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Restructuring and Other Charges (Income)
 9 Months Ended
Sep. 30, 2025
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)2025202420252024
Restructuring charges$49.9 $15.7 $76.5 $133.2 
Other charges (income), net244.6 6.9 272.5 25.4 
Total restructuring and other charges (income)$294.5 $22.6 $349.0 $158.6 
Restructuring charges
For detail on restructuring activities that commenced prior to 2025, see Note 7 to our consolidated financial statements included within our 2024 Form 10-K.
Restructuring Charges
(in Millions)
Severance and Employee Benefits
Other Charges (Income) (1)
Asset Disposal Charges (Income) (2)
Total
Project Focus$6.7 $8.0 $35.0 $49.7 
Other items— 0.2 — 0.2 
Three Months Ended September 30, 2025$6.7 $8.2 $35.0 $49.9 
Project Focus$7.0 $5.4 $6.2 $18.6 
Other items— (2.9)— (2.9)
Three Months Ended September 30, 2024$7.0 $2.5 $6.2 $15.7 
Project Focus$16.3 $19.5 $40.6 $76.4 
Other items(0.4)0.5 — 0.1 
Nine Months Ended September 30, 2025$15.9 $20.0 $40.6 $76.5 
Project Focus$44.5 $24.1 $67.7 $136.3 
Other items— (3.1)— (3.1)
Nine Months Ended September 30, 2024$44.5 $21.0 $67.7 $133.2 
____________________ 
(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. The three and nine months ended September 30, 2024 includes a $3.1 million gain recognized on the disposition of a previously closed manufacturing site.
(2)Primarily represents asset write-offs (recoveries) 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.

Project Focus
We previously implemented a global restructuring plan, referred to as "Project Focus," designed to right-size our cost base and optimize our footprint and organizational structure in light of the precipitous drop in demand across the crop protection market in 2023. During the nine months ended September 30, 2025, charges incurred related to Project Focus include $34.8 million of charges recorded in connection with a shutdown of a product line at one of our manufacturing locations, which includes $27.5 million of abandonment charges on assets identified for disposal. Additionally, we recorded other Project Focus-related charges during the period including $15.0 million of professional service provider costs and other miscellaneous charges, $13.5 million of severance and employee separation costs, and write-offs of $13.1 million on assets identified for disposal. The charges incurred during the nine months ended September 30, 2025 are included in the total estimated range for Project Focus. See Note 7 to our consolidated financial statements in our 2024 Form 10-K for details of the costs previously incurred for Project Focus. The remaining amounts will be reflected in our consolidated results of operations as they become probable and estimable or a triggering event is identified in accordance with the relevant accounting guidance.
Roll forward of restructuring reserves
The following table shows a roll forward of restructuring reserves that will result in cash spending. These amounts exclude write-offs of fixed assets, asset impairment charges and asset retirement obligations.
(in Millions)
Balance at
December 31, 2024 (5)
Change in
reserves (4)
Cash
payments
Balance at
September 30, 2025 (5)
Project Focus (1)
$146.9 $35.7 $(77.0)$105.6 
DuPont Crop restructuring (2)
3.0 — 0.1 3.1 
Other workforce related and facility shutdowns (3)
1.2 0.2 (0.7)0.7 
Total$151.1 $35.9 $(77.6)$109.4 
____________________ 
(1)Relates to the global restructuring plan initiated in 2023. The 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)Included in "Accrued and other liabilities" and "Other long-term liabilities" on the consolidated balance sheets.

Other charges (income), net
 Three Months Ended September 30,Nine Months Ended September 30,
(in Millions)2025202420252024
Environmental charges, net$4.9 $4.8 $15.8 $13.8 
India held for sale business227.4 — 227.4 — 
Currency related matters7.7 — 7.7 — 
Furadan ® product exit— — 11.9 — 
Other items, net4.6 2.1 9.7 11.6 
Other charges (income), net$244.6 $6.9 $272.5 $25.4 
Environmental charges, net
Environmental charges represent the net charges associated with environmental remediation at continuing operating sites. See Note 11 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.
India held for sale business
In July 2025, the Board of Directors approved a plan to divest the Company’s commercial business in India in response to ongoing commercial challenges in the country. The sale process is underway and is expected to conclude within the next twelve months; and, therefore, the assets related to this business are classified as held for sale beginning in the third quarter of 2025. Following the commercial adjustments mentioned in Note 1 to the consolidated financial statements, we evaluated the remaining carrying value of the net assets associated with the business. The difference between the adjusted carrying value and the estimated fair value, less costs to sale, was recorded as an impairment charge of $226.8 million. During the nine months ended September 30, 2025, we also incurred $0.6 million in charges for third party provider costs in connection with preparing the India business for sale. Refer to Note 1 for further details on the India held for sale business.
Currency related matters
During the nine months ended September 30, 2025, we incurred $7.7 million in currency related charges driven by substantial actions implemented by the Argentine Government during the third quarter of 2025.
Furadan ® product exit
During the nine months ended September 30, 2025, we recorded a charge of $11.9 million due to changes in our estimate for Furadan® disposal costs at our Middleport site.