Restructuring and Other Charges

3 Months Ended

Oct. 26, 2019

We initiated a restructuring plan during fiscal 2018 (the “Fiscal 2018 Plan”) in order to realign the organization and enable further investment in key priority areas with estimated pretax charges of approximately $600 million. These aggregate pretax charges are primarily cash-based and consist of employee severance and other one-time termination benefits, and other associated costs. In connection with the Fiscal 2018 Plan, we have incurred charges of $184 million for the first quarter of fiscal 2020, and have incurred cumulative charges of $614 million. We do not expect to incur significant charges under the Fiscal 2018 Plan in the future and expect this plan to be substantially completed in the first half of fiscal 2020.

The following tables summarize the activities related to the restructuring and other charges (in millions):



	FISCAL 2017 AND PRIOR PLANS					FISCAL 2018 PLAN
	Employee Severance		Other			Employee Severance			Other			Total
Liability as of July 27, 2019	$	—	$	5		$	22		$	6		$	33
Charges	—		—			175			9			184
Cash payments	—		—			(154		)	(1		)	(155		)
Non-cash items	—		(2		)	—			(13		)	(15		)
Liability as of October 26, 2019	$	—	$	3		$	43		$	1		$	47



	FISCAL 2017 AND PRIOR PLANS						FISCAL 2018 PLAN
	Employee Severance			Other			Employee Severance			Other			Total
Liability as of July 28, 2018	$	41		$	13		$	19		$	—		$	73
Charges	—			—			54			24			78
Cash payments	(10		)	(1		)	(52		)	(1		)	(64		)
Non-cash items	—			—			—			(23		)	(23		)
Liability as of October 27, 2018	$	31		$	12		$	21		$	—		$	64