In fiscal 2026, management approved a restructuring plan to redirect resources to the highest return activities and reduce costs. Charges related to the plan consisted primarily of employee severance-related costs. The activities under this plan were substantially complete by the end of fiscal 2026.

In fiscal 2025, management approved restructuring plans to redirect resources to the highest return activities and reduce costs. Charges related to the plans consisted primarily of employee severance-related costs and lease termination charges. One of the plans related to the sale of our cloud optimization and management software business known as Spot by NetApp. The activities under these plans were substantially complete by the end of fiscal 2025.

In fiscal 2024, management approved restructuring plans to redirect resources to the highest return activities and reduce costs. Charges related to the plans consisted primarily of employee severance-related costs. One of the plans also included termination of certain real estate leases in various countries, resulting in lease termination charges. The activities under these plans were substantially complete by the end of fiscal 2024.

Activities related to our restructuring plans are summarized as follows (in millions):


	Total
Balance as of April 28, 2023	$	36
Net charges		44
Cash payments		(70	)
Balance as of April 26, 2024		10
Net charges		83
Cash payments		(42	)
Balance as of April 25, 2025		51
Net charges		21
Cash payments		(66	)
Balance as of April 24, 2026	$	6

Liabilities for our restructuring activities are included in accrued expenses in our consolidated balance sheets.