Restructuring charges incurred in the second quarter and first six months of fiscal 2020 were $48 million, related to U.S. retail operating model changes. Restructuring charges incurred in the second quarter and first six months of fiscal 2019 were $17 million and $47 million, respectively, related to Best Buy Mobile.

In the second quarter of fiscal 2020, we made changes primarily related to our U.S. retail operating model to increase organization effectiveness and create a more seamless customer experience across all channels. As a result, we incurred $48 million of charges related to termination benefits, including $10 million related to a voluntary early retirement offer. All charges incurred are from continuing operations and are presented in Restructuring charges on our Condensed Consolidated Statements of Earnings.

The following table summarizes our restructuring accrual activity during the first six months of fiscal 2020 related to U.S. retail operating model changes ($ in millions):


	Termination Benefits
Balance at February 2, 2019	$	-
Charges		48
Cash payments		(8)
Balance at August 3, 2019	$	40

On March 1, 2018, we announced our intent to close all of our 257 remaining Best Buy Mobile stand-alone stores in the U.S. This decision was a result of changing economics in the mobile industry since we began opening these stores in 2006, along with the integration of our mobile model into our core stores and online channel, which are more economically compelling today. All restructuring charges related to this plan are from continuing operations and are presented in Restructuring charges on our Condensed Consolidated Statements of Earnings.

Restructuring charges incurred for Best Buy Mobile were as follows ($ in millions):



	Three Months Ended ‎August 4, 2018		Six Months Ended ‎August 4, 2018		Cumulative Amount ‎as of August 3, 2019
Property and equipment impairments	$	-	$	-	$	1
Termination benefits		(3)		(2)		6
Facility closure and other costs		20		49		49
Total restructuring charges	$	17	$	47	$	56

The following table summarizes our restructuring accrual activity during the first six months of fiscal 2019 related to Best Buy Mobile ($ in millions):



	Termination Benefits		Facility Closures ‎and Other Costs		Total
Balances at February 3, 2018	$	8	$	-	$	8
Charges		1		49		50
Cash payments		(5)		(46)		(51)
Adjustments⁽¹⁾		(3)		(1)		(4)
Balances at August 4, 2018	$	1	$	2	$	3