In the first quarter of fiscal 2026, we incurred charges related to a restructuring plan previously approved by management in the fourth quarter of fiscal 2025 to redirect resources to the highest return activities and reduce costs. The activities under the plan were substantially completed by the end of the first quarter of fiscal 2026.

In the first quarter of fiscal 2025, management approved a restructuring plan to redirect resources to highest return activities and reduce costs. The activities under the plan were substantially completed by the end of fiscal 2025.

Activities related to our restructuring plans are summarized as follows (in millions):


	Three Months Ended
	July 25, 2025			July 26, 2024
Balance at beginning of period	$	51		$	10
Net charges		2			17
Cash payments		(37	)		(9	)
Balance at end of period	$	16		$	18