Restructuring and Exit Costs

For the three and six months ended December 28, 2018, the Company recorded restructuring charges of approximately $5 million and $28 million, respectively, comprised primarily of charges related to workforce reduction costs and facilities and other exit costs associated with the restructuring of its workforce. The Company's significant restructuring plans are described below. All restructuring charges are reported in Restructuring and other, net on the Company's Condensed Consolidated Statements of Operations.

December 2017 Plan - On December 8, 2017, the Company committed to a restructuring plan (the “December 2017 Plan”) to reduce its cost structure. The December 2017 Plan included reducing the Company's global headcount by approximately 500 employees. The December 2017 Plan was substantially completed by the end of fiscal year 2018.

July 2017 Plan - On July 25, 2017, the Company committed to a restructuring plan (the “July 2017 Plan”) to reduce its cost structure. The July 2017 Plan included reducing the Company’s global headcount by approximately 600 employees. The July 2017 Plan was substantially completed during fiscal year 2018.

March 2017 Plan - On March 9, 2017, the Company committed to a restructuring plan (the “March 2017 Plan”) in connection with the continued consolidation of its global footprint. The Company closed its design center in Korea, resulting in the reduction of the Company’s headcount by approximately 300 employees. The March 2017 Plan was substantially completed by the end of fiscal year 2017.

July 2016 Plan - On July 11, 2016, the Company committed to a restructuring plan (the “July 2016 Plan”) for continued consolidation of its global footprint across Asia, EMEA and the Americas. The July 2016 Plan included reducing worldwide headcount by approximately 6,500 employees. The July 2016 Plan was substantially completed during fiscal year 2018.

The following table summarizes the Company’s restructuring activities under all of the Company’s active restructuring plans for the six months ended December 28, 2018:



	December 2017 Plan						July 2017 Plan					March 2017 Plan				July 2016 Plan						Other Plans
(Dollars in millions)	Workforce Reduction Costs			Facilities and Other Exit Costs			Workforce Reduction Costs		Facilities and Other Exit Costs			Workforce Reduction Costs		Facilities and Other Exit Costs		Workforce Reduction Costs			Facilities and Other Exit Costs			Workforce Reduction Costs			Facilities and Other Exit Costs			Total
Accrual balances at June 29, 2018	$	5		$	4		$	—	$	1		$	1	$	—	$	2		$	—		$	11		$	18		$	42
Restructuring charges	—			2			—		—			—		—		—			3			21			3			29
Cash payments	(5		)	(3		)	—		—			—		—		(1		)	(3		)	(30		)	(4		)	(46		)
Adjustments	—			(1		)	—		(1		)	—		—		—			—			1			—			(1		)
Accrual balances at December 28, 2018	$	—		$	2		$	—	$	—		$	1	$	—	$	1		$	—		$	3		$	17		$	24
Total costs incurred to date as of December 28, 2018	$	26		$	7		$	37	$	3		$	31	$	3	$	82		$	37		$	262		$	62		$	550
Total expected charges to be incurred as of December 28, 2018	$	—		$	1		$	—	$	—		$	—	$	—	$	—		$	—		$	—		$	1		$	2

Additionally, during the December 2018 quarter, the Company recorded an impairment charge of $2 million on its held for sale land and building, which is included in Restructuring and other, net in the Company's Condensed Consolidated Statements of Operations. Please refer to Note 8 - Fair Value for more details.