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Restructuring and Other Charges
 12 Months Ended
Jul. 26, 2014
Restructuring Charges [Abstract]  
Restructuring and Other Charges
5.
Restructuring and Other Charges
Fiscal 2014 Plan and Fiscal 2011 Plans
In August 2013, the Company announced a workforce reduction plan that would impact up to 4,000 employees, or 5% of the Company’s global workforce. In connection with this restructuring action, the Company incurred charges of $418 million during fiscal 2014 (included as part of the charges discussed below). The Company has completed the Fiscal 2014 restructuring and does not expect any remaining charges related to this action.
The Fiscal 2011 Plans consist primarily of the realignment and restructuring of the Company’s business announced in July 2011 and of certain consumer product lines as announced during April 2011. The Company completed the Fiscal 2011 Plans at the end of fiscal 2013. The Company incurred cumulative charges of approximately $1.1 billion in connection with these plans.
As part of the Fiscal 2011 Plans, other charges incurred during fiscal 2012 were primarily for the consolidation of excess facilities, as well as an incremental charge related to the sale of the Company’s Juarez, Mexico manufacturing operations, which sale was completed in the first quarter of fiscal 2012.
The following table summarizes the activities related to the restructuring and other charges pursuant to the Company’s Fiscal 2014 Plan and the Fiscal 2011 Plans related to the realignment and restructuring of the Company’s business (in millions):
 
 
Fiscal 2011 Plans
 
Fiscal 2014 Plan
 
 
 
 
Voluntary Early Retirement 
Program
 
Employee
Severance
 
Other
 
Employee
Severance
 
Other
 
Total
Liability as of July 30, 2011
 
$
17

 
$
234

 
$
11

 
$
—

 
$
—

 
$
262

Gross charges in fiscal 2012
 
—

 
299

 
54

 
—

 
—

 
353

Change in estimate related to fiscal 2011 charges
 
—

 
(49
)
 
—

 
—

 
—

 
(49
)
Cash payments
 
(17
)
 
(401
)
 
(18
)
 
—

 
—

 
(436
)
Non-cash items
 
—

 
—

 
(20
)
 
—

 
—

 
(20
)
Liability as of July 28, 2012
 
—

 
83

 
27

 
—

 
—

 
110

Gross charges in fiscal 2013
 
—

 
111

 
(6
)
 
—

 
—

 
105

Cash payments
 
—

 
(173
)
 
(11
)
 
—

 
—

 
(184
)
Non-cash items
 
—

 
—

 
(3
)
 
—

 
—

 
(3
)
Liability as of July 27, 2013
 
—

 
21

 
7

 
—

 
—

 
28

Gross charges in fiscal 2014
 
—

 
—

 
—

 
366

 
52

 
418

Cash payments
 
—

 
(19
)
 
(3
)
 
(326
)
 
(4
)
 
(352
)
Non-cash items
 
—

 
(2
)
 
(1
)
 
—

 
(22
)
 
(25
)
Liability as of July 26, 2014
 
$
—

 
$
—

 
$
3

 
$
40

 
$
26

 
$
69


Fiscal 2015 Plan
In August 2014 the Company announced a restructuring plan that will impact up to 6,000 employees, representing approximately 8% of its global workforce. The Company expects to take action under this plan beginning in the first quarter of fiscal 2015. The Company currently estimates that it will recognize pre-tax charges in an amount not expected to exceed $700 million, consisting of severance and other one-time termination benefits and other associated costs. These charges are primarily cash-based. The Company expects that approximately $250 million to $350 million of these charges will be recognized during the first quarter of fiscal 2015, with the remaining amount to be recognized during the rest of fiscal 2015.