In the June quarter of fiscal 2023, we announced an initiative to streamline our cost structure while continuing to invest in our high-return commercial and operational excellence initiatives. Total restructuring and related charges for this program of $7.4 million, compared to a target of approximately $20 million, were recorded through June 30, 2023, consisting of $6.0 million in Metal Cutting and $1.4 million in Infrastructure. The majority of the remaining charges are expected to be recognized in fiscal 2024.

In the September quarter of fiscal 2020, we announced the initiation of restructuring actions in Germany associated with our simplification/modernization initiative to reduce structural costs. Subsequently, we agreed with local employee representatives to downsize our Essen, Germany operations instead of the previously proposed closure. During the June quarter of fiscal 2020, we also announced the acceleration of our other structural cost reduction plans.

Total restructuring and related charges since inception of $86.4 million, compared to a target of approximately $85 million, were recorded for this program through June 30, 2022, consisting of: $78.1 million in Metal Cutting and $8.3 million in Infrastructure. The FY21 Restructuring Actions are considered complete.

During 2023, we recorded restructuring and related charges of $6.6 million, which consisted of $5.3 million in Metal Cutting and $1.3 million in Infrastructure. These amounts are inclusive of a reversal of restructuring charges of $0.8 million related to prior actions. Also included in restructuring and other charges, net during 2023 is a net benefit of $2.5 million primarily due to the sale of properties.

During 2022, we recorded restructuring and related charges of $4.2 million, which consisted of $3.6 million in Metal Cutting and $0.6 million in Infrastructure. Of this amount, a net benefit from the reversal of restructuring charges totaled $1.2 million and restructuring-related charges of $5.5 million were included in cost of goods sold.

During 2021, we recorded restructuring and related charges of $40.4 million which consisted of $35.6 million in Metal Cutting and $4.8 million in Infrastructure. Of this amount, restructuring charges totaled $29.6 million, of which $0.5 million was related to inventory and was recorded in cost of goods sold. Restructuring-related charges of $10.8 million were included in cost of goods sold.

As of June 30, 2023, $9.4 million of the restructuring accrual is recorded in other current liabilities and $0.5 million is recorded in other liabilities in our consolidated balance sheet. As of June 30, 2022, $6.0 million of the restructuring accrual is recorded in other current liabilities and $1.9 million is recorded in other liabilities in our consolidated balance sheet. The amounts are as follows:


(in thousands)	June 30, 2022		Expense		Asset Write-Down		Translation		Cash Expenditures		June 30, 2023
Severance	$	7,919	$	6,605	$	—	$	29	$	(4,668)	$	9,885


Total	7,919		6,605		—		29		(4,668)		9,885


(in thousands)	June 30, 2021		(Reversal) expense, net		Asset Write-Down		Translation		Cash Expenditures		June 30, 2022
Severance	$	29,723	$	(4,628)	$	—	$	(1,772)	$	(15,404)	$	7,919
Facilities	—		3,385		(3,385)		—		—		—

Total	29,723		(1,243)		(3,385)		(1,772)		(15,404)		7,919