Restructuring Charges (Tables)

3 Months Ended

Jun. 27, 2015

A summary of the restructuring and non-cash charges recorded in connection with the Global Reorganization Plan is as follows:



	Three Months Ended
	June 27, 2015
	(millions)
Restructuring charges:
Severance and benefit costs	$	32
Lease termination and store closure costs	1
Other cash charges	1
Total restructuring charges	34
Non-cash charges:
Impairment of assets^(a)	8
Inventory-related charges^(b)	3
Total non-cash charges	11
Total restructuring and non-cash charges	$	45


^(a)	See Note 8 for additional information.


^(b)	Inventory-related charges are recorded within cost of goods sold in the unaudited interim consolidated statements of income.

A summary of the activity in the restructuring reserve related to the Global Reorganization Plan is as follows:



	Severance and Benefit Costs			Lease Termination and Store Closure Costs		Other Costs		Total
	(millions)
Balance at March 28, 2015	$	—		$	—	$	—	$	—
Additions charged to expense	32			1		1		34
Cash payments charged against reserve	(3		)	—		—		(3		)
Balance at June 27, 2015	$	29		$	1	$	1	$	31