The company continued to execute various restructuring activities during the second quarter of 2024 to simplify management and workforce structure and improve efficiencies in its operations. The following tables present the detail of expenses incurred during the three and six months ended June 30, 2024 (dollars in millions):

The following tables present the detail of expenses incurred by segment (dollars in millions):


	Three Months Ended June 30, 2024
	Advisory Services		Global Workplace Solutions		Real Estate Investments		Corporate		Consolidated
Employee separation benefits	$	—	$	30	$	—	$	21	$	51
Professional fees and other	—		—		—		37		37
Total	$	—	$	30	$	—	$	58	$	88


	Six Months Ended June 30, 2024
	Advisory Services		Global Workplace Solutions		Real Estate Investments		Corporate		Consolidated
Employee separation benefits	$	—	$	30	$	—	$	50	$	80
Professional fees and other	—		—		—		39		39
Total	$	—	$	30	$	—	$	89	$	119


	Six Months Ended June 30, 2023
	Advisory Services		Global Workplace Solutions		Real Estate Investments		Corporate		Consolidated
Employee separation benefits	$	19	$	30	$	13	$	3	$	65
Lease exit costs	39		1		5		1		46
Professional fees and other	6		19		4		1		30
Subtotal	64		50		22		5		141
Depreciation expense	6		—		3		—		9
Total	$	70	$	50	$	25	$	5	$	150

Of the total expenses above, $2.3 million were incurred during the three months ended June 30, 2023 and the remaining $147.2 million were incurred during the three months ended March 31, 2023.

The following table shows ending liability balances associated major cash-based charges (dollars in millions):


	Employee separation benefits		Professional fees and other
Balance at December 31, 2023	$	13	$	—
Expense incurred	80		26
Payments made	(59)		(5)
Balance at June 30, 2024	$	34	$	21

We expect these restructuring activities to be substantially completed by the end of fiscal year 2024.

Ending balance related to employee separation benefits is included in “Compensation and employee benefits payable” in the accompanying consolidated balance sheets. Of the total charges incurred, $17.4 million is included within the “Cost of revenue” line item and $62.5 million is included in the “Operating, administrative, and other” line item in the accompanying consolidated statement of operations for the six months ended June 30, 2024.

Ending balance related to professional fees and other is included in “Accounts payable and accrued expenses” in the accompanying consolidated balance sheets. The majority of charges are included within the “Operating, administrative, and other” line item in the accompanying consolidated statement of operations for the six months ended June 30, 2024.