The Company recorded restructuring charges of $120 million, $89 million and $119 million for the fiscal years ended June 30, 2025, 2024 and 2023, respectively.

The restructuring charges in fiscal 2025 primarily related to employee termination benefits.

The restructuring charges in fiscal 2024 primarily related to employee termination benefits, including those recorded in the first half of the fiscal year resulting from actions taken by the Company’s businesses in response to the headcount reductions announced in February 2023.

The restructuring charges in fiscal 2023 primarily related to employee termination benefits resulting from actions taken by the Company’s businesses in response to the headcount reductions announced in February 2023.


	One-time employee termination benefits		Other costs		Total
	(in millions)
Balance, June 30, 2022	$	23	$	41	$	64
Additions	110		9		119
Payments	(86)		(9)		(95)
Other	1		—		1
Balance, June 30, 2023	$	48	$	41	$	89
Additions	83		6		89
Payments	(106)		(12)		(118)
Other	(1)		—		(1)
Balance, June 30, 2024	$	24	$	35	$	59
Additions	100		20		120
Payments	(75)		(9)		(84)
Other	(7)		—		(7)
Balance, June 30, 2025	$	42	$	46	$	88

As of June 30, 2025 and June 30, 2024 restructuring liabilities of approximately $46 million and $33 million, respectively, were included in the Balance Sheet in Other current liabilities and $42 million and $26 million, respectively, were included in Other non-current liabilities.