In light of ongoing changes in business trends, during the second quarter of fiscal 2023, we commenced an enterprise-wide initiative to better align our spending with critical strategies and operations, as well as to optimize our cost structure. We do not expect to incur material future restructuring charges related to this initiative.

All charges incurred related to this initiative were comprised of employee termination benefits from continuing operations and were presented within Restructuring charges on our Condensed Consolidated Statements of Earnings as follows ($ in millions):



	July 29, 2023				July 30, 2022				Cumulative Amount
	Three Months Ended		Six Months Ended		Three Months Ended		Six Months Ended		As of July 29, 2023
Domestic	$	(7)	$	(15)	$	34	$	34	$	125
International		-		(1)		-		-		4
Total	$	(7)	$	(16)	$	34	$	34	$	129

Restructuring accrual activity related to this initiative was as follows ($ in millions):



	Termination Benefits
	Domestic		International		Total
Balances at January 29, 2022	$	-	$	-	$	-
Charges		34		-		34
Cash payments		(1)		-		(1)
Balances at July 30, 2022	$	33	$	-	$	33

Balances at January 28, 2023	$	102	$	5	$	107
Cash payments		(44)		(2)		(46)
Adjustments⁽¹⁾		(15)		(1)		(16)
Balances at July 29, 2023	$	43	$	2	$	45

(1)Represents adjustments primarily related to higher-than-expected employee retention from previously planned organizational changes.