The following table summarizes the significant activities within, and components of, the restructuring liabilities during the three fiscal quarters ended August 3, 2025:


	Employee Termination Costs		Lease and Impairment Costs		Total

	(In millions)
Balance as of November 3, 2024	$	119	$	—	$	119
Restructuring charges	302		141		443
Utilization	(389)		(141)		(530)
Balance as of August 3, 2025	$	32	$	—	$	32

In connection with the acquisition of VMware, we initiated restructuring activities to integrate the acquired business, align our workforce and improve efficiencies in our operations. We recognized restructuring charges related to employee termination costs of $108 million and $302 million during the fiscal quarter and three fiscal quarters ended August 3, 2025, respectively, and $294 million and $1,270 million during the fiscal quarter and three fiscal quarters ended August 4, 2024, respectively.

We also recognized impairment charges primarily related to lease assets and property, plant and equipment of $35 million and $141 million during the fiscal quarter and three fiscal quarters ended August 3, 2025, respectively, and $67 million and $148 million during the fiscal quarter and three fiscal quarters ended August 4, 2024, respectively. We expect these restructuring activities to be substantially completed by the end of fiscal year 2025. These charges were recognized primarily in operating expenses.

Restructuring and other charges for the fiscal quarter ended August 3, 2025 included a $70 million non-recurring impairment charge related to an asset held-for-sale.