During fiscal 2024, our management approved, committed to and initiated plans to restructure and further improve efficiencies in our operations due to our acquisitions and certain other operational activities (2024 Restructuring Plan). In fiscal 2025, our management supplemented the 2024 Restructuring Plan to reflect additional actions that we expected to take. Restructuring costs associated with the 2024 Restructuring Plan were recorded to the restructuring expense line item within our consolidated statements of operations as they were incurred. We recorded $314 million and $432 million of restructuring expenses in connection with the 2024 Restructuring Plan in fiscal 2025 and 2024, respectively. Actions pursuant to the 2024 Restructuring Plan were substantially complete as of May 31, 2025.

During fiscal 2022, our management approved, committed to and initiated plans to restructure and further improve efficiencies in our operations due to our acquisitions and certain other operational activities (2022 Restructuring Plan). In fiscal 2023, our management supplemented the 2022 Restructuring Plan to reflect additional actions that

we expected to take. Restructuring costs associated with the 2022 Restructuring Plan were recorded to the restructuring expense line item within our consolidated statements of operations as they were incurred. We recorded $493 million of restructuring expenses in connection with the 2022 Restructuring Plan in fiscal 2023. The total costs recorded in our consolidated statements of operations in connection with the 2022 Restructuring Plan were $716 million. Actions pursuant to the 2022 Restructuring Plan were substantially complete as of May 31, 2023.

Fiscal 2025 Activity


	Accrued		Year Ended May 31, 2025										Accrued
(in millions)	May 31, 2024(2)		Initial Costs(3)		Adj. to Cost(4)			Cash Payments			Others(5)		May 31, 2025(2)
Fiscal 2024 Oracle Restructuring Plan(1)
Cloud and license	$	87	$	115	$	(6	)	$	(118	)	$	1	$	79
Hardware		4		17		—			(11	)		—		10
Services		12		37		—			(28	)		1		22
Other		49		153		(2	)		(142	)		2		60
Total Fiscal 2024 Oracle Restructuring Plan	$	152	$	322	$	(8	)	$	(299	)	$	4	$	171
Total other restructuring plans(6)	$	84	$	—	$	(15	)	$	(29	)	$	1	$	41
Total restructuring plans	$	236	$	322	$	(23	)	$	(328	)	$	5	$	212

Fiscal 2024 Activity


	Accrued		Year Ended May 31, 2024										Accrued
(in millions)	May 31, 2023		Initial Costs(3)		Adj. to Cost(4)			Cash Payments			Others(5)		May 31, 2024(2)
Fiscal 2024 Oracle Restructuring Plan(1)
Cloud and license	$	—	$	204	$	(9	)	$	(108	)	$	—	$	87
Hardware		—		9		—			(5	)		—		4
Services		—		46		(1	)		(33	)		—		12
Other		—		188		(5	)		(134	)		—		49
Total Fiscal 2024 Oracle Restructuring Plan	$	—	$	447	$	(15	)	$	(280	)	$	—	$	152
Total other restructuring plans(6)	$	199	$	—	$	(28	)	$	(89	)	$	2	$	84
Total restructuring plans	$	199	$	447	$	(43	)	$	(369	)	$	2	$	236

Fiscal 2023 Activity


	Accrued		Year Ended May 31, 2023											Accrued
(in millions)	May 31, 2022		Initial Costs(3)		Adj. to Cost(4)			Cash Payments			Others(5)			May 31, 2023
Fiscal 2022 Oracle Restructuring Plan(1)
Cloud and license	$	34	$	288	$	(6	)	$	(218	)	$	1		$	99
Hardware		7		18		—			(18	)		(1	)		6
Services		9		28		—			(19	)		(1	)		17
Other		10		162		3			(141	)		1			35
Total Fiscal 2022 Oracle Restructuring Plan	$	60	$	496	$	(3	)	$	(396	)	$	—		$	157
Total other restructuring plans(6)	$	71	$	1	$	(4	)	$	(22	)	$	(4	)	$	42
Total restructuring plans	$	131	$	497	$	(7	)	$	(418	)	$	(4	)	$	199

(1)

Restructuring costs recorded to each of the operating segments presented primarily related to employee severance costs. Other restructuring costs represented employee severance costs not related to our operating segments and certain other restructuring plan costs.

(2)

As of May 31, 2025 and 2024, substantially all restructuring liabilities have been recorded in other current liabilities within our consolidated balance sheets.

(3)

Costs recorded for the respective restructuring plans during the period presented.

(4)

All plan adjustments were changes in estimates whereby increases and decreases in costs were generally recorded to operating expenses in the period of adjustments.

(5)

Represents foreign currency translation and certain other non-cash adjustments.

(6)

Other restructuring plans presented in the tables above included condensed information for other Oracle based plans and other plans associated with certain of our acquisitions whereby we continued to make cash outlays to settle obligations under these plans during the periods presented but for which the periodic impact to our consolidated statements of operations was not significant.