XML 53 R36.htm IDEA: XBRL DOCUMENT
v3.20.2

Employee Termination, Asset Impairment and Other Charges (Tables) | 12 Months Ended
--- | ---
Jul. 03, 2020
Postemployment Benefits [Abstract] |
Schedule of Restructuring Reserve by Type of Cost | The Company recorded the following charges related to employee terminations benefits, asset impairment, and other charges:
|  |  |  |  | 2020 |  | 2019 |  | 2018
|  |  |  |  | (in millions) |  |  |  |
Employee termination and other charges: |  |  |  |  |  |  |  |  |
Closure of Foreign Manufacturing Facilities |  |  |  |  | $ | 5 |  |  | $ | 22 |  |  | $ | 56 |
Business Realignment |  |  |  |  | 44 |  |  | 144 |  |  | 50 |
Restructuring Plan 2016 |  |  |  |  | — |  |  | — |  |  | 92 |
Total employee termination and other charges |  |  |  |  | 49 |  |  | 166 |  |  | 198 |
Asset impairment: |  |  |  |  |  |  |  |  |
Restructuring Plan 2016 |  |  |  |  | — |  |  | — |  |  | 16 |
Total asset impairment |  |  |  |  | — |  |  | — |  |  | 16 |
Stock-based compensation accelerations and adjustments: |  |  |  |  |  |  |  |  |
Business Realignment |  |  |  |  | — |  |  | — |  |  | 1 |
Total stock-based compensation accelerations and adjustments |  |  |  |  | — |  |  | — |  |  | 1 |
Gain on disposition of assets: |  |  |  |  |  |  |  |  |
Business Realignment |  |  |  |  | (17) |  |  | — |  |  | — |
Total gain on disposition of assets |  |  |  |  | (17) |  |  | — |  |  | — |
Total employee termination, asset impairment, and other charges |  |  |  |  | $ | 32 |  |  | $ | 166 |  |  | $ | 215 |
The following table presents an analysis of the components of the restructuring charges, payments and adjustments made against the reserve during the year ended July 3, 2020:
| Employee Termination Benefits |  | Contract Termination and Other |  | Total
| (in millions) |  |  |  |
Accrual balance at June 28, 2019 | $ | 30 |  |  | $ | 2 |  |  | $ | 32 |
Charges | 3 |  |  | 2 |  |  | 5 |
Cash payments | (26) |  |  | (4) |  |  | (30) |
Accrual balance at July 3, 2020 | $ | 7 |  |  | $ | — |  |  | $ | 7 |
The following table presents an analysis of the components of the activity against the reserve during the year ended July 3, 2020:
| Employee Termination Benefits |  | Contract Termination and Other |  | Total
| (in millions) |  |  |  |
Accrual balance at June 28, 2019 | $ | 37 |  |  | $ | 8 |  |  | $ | 45 |
Charges | 38 |  |  | 6 |  |  | 44 |
Cash payments | (62) |  |  | (14) |  |  | (76) |
Accrual balance at July 3, 2020 | $ | 13 |  |  | $ | — |  |  | $ | 13 |

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

X
- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
Name: | us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration