Restructuring (Tables)

9 Months Ended

Oct. 03, 2021

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Reserve

The following table summarizes the severance related reserves and the associated restructuring expenses through the fiscal third quarter of 2021:

(Dollars in Millions)	Severance		Asset Write-offs	Other(2)	Total
Reserve balance, January 3, 2021	$	135	—	9	144
Current year activity:
Charges	—		38	295	333
Cash payments	(17)		—	(270)	(287)
Settled non cash	—		(38)		(38)
Reserve balance, October 3, 2021(1)	$	118	—	34	152

(1) Cash outlays for severance are expected to be substantially paid out over the next 18 months 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.