The Company is increasing the amount it expects to realize in cost savings by $20 million to $120 million in 2024. The Company expects its Free Cash Flow excluding one-time items to be approximately $100 million in 2024. The one-time items are now estimated to be approximately $60 million, and consist of a $20 million payment towards our antitrust litigation settlement and approximately $40 million for a 1999 Cendant legacy tax matter. We previously estimated one time items at over $100 million for 2024. The antitrust litigation settlement totaled $83.5 million, $10 million of which was paid in the fourth quarter of 2023 and $20 million of which was paid in the second quarter of 2024. The remaining $53.5 million will be due when appeals are resolved, the timing of which is uncertain and which we have assumed will not occur in 2024. The approximately $40 million 1999 Cendant legacy tax matter will be due once statutory notice is received, which we have assumed will occur in 2024.
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