Oracle 2010 Annual Report Download - page 117

Table of Contents
ORACLE CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
May 31, 2011
Summary of All Plans
Fiscal 2011 Activity
(in millions)
Accrued
May 31,
2010(2)
Year Ended May 31, 2011
Accrued
May 31,
2011(2)
Total
Costs
Accrued
to Date
Total
Expected
Program
Costs
Initial
Costs(3)
Adj. to
Cost(4)
Cash
Payments Others(5)
Sun Restructuring Plan(1)
New software licenses $ 5 $ 67 $ (4) $ (55) $ 1 $ 14 $ 69 $ 88
Software license updates and product support 3 52 (1) (34) (1) 19 57 89
Hardware systems business 42 53 (3) (83) 1 10 111 120
Services 8 49 (4) (43) (1) 9 56 74
General and administrative and other 29 226 4 (154) (5) 100 488 660
Total Sun Restructuring $ 87 $ 447 $ (8) $ (369) $ (5) $ 152 $ 781 $ 1,031
Total other restructuring plans(6) $ 459 $ 57 $ (17) $ (223) $ 21 $ 297
Total restructuring plans(7) $ 546 $ 504 $ (25) $ (592) $ 16 $ 449
Fiscal 2010 Activity
(in millions)
Accrued
May 31,
2009
Year Ended May 31, 2010 Accrued
May 31,
2010(2)
Initial
Costs(3)
Adj. to
Cost(4)
Cash
Payments Others(5)
Sun Restructuring Plan(1)
New software licenses $ — $ 6 $ — $ (1) $ — $ 5
Software license updates and product support — 6 — (3) — 3
Hardware systems business — 61 — (19) — 42
Services — 11 — (3) — 8
General and administrative and other — 258 — (222) (7) 29
Total Sun Restructuring $ — $ 342 $ — $ (248) $ (7) $ 87
Total other restructuring plans(6) $ 389 $ 292 $ (84) $ (397) $ 259 $ 459
Total restructuring plans(7) $ 389 $ 634 $ (84) $ (645) $ 252 $ 546
Fiscal 2009 Activity
Accrued
May 31,
2008
Year Ended May 31, 2009 Accrued
May 31,
2009
(in millions)
Initial
Costs(3)
Adj. to
Cost(4)
Cash
Payments Others(5)
Total restructuring plans(7) $ 568 $ 111 $ (12) $ (253) $ (25) $ 389
(1) Restructuring costs recorded for individual line items presented relate to employee severance costs except for general and administrative and other which included $97 million and
$44 million recorded during fiscal 2011 and 2010, respectively, for facilities related restructuring and contract termination costs.
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Source: ORACLE CORP, 10-K, June 28, 2011 Powered by Morningstar® Document Research℠