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MERGER, RESTRUCTURING, AND OTHER ACCRUALS (Tables)

12 Months Ended

Dec. 26, 2015

Summary of Major Components of Merger, Restructuring and Other Operating Expenses, Net

The table below summarizes the major components of Merger, restructuring and other operating expenses, net.

(In millions)		2015				2014				2013
Merger related expenses:
Severance, retention, and relocation		$	15			$	148			$	92
Transaction and integration			81				124				80
Facility closure, contract termination, and other expenses, net			44				60				8
Total Merger related expenses			140				332				180
International restructuring and certain other expenses:
Severance and retention			63				55				17
Integration			6				9				—
Other related expenses			12				7				4
Total International restructuring and certain other expenses			81				71				21
Staples Acquisition expenses:
Retention			72				—				—
Transaction			39				—				—
Total Staples Acquisition expenses			111				—				—
Total Merger, restructuring and other operating expenses, net		$	332			$	403			$	201

Facility Closure and Severance Costs

The activity in the merger and restructuring accruals in 2015 and 2014 is presented in the table below.

(In millions)		Beginning Balance				Charges Incurred				Cash Payments				Currency, Lease Accretion, and Other Adjustments				Ending Balance
2015
Termination benefits:
Merger-related accruals		$	31			$	16			$	(31	)		$	—			$	16
European Restructuring Plan			26				53				(32	)			(5	)			42
Other restructuring accruals			8				7				(14	)			—				1
Lease and contract obligations, accruals for facilities closures and other costs:
Merger-related accruals			71				76				(70	)			—				77
European Restructuring Plan			—				10				(10	)			1				1
Other restructuring accruals			35				4				(17	)			3				25
Acquired entity accruals			36				3				(15	)			1				25
Staples acquisition related accruals			—				72				—				—				72
Total merger and restructuring accruals		$	207			$	241			$	(189	)		$	—			$	259
2014
Termination benefits:
Merger-related accruals		$	23			$	99			$	(91	)		$	—			$	31
European Restructuring Plan			—				26				—				—				26
Other restructuring accruals			5				23				(21	)			1				8
Acquired entity accruals			4				—				(2	)			(2	)			—
Lease and contract obligations, accruals for facilities closures and other costs:
Merger-related accruals			25				111				(65	)			—				71
European Restructuring Plan			—				2				(2	)			—				—
Other restructuring accruals			62				5				(33	)			1				35
Acquired entity accruals			59				—				(25	)			2				36
Total merger and restructuring accruals		$	178			$	266			$	(239	)		$	2			$	207

X

- 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://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 5.P.4)
-URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 5.P.3)
-URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140864-122747

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X

- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 5.P.4(b)(2))
-URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747

+ Details

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