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Restructuring, Severance and Related Charges
12 Months Ended
Aug. 31, 2022
Restructuring and Related Activities [Abstract]  
Restructuring, Severance and Related Charges Restructuring, Severance and Related Charges
Following is a summary of the Company’s restructuring, severance and related charges (in millions):
  Fiscal Year Ended August 31,
 
2022(1)
2021 2020
Employee severance and benefit costs $ 18  $ $ 94 
Lease costs —  (1)
Asset write-off costs —  33 
Other costs —  22 
Total restructuring, severance and related charges(2)(3)
$ 18  $ 10  $ 157 
(1)Recorded during the fiscal year ended August 31, 2022 for headcount reduction activities.
(2)As the Company continued to optimize its cost structure and improve operational efficiencies, $57 million of employee severance and benefit costs was incurred in connection with a reduction in the worldwide workforce during the fiscal year ended August 31, 2020. The remaining amount primarily relates to the 2020 Restructuring Plan, which was complete as of August 31, 2021.
(3)Includes $1 million, $0 million and $62 million recorded in the EMS segment, $10 million, $9 million and $76 million recorded in the DMS segment and $7 million, $1 million and $19 million of non-allocated charges for the fiscal years ended August 31, 2022, 2021 and 2020, respectively. Except for asset write-off costs, all restructuring, severance and related charges are cash costs.
2020 Restructuring Plan
On September 20, 2019, the Company’s Board of Directors formally approved a restructuring plan to realign the Company’s global capacity support infrastructure, particularly in the Company’s mobility footprint in China, in order to optimize organizational effectiveness. This action included headcount reductions and capacity realignment (the “2020 Restructuring Plan”).
The 2020 Restructuring Plan, totaling $86 million in restructuring and other related costs, was complete as of August 31, 2021.