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Restructuring and Other Charges
3 Months Ended
Oct. 29, 2016
Restructuring Charges [Abstract]  
Restructuring and Other Charges
Restructuring and Other Charges
In August 2016, the Company announced a restructuring plan (the "Fiscal 2017 Plan") that will impact up to 5,500 employees, representing approximately 7% of its global workforce. The Company's aggregate pretax estimated charges pursuant to the restructuring plan are expected to be up to $700 million, consisting primarily of severance and other one-time termination benefits, and other associated costs. These charges are primarily cash-based, and the Company expects the Fiscal 2017 Plan to be substantially completed by the end of fiscal 2017.
In connection with a restructuring action announced in August 2014 (the “Fiscal 2015 Plan”), the Company incurred cumulative charges of approximately $756 million. The Company completed the Fiscal 2015 Plan in fiscal 2016.
The following tables summarize the activities related to the restructuring and other charges (in millions):
 
 
FISCAL 2015 AND PRIOR PLANS
 
FISCAL 2017 PLAN
 
 
 
 
Employee
Severance
 
Other
 
Employee
Severance
 
Other
 
Total
Liability as of July 30, 2016
 
$
21

 
$
24

 
$

 
$

 
$
45

Charges
 

 

 
369

 
42

 
411

Cash payments
 
(12
)
 

 
(257
)
 
(1
)
 
(270
)
Non-cash items
 
(4
)
 
(2
)
 

 
(41
)
 
(47
)
Liability as of October 29, 2016
 
$
5

 
$
22

 
$
112

 
$

 
$
139


 
 
FISCAL 2015 AND PRIOR PLANS
 
 
 
 
Employee
Severance
 
Other
 
Total
Liability as of July 25, 2015
 
$
60

 
$
29

 
$
89

Charges
 
125

 
17

 
142

Cash payments
 
(123
)
 
(6
)
 
(129
)
Non-cash items
 

 
(16
)
 
(16
)
Liability as of October 24, 2015
 
$
62

 
$
24

 
$
86