Annual report pursuant to Section 13 and 15(d)

Restructuring and Other Charges

v3.21.4
Restructuring and Other Charges
12 Months Ended
Dec. 25, 2021
Restructuring Costs and Asset Impairment Charges [Abstract]  
Restructuring and Other Charges [Text Block]
Note 7 : Restructuring and Other Charges
Restructuring and other charges (benefits) by type are as follows:
Years Ended (In Millions) Dec 25, 2021 Dec 26, 2020
Employee severance and benefit arrangements $ 48  $ 124 
Litigation charges and other 2,291  67 
Asset impairment charges 287 
Total restructuring and other charges $ 2,626  $ 198 
A restructuring program 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 were substantially complete as of September 25, 2021.
Litigation charges and other includes a charge of $2.2 billion in the first quarter of 2021 related to the VLSI Technology LLC (VLSI) litigation, which is recorded as a Corporate charge in the "all other" category presented in "Note 3: Operating Segments" within Notes to Consolidated Financial Statements. Refer to "Note 19: Commitments and Contingencies" within Notes to Consolidated Financial Statements for further information on legal proceedings related to the VLSI litigation.
Asset impairment charges includes impairments related to the shutdown in the second quarter of 2021 of two of our non-strategic businesses, the results of which are included in the "all other" category presented in "Note 3: Operating Segments" within Notes to Consolidated Financial Statements. The goodwill related to these businesses was impaired, resulting in a charge of $238 million recognized in the second quarter of 2021 in the "all other" category along with other impairment charges related to these businesses.