Fiscal 2025 Activity
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Accrued |
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Year Ended May 31, 2025 |
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Accrued |
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(in millions) |
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May 31,
2024(2) |
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Initial
Costs(3) |
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Adj. to
Cost(4) |
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Cash
Payments |
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Others(5) |
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May 31,
2025(2) |
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Fiscal 2024 Oracle Restructuring Plan(1) |
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Cloud and license |
|
$ |
87 |
|
|
$ |
115 |
|
|
$ |
(6 |
) |
|
$ |
(118 |
) |
|
$ |
1 |
|
|
$ |
79 |
|
Hardware |
|
|
4 |
|
|
|
17 |
|
|
|
— |
|
|
|
(11 |
) |
|
|
— |
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|
|
10 |
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Services |
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|
12 |
|
|
|
37 |
|
|
|
— |
|
|
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(28 |
) |
|
|
1 |
|
|
|
22 |
|
Other |
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|
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 |
) |
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$ |
5 |
|
|
$ |
212 |
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Fiscal 2024 Activity
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Accrued |
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Year Ended May 31, 2024 |
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|
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) |
|
|
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|
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|
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|
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Cloud and license |
|
$ |
— |
|
|
$ |
204 |
|
|
$ |
(9 |
) |
|
$ |
(108 |
) |
|
$ |
— |
|
|
$ |
87 |
|
Hardware |
|
|
— |
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|
|
9 |
|
|
|
— |
|
|
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(5 |
) |
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|
— |
|
|
|
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
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Accrued |
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|
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.
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