The peel strength and delamination failure mode of coextruded microlayer sheets consisting of alternating layers of polycarbonate (PC) and poly(styrene-co-acrylonitrile) (SAN) were studied with the T-peel test. Four delamination modes were observed : two modes where the crack propagated along the PC-SAN interface and two other modes where the crack propagated through crazes in the SAN. The SAN layer thickness determined whether crack propagation was interfacial or through crazes. Crazing and crack propagation through crazes were observed only if the SAN layer was thicker than 1.5 mu m. As the thickness of the SAN layer increased, the amount of crazing in front of the crack tip and the amount of craze fracture gradually increased; the peel strength increased accordingly. If the SAN layers were thinner than 1.5 mu m and the PC layers were relatively thick, the crack propagated along a single interface. The peel strength for this delamination mode was the lowest and equal to about 90 J/m(2), independent of layer thicknesses. This delamination mode came closest to providing a "real" measure of the adhesive toughness of PC to SAN. With both interfacial and craze delamination, the crack could move from layer to layer if the PC was thin enough. Tearing of the relatively thin PC layers increased the peel strength of the multiple-layer delamination modes.