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Restructuring and Other Charges (Income) (Tables)
3 Months Ended
Mar. 31, 2025
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 March 31,
(in Millions)20252024
Restructuring charges$13.6 $33.7 
Other charges (income), net4.2 7.2 
Total restructuring and other charges (income)$17.8 $40.9 
Schedule of Restructuring Charges and Asset Disposals
Restructuring Charges
(in Millions)
Severance and Employee Benefits
Other Charges (Income) (1)
Asset Disposal Charges (Income) (2)
Total
Project Focus$4.2 $6.6 $3.1 $13.9 
Other items(0.4)0.1 — (0.3)
Three Months Ended March 31, 2025$3.8 $6.7 $3.1 $13.6 
Project Focus18.9 12.2 2.3 33.4 
Other items— 0.3 — 0.3 
Three Months Ended March 31, 2024$18.9 $12.5 $2.3 $33.7 
____________________ 
(1)Primarily represents other charges associated with restructuring activities, including third-party costs. 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 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.
Schedule of Restructuring Reserve Rollforward
The following table shows a roll forward of restructuring reserves that will result in cash spending. These amounts exclude accelerated depreciation on fixed assets, asset impairment charges and asset retirement obligations.
(in Millions)
Balance at
December 31, 2024 (6)
Change in
reserves (4)
Cash
payments
Other (5)
Balance at
March 31, 2025 (6)
Project Focus (1)
$146.9 $10.7 $(55.7)$— $101.9 
DuPont Crop restructuring (2)
3.0 — (0.3)— 2.7 
Other workforce related and facility shutdowns (3)
1.2 (0.3)(0.3)— 0.6 
Total$151.1 $10.4 $(56.3)$ $105.2 
____________________ 
(1)Relates to the global restructuring plan initiated in 2023. The opening reserve consists primarily of contract abandonment charges recorded during 2024 resulting from the reorganization of our supply chain footprint.
(2)Represents remaining cash spending on facility separation costs associated with DuPont Crop restructuring activities.
(3)Includes exit costs related to workforce reductions and facility shutdowns on previously implemented restructuring initiatives.
(4)Primarily consists of severance and employee separation costs and third-party provider fees.
(5)Primarily comprised of foreign currency translation and other non-cash adjustments.
(6)Included in "Accrued and other liabilities" and "Other long-term liabilities" on the consolidated balance sheets.
Schedule of Other Charges (Income), Net
Other charges (income), net
 Three Months Ended March 31,
(in Millions)20252024
Environmental charges, net$3.5 $3.3 
Other items, net0.7 3.9 
Other charges (income), net$4.2 $7.2