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Restructuring and impairment charges (Tables) | 6 Months Ended
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Jul. 02, 2023
Restructuring and Related Activities [Abstract] |
Summary Of Current Cost Estimates By Major Type Of Cost Table | The following table provides a summary of our cost estimates by major type of expense associated with the Respiratory divestiture plan:
| Total estimated amount expected to be incurred
Plan expense estimates: | (Dollars in millions)
Restructuring charges (1) | $5 million to $8 million
Restructuring related charges (2) | $19 million to $22 million
Total restructuring and restructuring related charges | $24 million to $30 million
(1) Substantially all of the charges consist of employee termination benefit costs. (2)Consist of charges that are directly related to the Respiratory divestiture plan and principally constitute costs to transfer manufacturing operations to other locations and project management costs. Substantially all of the charges are expected to be recognized within costs of goods sold.
Restructuring and Other Impairment Charges | Restructuring and impairment charges recognized for the three and six months ended July 2, 2023 and June 26, 2022 consisted of the following:
Three Months Ended July 2, 2023 |  |  |  |  |
| Termination Benefits |  | Other Costs (1) |  | Total
2022 Restructuring plan | $ | 984 |  |  | $ | 138 |  |  | $ | 1,122 |
Respiratory divestiture plan | 127 |  |  | — |  |  | 127 |
Other restructuring programs (2) | 73 |  |  | 186 |  |  | 259 |
Restructuring charges | $ | 1,184 |  |  | $ | 324 |  |  | $ | 1,508 |
Three Months Ended June 26, 2022 |  |  |  |  |
| Termination Benefits |  | Other Costs (1) |  | Total
Respiratory divestiture plan | $ | 129 |  |  | $ | 31 |  |  | $ | 160 |
2019 Footprint realignment plan | (400) |  |  | 21 |  |  | (379) |
2018 Footprint realignment plan | 153 |  |  | 233 |  |  | 386 |
Other restructuring programs (3) | (406) |  |  | 156 |  |  | (250) |
Restructuring charges | $ | (524) |  |  | $ | 441 |  |  | $ | (83) |
Six Months Ended July 2, 2023 |  |  |  |  |
| Termination Benefits |  | Other Costs (1) |  | Total
2022 Restructuring plan | $ | 3,117 |  |  | $ | 211 |  |  | $ | 3,328 |
Respiratory divestiture plan | 255 |  |  | 12 |  |  | 267 |
Other restructuring programs (2) | (241) |  |  | 375 |  |  | 134 |
Restructuring charges | $ | 3,131 |  |  | $ | 598 |  |  | $ | 3,729 |
Six Months Ended June 26, 2022 |  |  |  |  |
| Termination Benefits |  | Other Costs (1) |  | Total
Respiratory divestiture plan | $ | 235 |  |  | $ | 45 |  |  | $ | 280 |
2019 Footprint realignment plan | (1,070) |  |  | 45 |  |  | (1,025) |
2018 Footprint realignment plan | 311 |  |  | 295 |  |  | 606 |
Other restructuring programs (3) | 726 |  |  | 238 |  |  | 964 |
Restructuring charges | 202 |  |  | 623 |  |  | 825 |
Asset impairment charges | — |  |  | 1,497 |  |  | 1,497 |
Restructuring and impairment charges | $ | 202 |  |  | $ | 2,120 |  |  | $ | 2,322 |
(1) Other costs include facility closure, contract termination and other exit costs. (2) Includes activity primarily related to our 2014, 2018, and 2019 Footprint realignment plans. (3) Includes activity primarily related to a restructuring plan initiated in the first quarter of 2022 that is designed to relocate manufacturing operations at certain of our facilities, the 2021 Restructuring plan and the 2014 Footprint realignment plan.

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- Definition Summary of current cost estimates by major type of cost. + References No definition available. + Details
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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
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