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Restructuring and Other Charges (Income) | 3 Months Ended
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Mar. 31, 2017
Restructuring and Related Activities [Abstract] |
Restructuring and Other Charges (Income) | 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 March 31
(in Millions) | 2017 |  | 2016
Restructuring charges and asset disposals | $ | — |  |  | $ | 3.0 |
Other charges (income), net | 8.3 |  |  | 6.5 |
Total restructuring and other charges | $ | 8.3 |  |  | $ | 9.5 |
Restructuring charges and asset disposals There were no restructuring charges or asset disposal activities in our continuing operations during the three months ended March 31, 2017. For detail on restructuring activities which commenced prior to 2017, see Note 7 to our consolidated financial statements included with our 2016 Form 10-K.
| Restructuring Charges
(in Millions) | Severance and Employee Benefits (1) |  | Asset Disposal Charges (2) |  | Total
Cheminova restructuring | $ | 1.8 |  |  | $ | 1.2 |  |  | $ | 3.0 |
Three months ended March 31, 2016 | $ | 1.8 |  |  | $ | 1.2 |  |  | $ | 3.0 |
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(1) | Represents severance and employee benefit charges. Income represents adjustments to previously recorded severance and employee benefits.
(2) | 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.
Roll forward of restructuring reserves 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 12/31/16 (3) |  | Change in reserves (4) |  | Cash payments |  | Other |  | Balance at 3/31/17 (3)
Cheminova restructuring | $ | 11.1 |  |  | $ | — |  |  | $ | (2.0 | ) |  | $ | 0.2 |  |  | $ | 9.3 |
Other workforce related and facility shutdowns (1) | 1.4 |  |  | — |  |  | (0.1 | ) |  | — |  |  | 1.3 |
Restructuring activities related to discontinued operations (2) | 3.4 |  |  | 1.9 |  |  | (4.9 | ) |  | — |  |  | 0.4 |
Total | $ | 15.9 |  |  | $ | 1.9 |  |  | $ | (7.0 | ) |  | $ | 0.2 |  |  | $ | 11.0 |
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(1) | Primarily severance costs related to workforce reductions and facility shutdowns.
(2) | Cash spending associated with restructuring activities of discontinued operations is reported within "Other discontinued reserves" on the condensed consolidated statements of cash flows.
(3) | Included in "Accrued and other liabilities" on the condensed consolidated balance sheets.
(4) | 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 or other long term assets and are not included in the above tables.
Other charges (income), net
| Three Months Ended March 31
(in Millions) | 2017 |  | 2016
Environmental charges, net | $ | 2.3 |  |  | $ | 6.6 |
Argentina devaluation | — |  |  | 4.2 |
Other items, net | 6.0 |  |  | (4.3 | )
Other charges (income), net | $ | 8.3 |  |  | $ | 6.5 |
Environmental charges, net Environmental charges represent the net charges associated with environmental remediation at continuing operating sites. See Note 11 for additional details. Argentina Devaluation On December 17, 2015, the Argentina government initiated actions to significantly devalue its currency. These actions continued into a portion of first quarter of 2016. These actions created an immediate loss associated with the impacts of the remeasurement of our local balance sheet. The loss was attributable to our Lithium and Agricultural Solutions operations. Because of the severity of the event and its immediate impact to our operations in the country, the charge associated with the remeasurement was included within restructuring and other charges in our condensed consolidated income statement during the period. We believe these actions have ended and do not expect further charges for remeasurement to be included within restructuring and other charges. Other items, Net Other items, net for the three months ended March 31, 2017 primarily relate to exit costs resulting from the termination and deconsolidation of our interest in a variable interest entity that was previously consolidated and was part of our our FMC Agricultural Solutions segment.

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- Definition This describes the aggregate amount provided for estimated restructuring charges, remediation costs, gains on sale of assets, in process research and development acquired as part of an asset acquisition, asset impairment losses and other miscellaneous charges to income during an accounting period. Generally, these items are either unusual or infrequent, but not both (in which case they would be extraordinary items). + References No definition available. + Details
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