v3.24.0.1
Workforce Reduction and Other Initiatives (Tables)
 12 Months Ended
Dec. 31, 2023
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
Severance and office space exit charges are included within our consolidated statements of income as follows (in millions):
Year Ended December 31, 2023
Severance and Related (1)
Office SpaceTotal
Cost of revenues$479 $481 $960 
Research and development848870 1,718 
Sales and marketing497257 754 
General and administrative264237 501 
Total charges$2,088 $1,845 $3,933 
(1)Severance includes amounts to be settled in cash, accounted for as one-time involuntary employee termination benefits, and SBC.
Schedule of Restructuring Reserve by Type of Cost
For the year ended December 31, 2023, changes in liabilities resulting from the severance charges and related accruals were as follows (in millions):
Severance and Related
Balance as of December 31, 2022$0 
Charges(1)
1,656 
Cash payments(1,579)
Balance as of December 31, 2023(2)
$77 
(1)Excludes non-cash SBC of $432 million.
(2)Included in accrued compensation and benefits on the Consolidated Balance Sheets.