Quarterly report pursuant to Section 13 or 15(d)

Restructuring and Other Charges (Tables)

v3.23.2
Restructuring and Other Charges (Tables)
6 Months Ended
Jul. 01, 2023
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Other Charges
Three Months Ended Six Months Ended
(In Millions) Jul 1, 2023 Jul 2, 2022 Jul 1, 2023 Jul 2, 2022
Employee severance and benefit arrangements $ 171  $ 38  $ 132  $ 43 
Litigation charges and other 20  13  97  (1,203)
Asset impairment charges 36  35  36 
Total restructuring and other charges $ 200  $ 87  $ 264  $ (1,124)
Schedule of Accrued Restructuring
Restructuring activity for the 2022 Restructuring Program during the first six months of 2023 was as follows:
(In Millions)
Accrued restructuring balance as of December 31, 2022 $ 873 
Additional accruals 101 
Adjustments 26 
Cash payments (742)
Accrued restructuring balance as of July 1, 2023 $ 258