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Restructuring (Tables)
3 Months Ended
Mar. 31, 2024
Restructuring and Related Activities [Abstract]  
Summary of Restructuring Costs

The following table summarizes restructuring costs by type that have been incurred.

 

 

 

Three Months Ended

 

 

 

Three Months Ended

 

 

 

 

Estimated

 

 

Estimated

 

 

 

March 31,

 

 

 

March 31,

 

Inception to

 

 

Remaining

 

 

Total

 

 

 

2024

 

 

 

2023

 

 

 

Date

 

 

Costs

 

 

Cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Employer Solutions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Severance and Related Benefits

 

$

 

2

 

 

$

 

 

 

$

 

7

 

 

$

 

5

 

 

$

 

12

 

Other Restructuring Costs(1)

 

 

 

11

 

 

 

 

17

 

 

 

 

62

 

 

 

 

24

 

 

 

 

86

 

Total Employer Solutions

 

$

 

13

 

 

$

 

17

 

 

$

 

69

 

 

$

 

29

 

 

$

 

98

 

Corporate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Severance and Related Benefits

 

$

 

2

 

 

$

 

5

 

 

$

 

17

 

 

$

 

4

 

 

$

 

21

 

Other Restructuring Costs(1)

 

 

 

 

 

 

 

1

 

 

 

 

2

 

 

 

 

1

 

 

 

 

3

 

Total Corporate

 

$

 

2

 

 

$

 

6

 

 

$

 

19

 

 

$

 

5

 

 

$

 

24

 

Total Restructuring Costs

 

$

 

15

 

 

$

 

23

 

 

$

 

88

 

 

$

 

34

 

 

$

 

122

 

(1)
Other restructuring costs associated with the Transformation Program primarily include data center exit costs, third party fees associated with the restructuring, and costs associated with transitioning existing technology and processes.
Schedule of Accrued Restructuring Liability

As of March 31, 2024, approximately $9 million of the Company's total restructuring liability is unpaid and is recorded in Accounts payable and accrued liabilities on the Condensed Consolidated Balance Sheets.

 

Severance and

 

 

Other Restructuring

 

 

 

 

 

 

Related Benefits

 

 

Costs

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

Accrued restructuring liability as of December 31, 2023

$

 

6

 

 

$

 

1

 

 

$

 

7

 

Restructuring charges

 

 

4

 

 

 

 

11

 

 

 

 

15

 

Cash payments

 

 

(4

)

 

 

 

(9

)

 

 

 

(13

)

Accrued restructuring liability as of March 31, 2024

$

 

6

 

 

$

 

3

 

 

$

 

9