Restructuring (Tables)

12 Months Ended

Jan. 03, 2021

Restructuring and Related Activities [Abstract]

Summary of Severance Charges and Associated Spending

The following table summarizes the severance charges and the associated spending under these initiatives through the fiscal year ended 2020:

(Dollars in Millions)	Severance		Asset Write-offs/Sales		Other(2)		Total
Reserve balance, December 30, 2018	$	194	—		48		242
2019 activity	(30)		—		(32)		(62)
Reserve balance, December 29, 2019	164		—		16		180
Current year activity:
Charges	—		43		405		448
Cash settlements	(29)		24	(4)	(399)		(404)
Settled non cash	—		(67)		(13)	(3)	(80)
Reserve balance, January 3, 2021(1)	$	135	—		9		144

(1) Cash outlays for severance are expected to be substantially paid out over the next 2 years in accordance with the Company's plans and local laws.

(2) Other includes project expense such as salaries for employees supporting these initiatives and consulting expenses.

(3) Relates to pension related net actuarial losses associated with the transfer of employees to Jabil Inc. as part of the strategic collaboration.

(4) Represents gain on sale of an asset