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Restructuring Charges
6 Months Ended
Oct. 24, 2025
Restructuring and Related Activities [Abstract]  
Restructuring Charges

10. Restructuring Charges

In the first six months of fiscal 2026, we incurred charges related to a restructuring plan previously approved by management in the fourth quarter of fiscal 2025, as well as a restructuring plan approved by management in the second quarter of fiscal 2026 to redirect resources to the highest return activities and reduce costs. The activities under these plans are expected to be substantially complete by the end of fiscal 2026.

In the first six months of fiscal 2025, management approved restructuring plans to redirect resources to the highest return activities and reduce costs. The activities under these plans were substantially completed by the end of fiscal 2025.

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

 

 

Six Months Ended

 

 

 

October 24, 2025

 

 

October 25, 2024

 

Balance at beginning of period

 

$

51

 

 

$

10

 

Net charges

 

 

25

 

 

 

29

 

Cash payments

 

 

(44

)

 

 

(22

)

Balance at end of period

 

$

32

 

 

$

17