In the second quarter of fiscal year 2022, the Company announced its multi-year Chubb restructuring program designed to drive efficiencies and synergies and optimize operating margin. The Chubb restructuring program includes expenses related to workforce reductions, lease termination costs, and other facility rationalization costs over the next three years.

Since the Chubb Acquisition, the Company has incurred pre-tax restructuring costs within the Safety Services segment of $30 in connection with the Chubb restructuring program. In total, the Company estimates that it will recognize approximately $105 of restructuring costs related to the Chubb restructuring program by the end of fiscal year 2024.

Of the $30 recognized to date, $7 was recorded in cost of revenues and $23 in selling, general, and administrative expenses on the consolidated statements of operations for the year ended December 31, 2022. The amounts recognized in the year ended December 31, 2022 relate to costs associated with workforce reductions. As of December 31, 2022, the Company had $22 in restructuring liabilities recorded in other accrued liabilities on the consolidated balance sheets for this plan.

The following table summarizes the Company's 2022 restructuring program for the year ended December 31, 2022:


	Year Ended December 31, 2022
Balance as of December 31, 2021	$	—
Charged to cost of revenues - employee related		7
Charged to selling, general, and administrative expenses - employee related		23
Payments		(8	)
Currency translation adjustment		—
Balance as of December 31, 2022	$	22