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Table of Contents
ORACLE CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
May 31, 2016
Summary of All Plans
Fiscal 2016 Activity
Accrued
May 31,
2015
Year Ended May 31, 2016 Accrued
May 31,
2016
(in millions)
Initial
Costs
Adj. to
Cost
Cash
Payments Others
Fiscal 2015 Oracle Restructuring Plan
Cloud software and on-premise software $ 11 $ 95 $(7) $ (60) $ 2 $ 41
Software license updates and product support 5 168 (1) (69) 2 105
Hardware business 6 67 (8) (43) 1 23
Services business 9 44 (4) (35) — 14
General and administrative and other 5 108 — (56) (2) 55
Total Fiscal 2015 Oracle Restructuring Plan $ 36 $ 482 $ (20) $ (263) $ 3 $ 238
Total other restructuring plans $ 84 $ 2 $(6) $ (27) $(8) $ 45
Total restructuring plans $ 120 $ 484 $ (26) $ (290) $(5) $ 283
Fiscal 2015 Activity
Accrued
May 31,
2014
Year Ended May 31, 2015 Accrued
May 31,
2015
(in millions)
Initial
Costs
Adj. to
Cost
Cash
Payments Others
Fiscal 2015 Oracle Restructuring Plan
Cloud software and on-premise software $ — $ 26 $ 1 $ (16) $ — $ 11
Software license updates and product support — 7 — (2) — 5
Hardware business — 22 (2) (13) (1) 6
Services business — 21 — (12) — 9
General and administrative and other — 27 (2) (20) — 5
Total Fiscal 2015 Oracle Restructuring Plan $ — $ 103 $(3) $ (63) $(1) $ 36
Total Fiscal 2013 Oracle Restructuring Plan $ 61 $ 128 $(9) $ (138) $ (11) $ 31
Total other restructuring plans $ 108 $ 7 $ (19) $ (43) $ — $ 53
Total restructuring plans $ 169 $ 238 $ (31) $ (244) $ (12) $ 120
Fiscal 2014 Activity
Accrued
May 31,
2013
Year Ended May 31, 2014 Accrued
May 31,
2014
(in millions)
Initial
Costs
Adj. to
Cost
Cash
Payments Others
Total Fiscal 2013 Oracle Restructuring Plan $ 71 $ 197 $ (23) $ (195) $ 11 $ 61
Total other restructuring plans $ 179 $ 24 $ (15) $ (58) $ (22) $ 108
Total restructuring plans $ 250 $ 221 $ (38) $ (253) $ (11) $ 169
Restructuring costs recorded for individual line items primarily related to employee severance costs.
The balances at May 31, 2016 and 2015 included $255 million and $86 million, respectively, recorded in other current liabilities and $28 million and $34 million, respectively, recorded in other non-current
liabilities.
114
(2) (2)(3) (4) (5)
(1)
(6)
(2)(3) (4) (5)
(1)
(6)
(6)
(3) (4) (5)
(6)
(1)
(2)