The company said the Restructuring Program was expected to result in restructuring and other charges of between $1,500 million and $1,700 million (before tax), as reported in its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026.

1. 01

   The company said the Restructuring Program was expected to result in restructuring and other charges of between $1,500 million and $1,700 million (before tax), as reported in its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026.

2. 02

   The company said it expects to record cumulative restructuring and other charges of about $1,551 million (before tax) for initiatives approved through May 28, 2026. It said charges other than non-cash charges are expected to be funded from cash provided by operations.

3. 03

   The company said it approved additional charges of $134 million from April 30, 2026 through May 28, of which restructuring charges were $129 million and employee-related costs were $108 million. Severance from a net reduction in workforce in the supply chain, enabling functions, go-to-market and technology organizations accounts for most of the charges.

4. 04

   The company said cumulative charges approved through May 28, 2026 totaled $1,551 million, of which restructuring charges were $1,147 million. Of the restructuring charges, employee-related costs were $970 million and asset-related costs were $109 million.

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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