Annual report pursuant to Section 13 and 15(d)

Restructuring and Other Charges

v3.10.0.1
Restructuring and Other Charges
12 Months Ended
Dec. 29, 2018
Restructuring Costs and Asset Impairment Charges [Abstract]  
Restructuring and Other Charges [Text Block]
NOTE 8 :
RESTRUCTURING AND OTHER CHARGES
Years Ended
(In Millions)
 
Dec 29,
2018
 
Dec 30,
2017
 
Dec 31,
2016
2016 Restructuring Program
 
$
(72
)
 
$
135

 
$
1,681

ISecG separation costs and other charges
 

 
249

 
63

Total restructuring and other charges
 
$
(72
)
 
$
384

 
$
1,744


2016 RESTRUCTURING PROGRAM
In the second quarter of 2016, management approved and commenced the 2016 Restructuring Program to accelerate our transformation from a PC company to one that powers the cloud and billions of smart, connected computing devices. Under this program, we closed certain facilities and reduced headcount globally to align our operations with evolving business needs by investing in our growth businesses and improving efficiencies. This program was completed in 2017.
Restructuring and other charges (benefits) by type for the 2016 Restructuring Program were as follows:
Years Ended
(In Millions)
 
Dec 29,
2018
 
Dec 30,
2017
 
Dec 31,
2016
Employee severance and benefit arrangements
 
$
(72
)
 
$
70

 
$
1,652

Pension settlement charges
 

 
25

 

Asset impairment and other charges
 

 
40

 
29

Total restructuring and other charges
 
$
(72
)
 
$
135

 
$
1,681