XML 49 R38.htm IDEA: XBRL DOCUMENT v3.25.3
Subsequent Events (Tables)
 9 Months Ended
Sep. 28, 2025
Subsequent Events [Abstract]  
Restructuring and Other Impairment Charges
Restructuring charges, separation costs and impairment charges recognized for the three and nine months ended September 28, 2025 and September 29, 2024 consisted of the following:
Three Months Ended September 28, 2025
Termination Benefits
Other Costs (1)
Total
2024 Restructuring plan$— $6 $6 
2024 Footprint realignment plan1,451 124 1,575 
2023 Footprint realignment plan— 13 13 
Other restructuring programs (2)
— 2 2 
Restructuring charges1,451 145 1,596 
Asset impairment charges— 100,000 100,000 
Separation costs— 16,027 16,027 
Restructuring charges, separation costs and other impairment charges$1,451 $116,172 $117,623 
Three Months Ended September 29, 2024
Termination Benefits
Other Costs (1)
Total
2024 Footprint realignment plan$1,066 $27 $1,093 
2023 Restructuring plan(95)— (95)
2023 Footprint realignment plan301 — 301 
Other restructuring programs (3)
(1,018)4 (1,014)
Restructuring charges$254 $31 $285 
Nine Months Ended September 28, 2025
Termination Benefits
Other Costs (1)
Total
2024 Restructuring plan$161 $66 $227 
2024 Footprint realignment plan3,617 216 3,833 
2023 Footprint realignment plan330 15 345 
Other restructuring programs (2)
(143)27 (116)
Restructuring charges3,965 324 4,289 
Asset impairment charges— 108,117 108,117 
Separation costs— 32,144 32,144 
Restructuring charges, separation costs and other impairment charges
$3,965 $140,585 $144,550 
Nine Months Ended September 29, 2024
Termination Benefits
Other Costs (1)
Total
2024 Footprint realignment plan$9,638 $27 $9,665 
2023 Restructuring plan(914)82 (832)
2023 Footprint realignment plan1,044 3 1,047 
Other restructuring programs (3)
(1,225)34 (1,191)
Restructuring charges8,543 146 8,689 
Asset impairment charges— 2,110 2,110 
Restructuring and other impairment charges
$8,543 $2,256 $10,799 
(1) Other costs include facility closure, contract termination and other exit costs.
(2) Includes activity primarily related to our 2023 Restructuring plan and our Respiratory divestiture plan.
(3) Includes activity primarily related to our 2022 Restructuring plan, which has concluded.
The following table provides a summary of our estimates of restructuring and restructuring related charges by major type of expense associated with the VI Business Integration plan:
VI Business Integration plan
Plan expense estimates:(Dollars in millions)
Restructuring charges (1)
$26 million to $31 million
Restructuring related charges (2)
$10 million to $13 million
Total restructuring and restructuring related charges
$36 million to $44 million
(1)Substantially all of the charges consist of employee termination benefit costs.
(2)Restructuring related charges represent costs that are directly related to the program and principally constitute costs to transfer manufacturing operations to existing lower-cost locations and project management costs. The majority of these charges are expected to be recognized within cost of goods sold.