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Restructuring and Other Charges (Income) (Tables) | 6 Months Ended
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Jun. 30, 2016
Restructuring and Related Activities [Abstract] |
Schedule of restructuring and other charges (income) | Our restructuring and other charges (income) are comprised of restructuring, asset disposals and other charges (income) as noted below:
| Three Months Ended June 30 |  | Six Months Ended June 30
(in Millions) | 2016 |  | 2015 |  | 2016 |  | 2015
Restructuring charges and asset disposals | $ | 9.1 |  |  | $ | 6.8 |  |  | $ | 12.3 |  |  | $ | 12.2 |
Other charges (income), net | 3.2 |  |  | 3.5 |  |  | 12.4 |  |  | 20.4 |
Total restructuring and other charges | $ | 12.3 |  |  | $ | 10.3 |  |  | $ | 24.7 |  |  | $ | 32.6 |
Schedule of restructuring charges and asset disposals |
|  | Restructuring Charges
(in Millions) |  | Severance and Employee Benefits (1) |  | Other Charges (Income) (2) |  | Asset Disposal Charges (3) |  | Total
Cheminova Restructuring |  | $ | 3.2 |  |  | $ | 1.4 |  |  | $ | 1.3 |  |  | $ | 5.9 |
Other Items |  | 0.6 |  |  | — |  |  | 2.6 |  |  | 3.2 |
Three months ended June 30, 2016 |  | $ | 3.8 |  |  | $ | 1.4 |  |  | $ | 3.9 |  |  | $ | 9.1 |
Cheminova Restructuring |  | $ | 4.4 |  |  | $ | 0.3 |  |  | $ | 0.1 |  |  | $ | 4.8 |
Health and Nutrition Restructuring |  | 0.8 |  |  | — |  |  | 1.0 |  |  | 1.8 |
Other Items |  | — |  |  | 0.2 |  |  | — |  |  | 0.2 |
Three months ended June 30, 2015 |  | $ | 5.2 |  |  | $ | 0.5 |  |  | $ | 1.1 |  |  | $ | 6.8 |
Cheminova Restructuring |  | $ | 5.1 |  |  | $ | 1.3 |  |  | $ | 2.5 |  |  | $ | 8.9 |
Other Items |  | 0.4 |  |  | 0.4 |  |  | 2.6 |  |  | 3.4 |
Six months ended June 30, 2016 |  | $ | 5.5 |  |  | $ | 1.7 |  |  | $ | 5.1 |  |  | $ | 12.3 |
Cheminova Restructuring |  | $ | 4.4 |  |  | $ | 0.3 |  |  | $ | 0.1 |  |  | $ | 4.8 |
Health and Nutrition Restructuring |  | 1.6 |  |  | 0.1 |  |  | 2.2 |  |  | 3.9 |
Other Items |  | 3.6 |  |  | (0.1 | ) |  | — |  |  | 3.5 |
Six months ended June 30, 2015 |  | $ | 9.6 |  |  | $ | 0.3 |  |  | $ | 2.3 |  |  | $ | 12.2 |
____________________
(1) | Represents severance and employee benefit charges. Income represents adjustments to previously recorded severance and employee benefits.
(2) | Primarily represents costs associated with lease payments, contract terminations, and other miscellaneous exit costs. Other Income primarily represents favorable developments on previously recorded exit costs as recoveries associated with restructuring.
(3) | Primarily represents accelerated depreciation and impairment charges on long-lived assets, which were or are to be abandoned. To the extent incurred the acceleration effect of re-estimating settlement dates and revised cost estimates associated with asset retirement obligations due to facility shutdowns are also included within the asset disposal charges.
Restructuring reserve rollforward | The following table shows a roll forward of restructuring reserves, continuing and discontinued, that will result in cash spending. These amounts exclude asset retirement obligations.
(in Millions) | Balance at 12/31/15 (3) |  | Change in reserves (2) |  | Cash payments |  | Other |  | Balance at 6/30/16 (3)
Cheminova Restructuring | $ | 8.7 |  |  | $ | 6.4 |  |  | $ | (9.9 | ) |  | $ | (4.2 | ) |  | $ | 1.0 |
Other Workforce Related and Facility Shutdowns (1) | 6.5 |  |  | 0.8 |  |  | (3.7 | ) |  | (0.3 | ) |  | 3.3 |
Restructuring activities related to discontinued operations (4) | 0.4 |  |  | — |  |  | — |  |  | — |  |  | 0.4 |
Total | $ | 15.6 |  |  | $ | 7.2 |  |  | $ | (13.6 | ) |  | $ | (4.5 | ) |  | $ | 4.7 |
____________________
(1) | Primarily severance costs related to workforce reductions and facility shutdowns noted in the "Other Items" sections above.
(2) | Primarily severance, exited lease, contract termination and other miscellaneous exit costs. Any accelerated depreciation and impairment charges noted above that impacted our property, plant and equipment balances and are not included in the above tables.
(3) | Included in "Accrued and other liabilities" on the condensed consolidated balance sheets.
(4) | Cash spending associated with restructuring activities of discontinued operations is reported within "Other discontinued reserves" on the condensed consolidated statements of cash flows.
Schedule of other charges (income), net | Other charges (income), net
| Three Months Ended June 30 |  | Six Months Ended June 30
(in Millions) | 2016 |  | 2015 |  | 2016 |  | 2015
Environmental charges, net | $ | 2.5 |  |  | $ | 3.5 |  |  | $ | 9.1 |  |  | $ | 5.4 |
Argentina devaluation | — |  |  | — |  |  | 4.2 |  |  | — |
Other items, net | 0.7 |  |  | — |  |  | (0.9 | ) |  | 15.0 |
Other charges (income), net | $ | 3.2 |  |  | $ | 3.5 |  |  | $ | 12.4 |  |  | $ | 20.4 |

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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140864-122747 + Details
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747 + Details
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