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Restructuring and Other Charges
12 Months Ended
Jul. 29, 2017
Restructuring Charges [Abstract]  
Restructuring and Other Charges
Restructuring and Other Charges
The Company began taking action under a restructuring plan in August 2016 (the "Fiscal 2017 Plan"), in order to reinvest in its key priority areas. The Company announced that up to 6,600 employees would be impacted, with estimated pretax charges of approximately $850 million. In connection with the Fiscal 2017 Plan, the Company incurred charges of $756 million during fiscal 2017. The Company's estimated aggregate pretax charges of approximately $850 million under the Fiscal 2017 Plan consist 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 the first quarter of fiscal 2018.
The Company announced a restructuring action in August 2014 (the “Fiscal 2015 Plan”), in order to realign its workforce towards key growth areas of its business such as data center, software, security, and cloud. In connection with this plan, the Company incurred cumulative charges of approximately $756 million. The Company completed the Fiscal 2015 Plan at the end of fiscal 2016.
The following table summarizes the activities related to the restructuring and other charges, as discussed above (in millions):
 
 
FISCAL 2015 AND
PRIOR YEAR PLANS
 
FISCAL 2017 PLAN
 
 
 
 
Employee
Severance
 
Other
 
Employee
Severance
 
Other
 
Total
Liability as of July 26, 2014
 
$
40

 
$
29

 
$

 
$

 
$
69

Charges
 
464

 
20

 

 

 
484

Cash payments
 
(442
)
 
(17
)
 

 

 
(459
)
Non-cash items
 
(2
)
 
(3
)
 

 

 
(5
)
Liability as of July 25, 2015
 
60

 
29

 

 

 
89

Charges
 
225

 
43

 

 

 
268

Cash payments
 
(264
)
 
(15
)
 

 

 
(279
)
Non-cash items
 

 
(33
)
 

 

 
(33
)
Liability as of July 30, 2016
 
21

 
24

 

 

 
45

Charges
 

 

 
625

 
131

 
756

Cash payments
 
(16
)
 
(8
)
 
(553
)
 
(29
)
 
(606
)
Non-cash items
 
(4
)
 
(9
)
 
1

 
(66
)
 
(78
)
Liability as of July 29, 2017
 
$
1

 
$
7

 
$
73

 
$
36

 
$
117


In addition to the above amounts, the Company incurred $2 million credit and $5 million of restructuring and other charges within cost of sales during fiscal 2016 and fiscal 2015, respectively.