In the second quarter of fiscal 2021, we committed to a restructuring plan (the August 2020 Plan) to optimize our business and fund our biggest opportunities. In connection with the plan, we reduced our global workforce by approximately 5%. Charges related to the plan consisted primarily of employee severance-related costs. We completed substantially all activities related to this plan by the end of the third quarter of fiscal 2021.

In the first quarter of fiscal 2021, we executed a restructuring plan (the May 2020 Plan) to reduce costs and redirect resources to our highest return activities, which included a reduction in our global workforce by less than 1%. Charges related to the plan consisted primarily of employee severance-related costs. Substantially all activities under the plan have been completed.

Management has previously approved several restructuring actions, including the May 2019 Plan and April 2019 Plan, under which we reduced our global workforce by approximately 2%, and approximately 1%, respectively. Charges related to these restructuring plans consisted primarily of employee severance-related costs. Substantially all activities under the May 2019 Plan were complete as of the end of the second quarter of fiscal 2020, and substantially all activities under the April 2019 Plan were complete as of the end of fiscal 2020.

Activities related to our restructuring plans are summarized as follows (in millions):

	Nine Months Ended												Nine Months Ended
	January 29, 2021												January 24, 2020
	August 2020 Plan			May 2020 Plan			May 2019 Plan			Total			May 2019 Plan			April 2019 Plan			November 2016 Plan			Total
Balance at beginning of period	$	—		$	—		$	1		$	1		$	—		$	15		$	4		$	19
Net charges		37			5			—			42			21			—			—			21
Cash payments		(35	)		(5	)		(1	)		(41	)		(20	)		(14	)		—			(34	)
Other		—			—			—			—			—			—			(4	)		(4	)
Balance at end of period	$	2		$	—		$	—		$	2		$	1		$	1		$	—		$	2

Upon adoption of the new lease accounting standard in the first quarter of fiscal 2020, the remaining lease-related liabilities associated with the November 2016 Plan were recognized as a reduction to the lease right-of-use asset recorded at transition.