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Table of Contents
ORACLE CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
May 31, 2007
Retek are $401 million, consisting primarily of employee severance costs as well as excess facilities
obligations through fiscal 2013 and other restructuring costs.
Summary of All Plans
Total Total
Accrued Year Ended May 31, 2007 Accrued Costs Expected
May 31, Initial Adj. to Cash May 31, Accrued Program
(in millions) 2006(3) Costs(4) Cost(5) Payments Other(6) 2007(3) to Date Costs
Fiscal 2006 Oracle
Restructuring Plan
New software licenses $ 25 $ 2 $ — $ (26) $ (1) $ — $ 35 $ 35
Software license updates
and product support 1 — — — — 1 2 2
Services, principally
consulting 8 4 — (12) — — 17 17
Other(1) 8 13 — (15) (1) 5 38 38
Total Fiscal 2006
Oracle Restructuring $ 42 $ 19 $ — $ (53) $ (2) $ 6 $ 92 $ 92
Fiscal 2005 Oracle
Restructuring Plan
New software licenses $ 3 $ — $ — $ (2) $ — $ 1 $ 37 $ 37
Software license updates
and product support — — — — — — 6 6
Services, principally
consulting 2 — — (1) — 1 28 28
Other(1) 2 — — (2) — — 66 66
Total severance 7 — — (5) — 2 137 137
Total facilities(2) 18 — — — — 18 21 21
Total Fiscal 2005
Oracle Restructuring $ 25 $ — $ — $ (5) $ — $ 20 $ 158 $ 158
Hyperion Restructuring
Plan
Severance $ — $ 45 $ — $ — $ — $ 45 $ 45 $ 45
Facilities — 47 — (1) — 46 47 47
Contracts and other — 16 — — — 16 16 16
Total Hyperion
Restructuring $ — $ 108 $ — $ (1) $ — $ 107 $ 108 $ 108
Siebel Restructuring Plan
Severance $ 37 $ — $ (8) $ (24) $ 1 $ 6 $ 63 $ 63
Facilities 446 — (12) (208) 4 230 472 472
Contracts and other 26 — 4 (20) — 10 39 39
Total Siebel
Restructuring $ 509 $ — $ (16) $ (252) $ 5 $ 246 $ 574 $ 574
PeopleSoft and Retek
Restructuring Plan
Severance $ 3 $ — $ (2) $ (1) $ — $ — $ 193 $ 193
Facilities 95 — — (28) 3 70 157 157
Contracts and other 11 — — (1) — 10 51 51
Total PeopleSoft and
Retek Restructuring $ 109 $ — $ (2) $ (30) $ 3 $ 80 $ 401 $ 401
Total All Restructuring
Plans $ 685 $ 127 $ (18) $ (341) $ 6 $ 459
(1) Other includes costs associated with research and development, general and administrative and marketing
functions.
(2) Allocation of facility costs to operating lines of businesses and other functions was approximately $5 and
$16, respectively.
(3) Accrued restructuring at May 31, 2007 and 2006 was $459 and $685, respectively. The balances include
$201 and $412 recorded in accrued restructuring, current and $258 and $273 recorded in accrued
restructuring, non-current in the accompanying condensed consolidated balance sheets at May 31, 2007
Source: ORACLE CORP, 10-K, June 29, 2007 Powered by Morningstar® Document Research℠