XML 38 R22.htm IDEA: XBRL DOCUMENT v3.21.2
Employee Termination, Asset Impairment and Other Charges
 3 Months Ended
Oct. 01, 2021
Postemployment Benefits [Abstract]  
Employee Termination, Asset Impairment and Other Charges Employee Termination, Asset Impairment and Other Charges
The Company recorded the following charges related to employee termination benefits, asset impairment, and other charges:
Three Months Ended
October 1,
2021		October 2,
2020
(in millions)
Employee termination and other charges:
Business Realignment$15 $23 
Total employee termination and other charges15 23 
Asset impairment:
Business Realignment3 — 
Total employee termination, asset impairment, and other charges$18 $23 

Business Realignment

The Company periodically incurs charges as part of the integration process of recent acquisitions and to realign its operations with anticipated market demand, primarily consisting of organization rationalization designed to streamline its business, reduce its cost structure and focus its resources.

The following table presents an analysis of the components of these activities against the reserve during the three months ended October 1, 2021:
Employee Termination Benefits
(in millions)
Accrual balance at July 2, 2021$2 
Charges15 
Cash payments(4)
Accrual balance at October 1, 2021$13