Annual report pursuant to Section 13 and 15(d)

Cost Plan Cost Plan (Tables)

v3.19.3
Cost Plan Cost Plan (Tables)
 12 Months Ended
Sep. 29, 2019
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs [Table Text Block]
Total restructuring and restructuring-related charges related to the Cost Plan were as follows (in millions):
 
2019
 
2018 (1)
 
Total
Restructuring-related charges (2)
$
151

 
$
334

 
$
485

Restructuring charges (3)
62

 
353

 
415

 
$
213

 
$
687

 
$
900

(1)
During fiscal 2018, we recorded restructuring and restructuring-related charges of $629 million in other expenses and charges of $58 million in investment and other income, net.
(2)
Restructuring-related charges primarily related to asset impairment charges in fiscal 2019 and 2018 and also included a $52 million net gain in fiscal 2019 from the sale of certain assets related to wireless electric vehicle charging applications and the sale of our mobile health nonreportable segment, as well as a $41 million gain in fiscal 2018 resulting from fair value adjustments of certain
contingent consideration related to a business combination.
(3)
Restructuring charges primarily consisted of severance and consulting costs in fiscal 2019 and 2018, which were payable in cash.