Restructuring and Employee Severance

12 Months Ended

Jun. 30, 2022

3. Restructuring and Employee Severance

The following tables summarize restructuring and employee severance costs:


(in millions)	2022		2021		2020
Employee-related costs	$	35	$	53	$	66
Facility exit and other costs	66		61		56
Total restructuring and employee severance	$	101	$	114	$	122

Employee-related costs primarily consist of termination benefits provided to employees who have been involuntarily terminated, duplicate payroll costs and retention bonuses incurred during transition periods. Facility exit and other costs primarily consist of accelerated depreciation, lease costs associated with vacant facilities, professional, project management and other service fees to support divestitures, vendor transition fees, project consulting fees, and certain other divestiture-related costs.

In fiscal 2022 and 2021, restructuring costs were primarily related to the implementation of certain enterprise-wide cost-savings measures, which includes facility exit costs related to decreasing our overall office space, and the divestiture of the Cordis business. In fiscal 2020, restructuring costs were primarily related to the implementation of certain enterprise-wide cost-savings measures.

The following table summarizes activity related to liabilities associated with restructuring and employee severance:


(in millions)	Employee- Related Costs		Facility Exit and Other Costs		Total
Balance at June 30, 2020	$	68	$	28	$	96
Additions	49		26		75
Payments and other adjustments	(64)		(28)		(92)
Balance at June 30, 2021	53		26		79
Additions	49		10		59
Payments and other adjustments	(46)		(26)		(72)
Balance at June 30, 2022	$	56	$	10	$	66