XML 32 R20.htm IDEA: XBRL DOCUMENT
v3.20.2

Restructuring and Other Charges (Income) | 9 Months Ended
--- | ---
Sep. 30, 2020
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 September 30, |  | Nine Months Ended September 30,
(in Millions) | 2020 |  | 2019 |  | 2020 |  | 2019
Restructuring charges | $ | 6.9 |  |  | $ | 2.6 |  |  | $ | 29.7 |  |  | $ | 14.9 |
Other charges (income), net | 4.1 |  |  | 4.2 |  |  | 14.2 |  |  | 12.4 |
Total restructuring and other charges (income) | $ | 11.0 |  |  | $ | 6.8 |  |  | $ | 43.9 |  |  | $ | 27.3 |
Restructuring charges For detail on restructuring activities which commenced prior to 2020, see Note 9 to our consolidated financial statements included within our 2019 Form 10-K.
(in Millions) | Severance and Employee Benefits |  | Other Charges (Income) (1) |  | Asset Disposal Charges (Income) (2) |  | Total
DuPont Crop restructuring | $ | 0.3 |  |  | $ | 2.1 |  |  | $ | 4.0 |  |  | $ | 6.4 |
Other items | 0.5 |  |  | — |  |  | — |  |  | 0.5 |
Three Months Ended September 30, 2020 | $ | 0.8 |  |  | $ | 2.1 |  |  | $ | 4.0 |  |  | $ | 6.9 |
DuPont Crop restructuring | $ | 0.9 |  |  | $ | 1.3 |  |  | $ | 0.4 |  |  | $ | 2.6 |
Other items | — |  |  | — |  |  | — |  |  | — |
Three Months Ended September 30, 2019 | $ | 0.9 |  |  | $ | 1.3 |  |  | $ | 0.4 |  |  | $ | 2.6 |
DuPont Crop restructuring | $ | 9.1 |  |  | $ | 3.4 |  |  | $ | 17.1 |  |  | $ | 29.6 |
Other items | 0.5 |  |  | — |  |  | (0.4) |  |  | 0.1 |
Nine Months Ended September 30, 2020 | $ | 9.6 |  |  | $ | 3.4 |  |  | $ | 16.7 |  |  | $ | 29.7 |
DuPont Crop restructuring | $ | 5.4 |  |  | $ | 3.3 |  |  | $ | 4.5 |  |  | $ | 13.2 |
Other items | 1.7 |  |  | — |  |  | — |  |  | 1.7 |
Nine Months Ended September 30, 2019 | $ | 7.1 |  |  | $ | 3.3 |  |  | $ | 4.5 |  |  | $ | 14.9 |
____________________ (1)Primarily represents third-party costs associated with miscellaneous restructuring activities. Other income, if applicable, primarily represents favorable developments on previously recorded exit costs and recoveries associated with restructuring. (2)Primarily represents asset write-offs (recoveries) and accelerated depreciation 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. As discussed in Note 5 "Acquisitions", we completed the integration of the DuPont Crop Protection Business except for the completion of certain in-flight initiatives including DuPont Crop restructuring. We anticipate remaining restructuring charges related to DuPont Crop restructuring of approximately $5 million to $10 million primarily associated with accelerated depreciation on certain fixed assets, severance, and other costs as we exit certain facilities. 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 12/31/19 (3) |  | Change in reserves (4) |  | Cash payments (5) |  | Other |  | Balance at 9/30/20 (3)
DuPont Crop restructuring (1) | $ | 14.5 |  |  | $ | 12.5 |  |  | $ | (8.3) |  |  | $ | 0.3 |  |  | $ | 19.0 |
Other workforce related and facility shutdowns (2) | 0.1 |  |  | 0.5 |  |  | (0.2) |  |  | — |  |  | 0.4 |
Total | $ | 14.6 |  |  | $ | 13.0 |  |  | $ | (8.5) |  |  | $ | 0.3 |  |  | $ | 19.4 |
____________________ (1)Primarily consists of exit costs and severance associated with DuPont Crop restructuring activities. (2)Primarily severance costs related to workforce reductions and facility shutdowns. (3)Included in "Accrued and other liabilities" and "Other long-term 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 are not included in this table. (5)In addition to the spend above there was also $3.1 million of spending related to the Furadan® asset retirement obligation. Other charges (income), net
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in Millions) | 2020 |  | 2019 |  | 2020 |  | 2019
Environmental charges, net | $ | 4.0 |  |  | $ | 4.1 |  |  | $ | 13.7 |  |  | $ | 12.3 |
Product portfolio sales | — |  |  | 0.1 |  |  | — |  |  | 0.1 |
Other items, net | 0.1 |  |  | — |  |  | 0.5 |  |  | — |
Other charges (income), net | $ | 4.1 |  |  | $ | 4.2 |  |  | $ | 14.2 |  |  | $ | 12.4 |
Environmental charges, net Environmental charges represent the net charges associated with environmental remediation at continuing operating sites. See Note 13 for additional details. Environmental obligations for continuing operations primarily represent obligations at shut down or abandoned facilities within businesses that do not meet the criteria for presentation as discontinued operations.

X
- 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
Name: | fmc_RestructuringAndOtherChargesIncomeDisclosureTextBlock
Namespace Prefix: | fmc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration