XML 30 R16.htm IDEA: XBRL DOCUMENT
v3.19.2

RESTRUCTURING ACTIVITIES | 12 Months Ended
--- | ---
May 31, 2019
Restructuring And Related Activities [Abstract] |
RESTRUCTURING ACTIVITIES |
8. | RESTRUCTURING ACTIVITIES
Fiscal 2019 Oracle Restructuring Plan During fiscal 2019, our management approved, committed to and initiated plans to restructure and further improve efficiencies in our operations due to our acquisitions and certain other operational activities (2019 Restructuring Plan). In the fourth quarter of fiscal 2019, our management supplemented the 2019 Restructuring Plan to reflect additional actions that we expect to take. The total estimated restructuring costs associated with the 2019 Restructuring Plan are up to $584 million and will be recorded to the restructuring expense line item within our consolidated statements of operations as they are incurred. We recorded $476 million of restructuring expenses in connection with the 2019 Restructuring Plan in fiscal 2019 and we expect to incur the majority of the estimated $108 million through the end of fiscal 2020. Any changes to the estimates of executing the 2019 Restructuring Plan will be reflected in our future results of operations. Fiscal 2017 Oracle Restructuring Plan During fiscal 2017, our management approved, committed to and initiated plans to restructure and further improve efficiencies in our operations due to our acquisitions and certain other operational activities (2017 Restructuring Plan). Restructuring costs associated with the 2017 Restructuring Plan were recorded to the restructuring expense line item within our consolidated statements of operations as they were incurred. We recorded $601 million and $486 million of restructuring expenses in connection with the 2017 Restructuring Plan in fiscal 2018 and 2017, respectively. Actions pursuant to the 2017 Restructuring Plan were substantially complete as of May 31, 2018. Summary of All Plans Fiscal 2019 Activity
|  | Accrued May 31, 2018(2) |  |  | Year Ended May 31, 2019 |  |  | Accrued May 31, 2019(2) |  |  | Total Costs Accrued to Date |  |  | Total Expected Program Costs |
(in millions) |  |  |  | Initial Costs(3) |  |  | Adj. to Cost(4) |  |  | Cash Payments |  |  | Others(5) |  |  |  |  |  |  |
Fiscal 2019 Oracle Restructuring Plan(1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cloud and license |  | $ | — |  |  | $ | 191 |  |  | $ | (4 | ) |  | $ | (113 | ) |  | $ | (2 | ) |  | $ | 72 |  |  | $ | 187 |  |  | $ | 245 |
Hardware |  |  | — |  |  |  | 53 |  |  |  | — |  |  |  | (35 | ) |  |  | — |  |  |  | 18 |  |  |  | 53 |  |  |  | 65 |
Services |  |  | — |  |  |  | 41 |  |  |  | 1 |  |  |  | (27 | ) |  |  | — |  |  |  | 15 |  |  |  | 42 |  |  |  | 72 |
Other(6) |  |  | — |  |  |  | 190 |  |  |  | 4 |  |  |  | (87 | ) |  |  | 1 |  |  |  | 108 |  |  |  | 194 |  |  |  | 202 |
Total Fiscal 2019 Oracle Restructuring Plan |  | $ | — |  |  | $ | 475 |  |  | $ | 1 |  |  | $ | (262 | ) |  | $ | (1 | ) |  | $ | 213 |  |  | $ | 476 |  |  | $ | 584 |
Total other restructuring plans(7) |  | $ | 282 |  |  | $ | 5 |  |  | $ | (58 | ) |  | $ | (181 | ) |  | $ | 1 |  |  | $ | 49 |  |  |  |  |  |  |  |  |
Total restructuring plans |  | $ | 282 |  |  | $ | 480 |  |  | $ | (57 | ) |  | $ | (443 | ) |  | $ | — |  |  | $ | 262 |  |  |  |  |  |  |  |  |
Fiscal 2018 Activity
|  | Accrued May 31, 2017 |  |  | Year Ended May 31, 2018 |  |  | Accrued May 31, 2018(2) |
(in millions) |  |  |  | Initial Costs(3) |  |  | Adj. to Cost(4) |  |  | Cash Payments |  |  | Others(5) |  |  |
Fiscal 2017 Oracle Restructuring Plan(1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cloud and license |  | $ | 85 |  |  | $ | 156 |  |  | $ | (12 | ) |  | $ | (150 | ) |  | $ | 3 |  |  | $ | 82 |
Hardware |  |  | 31 |  |  |  | 167 |  |  |  | (15 | ) |  |  | (122 | ) |  |  | — |  |  |  | 61 |
Services |  |  | 25 |  |  |  | 48 |  |  |  | (4 | ) |  |  | (54 | ) |  |  | 1 |  |  |  | 16 |
Other(6) |  |  | 44 |  |  |  | 267 |  |  |  | (6 | ) |  |  | (208 | ) |  |  | (7 | ) |  |  | 90 |
Total Fiscal 2017 Oracle Restructuring Plan |  | $ | 185 |  |  | $ | 638 |  |  | $ | (37 | ) |  | $ | (534 | ) |  | $ | (3 | ) |  | $ | 249 |
Total other restructuring plans(7) |  | $ | 79 |  |  | $ | 1 |  |  | $ | (14 | ) |  | $ | (37 | ) |  | $ | 4 |  |  | $ | 33 |
Total restructuring plans |  | $ | 264 |  |  | $ | 639 |  |  | $ | (51 | ) |  | $ | (571 | ) |  | $ | 1 |  |  | $ | 282 |
Fiscal 2017 Activity
|  | Accrued May 31, 2016 |  |  | Year Ended May 31, 2017 |  |  | Accrued May 31, 2017 |
(in millions) |  |  |  | Initial Costs(3) |  |  | Adj. to Cost(4) |  |  | Cash Payments |  |  | Others(5) |  |  |
Fiscal 2017 Oracle Restructuring Plan(1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cloud and license |  | $ | — |  |  | $ | 184 |  |  | $ | (6 | ) |  | $ | (100 | ) |  | $ | 7 |  |  | $ | 85 |
Hardware |  |  | — |  |  |  | 91 |  |  |  | (3 | ) |  |  | (57 | ) |  |  | — |  |  |  | 31 |
Services |  |  | — |  |  |  | 59 |  |  |  | (1 | ) |  |  | (34 | ) |  |  | 1 |  |  |  | 25 |
Other(6) |  |  | — |  |  |  | 166 |  |  |  | (4 | ) |  |  | (118 | ) |  |  | — |  |  |  | 44 |
Total Fiscal 2017 Oracle Restructuring Plan |  | $ | — |  |  | $ | 500 |  |  | $ | (14 | ) |  | $ | (309 | ) |  | $ | 8 |  |  | $ | 185 |
Total other restructuring plans(7) |  | $ | 283 |  |  | $ | 8 |  |  | $ | (31 | ) |  | $ | (169 | ) |  | $ | (12 | ) |  | $ | 79 |
Total restructuring plans |  | $ | 283 |  |  | $ | 508 |  |  | $ | (45 | ) |  | $ | (478 | ) |  | $ | (4 | ) |  | $ | 264 |
(1) | Restructuring costs recorded for individual line items primarily related to employee severance costs.
(2) | The balances at May 31, 2019 and 2018 included $239 million and $257 million, respectively, recorded in other current liabilities and $23 million and $25 million, respectively, recorded in other non-current liabilities.
(3) | Costs recorded for the respective restructuring plans during the periods presented.
(4) | All plan adjustments were changes in estimates whereby increases and decreases in costs were generally recorded to operating expenses in the period of adjustments.
(5) | Represents foreign currency translation and certain other adjustments.
(6) | Represents employee related severance costs for functions that are not included within our operating segments and certain facilities related restructuring costs.
(7) | Other restructuring plans presented in the tables above included condensed information for certain Oracle-based plans and other plans associated with certain of our acquisitions whereby we continued to make cash outlays to settle obligations under these plans during the periods presented but for which the periodic impact to our consolidated statements of operations was not significant.

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration