2020 Actions:

Employee severance

$

$

214

$

$

(35)

$

$

1

$

180

Facility and other exit costs

 

8

8

Property, plant, and equipment

 

28

(28)

Total

 

250

(35)

(28)

1

188

Pre-Fiscal 2020 Actions:

Employee severance

 

261

7

(26)

(153)

4

93

Facility and other exit costs

 

3

17

(18)

2

4

Property, plant, and equipment

9

(9)

Total

 

264

 

33

 

(26)

 

(171)

 

(9)

 

6

 

97

Total fiscal 2020 activity

$

264

$

283

$

(26)

$

(206)

$

(37)

$

7

$

285

Restructuring reserves included on Consolidated Balance Sheets

Fiscal Year End

    

2022

    

2021

    

(in millions)

Accrued and other current liabilities

$

182

$

236

Other liabilities

 

46

 

68

Restructuring reserves

$

228

$

304

Fiscal 2021 Actions  
Restructuring and Other Charges, Net  
Schedule of expected, incurred and remaining charges by segment

The following table summarizes charges incurred for the fiscal 2021 program by segment as of fiscal year end 2022:

Cumulative

Charges

    

Incurred

    

(in millions)

Transportation Solutions

$

124

Industrial Solutions

 

49

Communications Solutions

 

24

Total

$

197

Fiscal 2022 Actions  
Restructuring and Other Charges, Net  
Schedule of expected, incurred and remaining charges by segment

The following table summarizes expected, incurred, and remaining charges for the fiscal 2022 program by segment as of fiscal year end 2022:

Total

Cumulative

Remaining

Expected

Charges

Expected

    

Charges

    

Incurred

    

Charges

    

(in millions)

Transportation Solutions

$

99

$

88

$

11

Industrial Solutions

 

56

 

52

 

4

Communications Solutions

 

30

 

21

 

9

Total

$

185

$

161

$

24