v3.24.2
Restructuring Costs (Tables)
6 Months Ended
Jun. 30, 2024
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Costs Incurred
The Company incurred costs related to these initiatives as follows:
 
Three Months Ended
June 30,
Six Months Ended
 June 30,
(In millions)2024202320242023
Risk and Insurance Services$29 $31 $51 $63 
Consulting5 7 16 16 
Corporate10 27 19 39 
Total$44 $65 $86 $118 
Schedule of Restructuring Activities
Details of the restructuring activity from January 1, 2023 through June 30, 2024, are as follows:
(In millions)Severance
Real Estate Related Costs (a)
Information TechnologyConsulting and Other Outside ServicesTotal
Liability at January 1, 2023
$88 $56 $— $2 $146 
2023 charges
148 96 15 42 301 
Cash payments(147)(69)(13)(42)(271)
Non-cash charges — (44)(2)— (46)
Liability at December 31, 2023
$89 $39 $— $2 $130 
2024 charges
42 21 11 12 86 
Cash payments(102)(26)(11)(14)(153)
Non-cash charges— (3)— — (3)
Liability at June 30, 2024
$29 $31 $— $— $60 
(a) Includes ROU and fixed asset impairments and other real estate related costs.