Restructuring and Other Charges

3 Months Ended

Feb. 02, 2025

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure

Restructuring and Other Charges

The following table summarizes the significant activities within, and components of, the restructuring liabilities during the fiscal quarter ended February 2, 2025:

	Employee Termination Costs		Lease and Impairment Costs		Total
	(In millions)
Balance as of November 3, 2024	$	119	$	—	$	119
Restructuring charges	105		81		186
Utilization	(163)		(81)		(244)
Balance as of February 2, 2025	$	61	$	—	$	61

In connection with the acquisition of VMware, we initiated restructuring activities to integrate the acquired business, align our workforce and improve efficiencies in our operations. We recognized $105 million and $673 million of restructuring charges related to employee termination costs and $81 million and $39 million of impairment charges primarily related to lease assets and property, plant and equipment for the fiscal quarters ended February 2, 2025 and February 4, 2024, respectively. We expect these restructuring activities to be substantially completed by the end of fiscal year 2025. These charges were recognized primarily in operating expenses.