Annual report pursuant to Section 13 and 15(d)

Restructuring and Other Charges

v3.20.4
Restructuring and Other Charges
12 Months Ended
Dec. 26, 2020
Restructuring Costs and Asset Impairment Charges [Abstract]  
Restructuring and Other Charges [Text Block]
Note 7 : Restructuring and Other Charges
Years Ended (In Millions) Dec 26, 2020 Dec 28, 2019 Dec 29, 2018
2020 Restructuring Program $ 198  $ —  $ — 
2019 Restructuring Program —  393  — 
2016 Restructuring Program —  —  (72)
Total restructuring and other charges $ 198  $ 393  $ (72)
2020 and 2019 Restructuring Programs
A restructuring program, which is ongoing, was approved in the first quarter of 2020 to further align our workforce with our continuing investments in the business and to execute the planned divestiture of Home Gateway Platform, a division of CCG. These actions are expected to be substantially completed in 2021.
A restructuring program was approved in the second quarter of 2019 to align our workforce with our exit of the 5G smartphone modem business. This action was substantially completed in the third quarter of 2020.    
Restructuring and other charges (benefits) by type for the 2020 and 2019 Restructuring Programs were as follows:
Years Ended (In Millions) Dec 26, 2020 Dec 28, 2019
Employee severance and benefit arrangements $ 124  $ 280 
Asset impairment and other charges 74  113 
Total restructuring and other charges $ 198  $ 393