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Restructuring Charges
9 Months Ended
Sep. 30, 2024
Restructuring and Related Activities [Abstract]  
Restructuring Charges Restructuring Charges
2024 Plan
During the second quarter of 2024, we approved a worldwide cost reduction initiative (the "2024 Plan") to realize cost reductions and improve efficiencies. During the third quarter, under this plan, we eliminated approximately 2,300 positions and incurred charges of $36 million. We anticipate incurring additional charges in future periods related to further workforce reductions and expect to substantially complete these actions by the end of the first half of 2025.
2023 Plan
We completed our 2023 Plan in the second quarter of 2024. Under this plan, we eliminated 1,049 positions and recognized cumulative charges of $69 million.
Activity in our restructuring reserves was as follows:
2024 Plan2023 PlanTotal
Balance at January 1, 2024$ $26,128 $26,128 
Amounts charged to expense - continuing operations
54,238 10,621 64,859 
Amounts charged to expense - discontinued operations
7,265  7,265 
Cash payments(18,045)(35,874)(53,919)
Noncash activity(245)(875)(1,120)
Balance at September 30, 2024$43,213 $ $43,213 
2023 PlanPrior PlanTotal
Balance at January 1, 2023$— $7,647 $7,647 
Amounts charged to expense - continuing operations
31,169 3,599 34,768 
Amounts charged to expense - discontinued operations
7,852 — 7,852 
Cash payments(13,906)(11,246)(25,152)
Noncash activity(8,049)— (8,049)
Balance at September 30, 2023$17,066 $— $17,066 

Components of restructuring expense in discontinued operations primarily include severance charges. Components of restructuring expense in continuing operations were as follows:
Three Months Ended September 30, 2024Three Months Ended September 30, 2023
2024 Plan2023 PlanTotal2023 PlanPrior PlanTotal
Severance$30,403 $ $30,403 $8,190 $— $8,190 
Facilities and other291  291 5,752 — 5,752 
Total$30,694 $ $30,694 $13,942 $— $13,942 
Nine Months Ended September 30, 2024Nine Months Ended September 30, 2023
2024 Plan2023 PlanTotal2023 PlanPrior PlanTotal
Severance$53,947 $9,398 $63,345 $24,712 $3,057 $27,769 
Facilities and other291 1,223 1,514 6,457 542 6,999 
Total$54,238 $10,621 $64,859 $31,169 $3,599 $34,768