Restructuring and Asset Impairment Charges, Net

During fiscal 2016, the Company identified and pursued additional opportunities for cost savings through restructuring activities and workforce reductions to improve operating efficiencies across the Company's businesses. The Company expects to incur restructuring and restructuring related charges between $35 million and $50 million in fiscal 2016, which does not include repositioning charges, as described below.

The Company recorded restructuring and asset impairment charges (income) by action as follows ($ in millions):



	For the Quarters Ended						For the Nine Months Ended
	June 24, 2016			June 26, 2015			June 24, 2016		June 26, 2015
2016 actions	$	6		$	—		$	21	$	—
2015 actions	(1		)	39			—		97
2014 and prior actions	—			(1		)	1		11
Total restructuring and asset impairment charges, net	$	5		$	38		$	22	$	108
Charges reflected in SG&A	$	—		$	—		$	1	$	—
Charges reflected in restructuring and asset impairments, net	5			38			21		108

2016 Actions

Restructuring and asset impairment charges, net, during the quarter and nine months ended June 24, 2016 related to the 2016 actions are as follows ($ in millions):



	For the Quarter Ended June 24, 2016
	Employee Severance and Benefits
NA Integrated Solutions & Services	$	4
ROW Integrated Solutions & Services	1
Global Products	1
Total	$	6



	For the Nine Months Ended June 24, 2016
	Employee Severance and Benefits		Facility Exit and Other Charges		Charges Reflected in SG&A		Total
NA Integrated Solutions & Services	$	6	$	—	$	—	$	6
ROW Integrated Solutions & Services	4		—		—		4
Global Products	5		1		1		7
Corporate and Other	4		—		—		4
Total	$	19	$	1	$	1	$	21

The rollforward of the reserves from September 25, 2015 to June 24, 2016 is as follows ($ in millions):



Balance as of September 25, 2015	$	—
Charges	22
Reversals	(2		)
Utilization	(13		)
Balance as of June 24, 2016	$	7

2015 Actions

Restructuring and asset impairment charges, net, during the quarters ended June 24, 2016 and June 26, 2015 and nine months ended June 26, 2015 related to the 2015 actions are as follows ($ in millions):



	For the Quarter Ended June 24, 2016
	Employee Severance and Benefits
NA Integrated Solutions & Services	$	(1	)
Total	$	(1	)



	For the Quarter Ended June 26, 2015
	Employee Severance and Benefits		Facility Exit and Other Charges		Total
NA Integrated Solutions & Services	$	1	$	—	$	1
ROW Integrated Solutions & Services	34		1		35
Global Products	1		—		1
Corporate and Other	2		—		2
Total	$	38	$	1	$	39



	For the Nine Months Ended June 26, 2015
	Employee Severance and Benefits		Facility Exit and Other Charges		Total
NA Integrated Solutions & Services	$	27	$	—	$	27
ROW Integrated Solutions & Services	48		6		54
Global Products	4		—		4
Corporate and Other	12		—		12
Total	$	91	$	6	$	97

Restructuring and asset impairment charges (income), net, incurred cumulative to date from initiation of the 2015 actions are as follows ($ in millions):



	Employee Severance and Benefits		Facility Exit and Other Charges		Charges (Income) Reflected in SG&A			Total
NA Integrated Solutions & Services	$	41	$	3	$	1		$	45
ROW Integrated Solutions & Services	81		9		1			91
Global Products	21		1		(1		)	21
Corporate and Other	20		1		—			21
Total	$	163	$	14	$	1		$	178

The rollforward of the reserves from September 25, 2015 to June 24, 2016 is as follows ($ in millions):



Balance as of September 25, 2015	$	117
Charges	8
Reversals	(8		)
Utilization	(42		)
Balance as of June 24, 2016	$	75

Restructuring reserves for businesses that are included in Liabilities held for sale within the Consolidated Balance Sheets are excluded from the table above. See Note 3.

2014 and prior actions

The Company continues to maintain restructuring reserves related to actions initiated prior to fiscal 2015. The total amount of these reserves was $27 million and $38 million as of June 24, 2016 and September 25, 2015, respectively. The Company incurred nil of net restructuring charges and $1 million of net restructuring reversals for the quarters ended June 24, 2016 and June 26, 2015, respectively, related to 2014 and prior actions. The Company utilized $2 million and $9 million of restructuring reserves during the quarters ended June 24, 2016 and June 26, 2015, respectively. The Company incurred $1 million and $11 million of net restructuring charges and utilized $12 million and $38 million for the nine months ended June 24, 2016 and June 26, 2015, respectively, related to 2014 and prior actions. The aggregate remaining reserves relate to employee severance and benefits as well as facility exit costs for long-term non-cancelable lease obligations primarily within the Company's NA Integrated Solutions & Services and ROW Integrated Solutions & Services segments.

Total Restructuring Reserves

As of June 24, 2016 and September 25, 2015, restructuring reserves related to all actions were included within the Company's Consolidated Balance Sheets as follows ($ in millions):



	As of
	June 24, 2016		September 25, 2015
Accrued and other current liabilities	$	96	$	140
Other liabilities	13		15
Total	$	109	$	155

Restructuring reserves for businesses that are included in Liabilities held for sale within the Consolidated Balance Sheets are excluded from the table above. See Note 3.

Repositioning

The Company has initiated certain global actions designed to reduce its cost structure and improve future profitability by streamlining operations and better aligning functions, which the Company refers to as repositioning actions. These actions may or may not lead to a future restructuring action. During the quarters ended June 24, 2016 and June 26, 2015, the Company recorded net repositioning charges of $8 million and $27 million, respectively, and $19 million and $61 million for the nine months ended June 24, 2016 and June 26, 2015, respectively, primarily related to professional fees which have been reflected in Selling, general and administrative expenses within the Consolidated Statements of Operations.