Restructuring (Tables)

12 Months Ended

Jan. 02, 2022

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 2021:

(Dollars in Millions)	Severance		Asset Write-offs/Sales	Other(2)	Total
Reserve balance, December 29, 2019	$	164	—	16	180
2020 activity	(29)		—	(7)	(36)
Reserve balance, January 3, 2021	135		—	9	144
Current year activity:
Charges	—		53	420	473
Cash settlements	(23)			(404)	(427)
Settled non cash	—		(53)		(53)
Reserve balance, January 2, 2022(1)	$	112	—	25	137

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