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Restructuring, Transition and Other Costs
12 Months Ended
Mar. 30, 2018
Restructuring Costs [Abstract]  
Restructuring, Transition and Other Costs
Restructuring, Transition and Other Costs
Our restructuring, transition and other costs and liabilities consist primarily of severance, facilities, transition and other related costs. Severance costs generally include severance payments, outplacement services, health insurance coverage and legal costs. Included in other exit and disposal costs are advisory fees incurred in connection with restructuring events and facilities exit costs, which generally include rent expense and lease termination costs, less estimated sublease income. Transition costs are incurred in connection with Board of Directors approved discrete strategic information technology transformation initiatives and primarily consist of consulting charges associated with our enterprise resource planning and supporting systems and costs to automate business processes. In addition, transition costs include expenses associated with divestitures of our product lines. Restructuring, transition and other costs are managed at the corporate level and are not allocated to our reportable segments. See Note 14 for information regarding the reconciliation of total segment operating income to total consolidated operating income (loss).
Fiscal 2017 Plan
We initiated a restructuring plan in the first quarter of fiscal 2017 to reduce complexity by means of long-term structural improvements (the “Fiscal 2017 Plan”). We have reduced headcount and closed certain facilities in connection with the Fiscal 2017 Plan and expect additional headcount reductions and facilities closures. We expect to incur additional costs of approximately $20 million in connection with the Fiscal 2017 Plan primarily consisting of severance and termination benefits and facilities exit costs. These actions are expected to be substantially completed in the first quarter of fiscal 2019. As of March 30, 2018, liabilities for excess facility obligations at several locations around the world are expected to be paid throughout the respective lease terms, the longest of which extends through fiscal 2023.
Restructuring, transition and other costs summary
Our continuing operations restructuring, transition and other costs are presented in the table below:
 
Year Ended
(In millions)
March 30, 2018
 
March 31, 2017
 
April 1, 2016
Severance and termination benefit costs
$
61

 
$
76

 
$
24

Other exit and disposal costs
52

 
80

 
20

Asset write-offs
25

 
23

 

Transition costs
272

 
94

 
92

Total restructuring, transition and other costs
$
410

 
$
273

 
$
136


Included in our fiscal 2018 other exit and disposal costs is a $29 million impairment charge related to certain land and buildings previously reported as property and equipment that were reclassified to assets held for sale. See Note 5 for more information on our assets held for sale. Our asset write-offs in the above table consists primarily of equipment write-offs.
Restructuring summary
Our restructuring activities related to the Fiscal 2017 Plan are presented in the table below:
(In millions)
Balance as of March 31, 2017
 
Additional Accruals, Net of Adjustments
 
Cash Payments
 
Non-Cash Settlements
 
Balance as of March 30, 2018
 
Cumulative Incurred to Date
Severance and termination benefit costs
$
20

 
$
61

 
$
(71
)
 
$

 
$
10

 
$
137

Other exit and disposal costs
26

 
52

 
(26
)
 
(37
)
 
15

 
131

Total
$
46

 
$
113

 
$
(97
)
 
$
(37
)
 
$
25

 
$
268


Our non-cash settlements primarily consist of facilities impairment charges and leasehold improvement write-offs. The restructuring liabilities are included in accounts payable, other current liabilities and other long-term liabilities in our Consolidated Balance Sheets.