Restructuring Programs

3 Months Ended

Sep. 30, 2020

Restructuring and Related Activities [Abstract]

NOTE 3 . RESTRUCTURING PROGRAMS

Restructuring

During the three months ended September 30, 2020 and 2019, the Company recorded restructuring charges of $40 million and $24 million, respectively, of which $31 million and $18 million, respectively, related to the News Media segment. The restructuring charges recorded in fiscal 2021 primarily relate to exit costs associated with the anticipated closure of the Company’s Bronx print plant. In September 2020, the Company announced that it plans to close the plant and shift the printing of those publications in New York to a third party facility during the third quarter of fiscal 2021. Restructuring charges in fiscal 2020 were for employee termination benefits.

Changes in restructuring program liabilities were as follows:


	For the three months ended September 30,
	2020				2019
	One time employee termination benefits		Other costs		Total		One time employee termination benefits		Facility related costs		Other costs		Total
	(in millions)
Balance, beginning of period	$	64	$	9	$	73	$	28	$	2	$	10	$	40
Additions	19		21		40		24		—		—		24
Payments	(48)		—		(48)		(29)		—		—		(29)
Other	(1)		—		(1)		(1)		(2)		—		(3)
Balance, end of period	$	34	$	30	$	64	$	22	$	—	$	10	$	32

As of September 30, 2020, restructuring liabilities of approximately $35 million were included in the Balance Sheet in Other current liabilities and $29 million were included in Other non-current liabilities.