XML 32 R16.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Restructuring and Other Charges | 12 Months Ended
--- | ---
Jul. 30, 2022
Restructuring Charges [Abstract] |
Restructuring and Other Charges | Restructuring and Other Charges We initiated a restructuring plan in fiscal 2021 (the “Fiscal 2021 Plan”), which included a voluntary early retirement program, in order to realign the organization and enable further investment in key priority areas. The total pretax charges were estimated to be approximately $900 million. In connection with the Fiscal 2021 Plan, we incurred cumulative charges of $892 million and completed the Fiscal 2021 Plan in fiscal 2022. We initiated a restructuring plan in fiscal 2020 (the “Fiscal 2020 Plan”) in order to realign the organization and enable further investment in key priority areas. In connection with the Fiscal 2020 Plan, we incurred cumulative charges of $254 million. We completed the Fiscal 2020 Plan in fiscal 2021. The aggregate pretax charges related to these plans are primarily cash-based and consist of severance and other one-time termination benefits, and other costs. The following table summarizes the activities related to the restructuring and other charges, as discussed above (in millions):
|  | FISCAL 2020 AND PRIOR PLANS |  | FISCAL 2021 PLAN |  |
|  | Employee Severance |  | Other |  | Employee Severance |  | Other |  | Total
Liability as of July 27, 2019 |  | $ | 22 |  |  | $ | 11 |  |  | $ | — |  |  | $ | — |  |  | $ | 33 |
Charges |  | 353 |  |  | 128 |  |  | — |  |  | — |  |  | 481 |
Cash payments |  | (317) |  |  | (10) |  |  | — |  |  | — |  |  | (327) |
Non-cash items |  | — |  |  | (115) |  |  | — |  |  | — |  |  | (115) |
Liability as of July 25, 2020 |  | 58 |  |  | 14 |  |  | — |  |  | — |  |  | 72 |
Charges |  | — |  |  | 5 |  |  | 836 |  |  | 45 |  |  | 886 |
Cash payments |  | (58) |  |  | (6) |  |  | (821) |  |  | (5) |  |  | (890) |
Non-cash items |  | — |  |  | (3) |  |  | 1 |  |  | (32) |  |  | (34) |
Liability as of July 31, 2021 |  | — |  |  | 10 |  |  | 16 |  |  | 8 |  |  | 34 |
Charges |  | — |  |  | (6) |  |  | 9 |  |  | 3 |  |  | 6 |
Cash payments |  | — |  |  | (1) |  |  | (23) |  |  | (1) |  |  | (25) |
Non-cash items |  | — |  |  | — |  |  | — |  |  | (6) |  |  | (6) |
Liability as of July 30, 2022 |  | $ | — |  |  | $ | 3 |  |  | $ | 2 |  |  | $ | 4 |  |  | $ | 9 |

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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI https://asc.fasb.org/topic&trid=2175745 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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