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Restructuring and Other Charges
 3 Months Ended
Mar. 28, 2020
Restructuring and Related Activities [Abstract]  
RESTRUCTURING AND OTHER CHARGES RESTRUCTURING AND OTHER CHARGES
Cadence has initiated restructuring plans in an effort to better align its resources with its business strategy. These restructuring plans have primarily been comprised of severance payments and termination benefits related to headcount reductions, estimated lease losses related to facilities vacated and charges related to abandoned assets. During the three months ended March 28, 2020, Cadence revised certain estimates made in connection with its prior restructuring plans and recorded credits of approximately $1.1 million.
The following table presents activity relating to Cadence’s restructuring plans during the three months ended March 28, 2020:
 
Severance
and
Benefits
 
Excess
Facilities
 
Total
 
(In thousands)
Balance, December 28, 2019
$
9,229

 
$
409

 
$
9,638

Restructuring and other credits
(1,032
)
 
(35
)
 
(1,067
)
Cash payments
(4,872
)
 
(56
)
 
(4,928
)
Effect of foreign currency translation
(83
)
 
(3
)
 
(86
)
Balance, March 28, 2020
$
3,242

 
$
315

 
$
3,557


The remaining liability for Cadence’s restructuring plans is recorded in the condensed consolidated balance sheet as follows:
 
As of
 
March 28, 2020
 
(In thousands)
Accounts payable and accrued liabilities
$
3,479

Other long-term liabilities
78

Total restructuring liabilities
$
3,557


All liabilities for severance and related benefits under Cadence’s restructuring plans are included in accounts payable and accrued liabilities on Cadence’s condensed consolidated balance sheet as of March 28, 2020. Restructuring liabilities included in other long-term liabilities represent liabilities from vacated facilities, and Cadence expects to make cash payments to settle these liabilities through fiscal 2022.