Restructuring and Employee Severance

9 Months Ended

Mar. 31, 2022

3. Restructuring and Employee Severance

The following table summarizes restructuring and employee severance:


	Three Months Ended March 31,
(in millions)	2022		2021
Employee-related	$	12	$	13
Facility exit and other	19		11
Total restructuring and employee severance	$	31	$	24


	Nine Months Ended March 31,
(in millions)	2022		2021
Employee-related	$	22	$	45
Facility exit and other	34		36
Total restructuring and employee severance	$	56	$	81

Employee-related costs primarily consist of termination benefits provided to employees who have been involuntarily terminated, duplicate payroll costs and retention bonuses incurred during transition periods. Facility exit and other costs primarily consist of accelerated depreciation, lease costs associated with vacant facilities, professional, project management and other service fees to support divestitures, vendor transition fees, project consulting fees, and certain other divestiture-related costs.

Restructuring costs during both the three and nine months ended March 31, 2022 and 2021 were primarily related to the implementation of certain enterprise-wide cost-savings measures, which includes facility exit costs related to decreasing our overall office space, and the divestiture of the Cordis business.

The following table summarizes activity related to liabilities associated with restructuring and employee severance:


(in millions)	Employee- Related Costs		Facility Exit and Other Costs		Total
Balance at June 30, 2021	$	53	$	26	$	79
Additions	34		1		35
Payments and other adjustments	(38)		(10)		(48)
Balance at March 31, 2022	$	49	$	17	$	66