Annual report pursuant to Section 13 and 15(d)

Restructuring (Tables)

v2.4.1.9
Restructuring (Tables)
 12 Months Ended
Dec. 27, 2014
Restructuring Cost and Reserve [Line Items]  
Schedule of Restructuring Activities and Related Liabilities
 
Severance
and related
benefits
 
Other exit
related
costs
 
Total
 
(In millions)
Balance at December 29, 2012
$
41

 
$
17

 
$
58

Charges (reversals), net
(5
)
 
11

 
6

Cash payments
(33
)
 
(21
)
 
(54
)
Balance at December 28, 2013
3

 
7

 
10

Charges (reversals), net
42

 
16

 
58

Cash payments
(19
)
 
(4
)
 
(23
)
Non-cash charges
—

 
(6
)
 
(6
)
Balance at December 27, 2014
$
26

 
$
13

 
$
39

Summary of Each Major Type of Restructuring Cost
 
2014
 
2013
 
2012
 
(In millions)
Severance and benefits charges (reversals), net
$
42

 
$
(5
)
 
$
95

Contract or program termination charges
6

 
—

 
—

Asset impairments
6

 
—

 
4

Facility consolidation and closure charges
4

 
11

 
1

Total
$
58

 
$
6

 
$
100

Executive Officer Separation
In the fourth quarter of 2014, the Company recorded other special charges of $13 million. The amount primarily includes $10 million due to the departure of the Company's former CEO, of which $5 million was related to cash and $5 million was related to stock-based compensation expense. The amount is recorded under “Restructuring and other special charges, net” on the consolidated statements of operations.