Charges for restructuring programs and asset related charges, which include other asset impairments, were $19 million and $423 million for the three and six months ended June 30, 2020 ($137 million and $208 million for the three and six months ended June 30, 2019). These charges were recorded in "Restructuring and asset related charges - net" in the interim Consolidated Statements of Operations. The total liability related to restructuring programs was $164 million at June 30, 2020 ($162 million at December 31, 2019). Restructuring activity consists of the following:

In the first quarter of 2020, the Company approved restructuring actions designed to capture near-term cost reductions and to further simplify certain organizational structures in anticipation of the expected closure of the Intended N&B Transaction (the "2020 Restructuring Program").



	Three Months Ended June 30, 2020		Six Months Ended June 30, 2020
In millions	Three Months Ended June 30, 2020		Six Months Ended June 30, 2020
Severance and related benefit costs	$	6	$	102
Asset related charges	9		24
Total restructuring and asset related charges - net	$	15	$	126



2020 Restructuring Program Charges (Credits) by Segment	Three Months Ended June 30, 2020			Six Months Ended June 30, 2020
In millions	Three Months Ended June 30, 2020			Six Months Ended June 30, 2020
Electronics & Imaging	$	—		$	4
Nutrition & Biosciences	1			7
Transportation & Industrial	(3		)	21
Safety & Construction	2			22
Non-Core	—			—
Corporate	15			72
Total	$	15		$	126



2020 Restructuring Program	Severance and Related Benefit Costs			Asset Related Charges			Total
In millions	Severance and Related Benefit Costs			Asset Related Charges			Total
Year-to-date restructuring charges	$	102		$	24		$	126
Charges against the reserve	—			(24		)	(24		)
Cash payments	(21		)	—			(21		)
Reserve balance at June 30, 2020	$	81		$	—		$	81

At June 30, 2020, total liabilities related to the 2020 Restructuring Program were $81 million, recognized in "Accrued and other current liabilities" in the interim Condensed Consolidated Balance Sheets. The Company expects actions related to this program to be substantially complete by the end of 2020.

During the second quarter of 2019 and in connection with the ongoing integration activities, DuPont approved restructuring actions to simplify and optimize certain organizational structures following the completion of the Distributions (the "2019 Restructuring Program"). The Company has recorded pre-tax restructuring charges of $140 million inception-to-date, consisting of severance and related benefit costs of $106 million and asset related charges of $34 million.



	Three Months Ended June 30,					Six Months Ended June 30,
In millions	2020			2019		2020		2019
Severance and related benefit (credits) costs	$	(16	)	$	50	$	2	$	50
Asset related charges	—			3		—		3
Total restructuring and asset related (credits) charges - net	$	(16	)	$	53	$	2	$	53



2019 Restructuring Program (Credits) Charges by Segment	Three Months Ended June 30,					Six Months Ended June 30,
In millions	2020			2019		2020			2019
Electronics & Imaging	$	(3	)	$	7	$	(3	)	$	7
Nutrition & Biosciences	(3		)	14		(3		)	14
Transportation & Industrial	(8		)	12		(7		)	12
Safety & Construction	(14		)	17		(14		)	17
Non-Core	—			—		—			—
Corporate	12			3		29			3
Total	$	(16	)	$	53	$	2		$	53



2019 Restructuring Program	Severance and Related Benefit Costs
In millions	Severance and Related Benefit Costs
Reserve balance at December 31, 2019	$	86
Year-to-date restructuring charges	2
Non-cash compensation	(6		)
Cash payments	(40		)
Reserve balance at June 30, 2020	$	42

At June 30, 2020, total liabilities related to the 2019 Restructuring Program were $42 million, recognized in "Accrued and other current liabilities" ($86 million at December 31, 2019) in the interim Condensed Consolidated Balance Sheets. The 2019 Restructuring Program is considered substantially complete at June 30, 2020.

In September and November 2017, the Company approved post-merger restructuring actions under the DowDuPont Cost Synergy Program, which was designed to integrate and optimize the organization following the Merger and in preparation for the Distributions. The portions of the charges, costs and expenses attributable to integration and optimization within the Agriculture and Materials Science Divisions are reflected in discontinued operations. The Company has recorded pre-tax restructuring charges attributable to the continuing operations of DuPont of $489 million inception-to-date, consisting of severance and related benefit costs of $213 million, asset related charges of $209 million and contract termination and other charges of $67 million.



	Three Months Ended June 30,					Six Months Ended June 30,
In millions	2020			2019		2020			2019
Severance and related benefit (credits) costs	$	(2	)	$	6	$	(2	)	$	49
Contract termination and other charges	1			—		6			16
Asset related charges	—			16		—			29
Total restructuring and asset related (credits) charges - net ¹	$	(1	)	$	22	$	4		$	94

1. The charge for the three and six months ended June 30, 2019 includes $21 million and $92 million which was recognized in "Restructuring and asset related charges - net" and $1 million and $2 million which was recognized in "Equity in earnings of nonconsolidated affiliates" in the interim Consolidated Statements of Operations.



DowDuPont Cost Synergy Program Charges (Credits) by Segment	Three Months Ended June 30,					Six Months Ended June 30,
In millions	2020			2019		2020			2019
Electronics & Imaging	$	—		$	—	$	—		$	—
Nutrition & Biosciences	—			8		—			35
Transportation & Industrial	1			—		1			—
Safety & Construction	—			3		5			5
Non-Core	—			1		—			—
Corporate	(2		)	10		(2		)	54
Total	$	(1	)	$	22	$	4		$	94



DowDuPont Cost Synergy Program	Severance and Related Benefit Costs			Contract Termination Charges			Total
In millions	Severance and Related Benefit Costs			Contract Termination Charges			Total
Reserve balance at December 31, 2019	$	74		$	2		$	76
Year-to-date restructuring (credits) charges	(2		)	6			4
Charges against the reserve	—			(1		)	(1		)
Cash payments	(36		)	(2		)	(38		)
Reserve balance at June 30, 2020	$	36		$	5		$	41

At June 30, 2020, total liabilities related to the DowDuPont Cost Synergy Program were $41 million, recognized in "Accrued and other current liabilities" ($76 million at December 31, 2019) in the interim Condensed Consolidated Balance Sheets. The DowDuPont Cost Synergy Program is considered substantially complete at June 30, 2020.

In the second quarter of 2020, the Company recorded a $21 million pre-tax impairment charge related to indefinite-lived intangible assets within the Transportation & Industrial segment. This charge was recorded within “Restructuring and asset related charges - net” in the interim Consolidated Statements of Operations for the three and six months ended June 30, 2020. See Note 11 for further discussion.

The Company reviews and evaluates its long-lived assets for impairment when events and changes in circumstances indicate that the related carrying amount of such assets may not be recoverable and may exceed their fair value. For purposes of determining impairment, assets are grouped at the lowest level for which identifiable cash flows are largely independent of the cash flows of other groups of assets and liabilities.

In the first quarter of 2020, expectations of proceeds related to certain potential divestitures within the Non-Core segment gave rise to fair value indicators and, thus, triggering events requiring the Company to perform a recoverability assessment related to its biomaterials business unit. The Company performed a long-lived asset impairment test and determined that, based on undiscounted cash flows, the carrying amount of certain long-lived assets was not recoverable. Accordingly, the Company estimated the fair value of these assets using a market approach utilizing Level 3 unobservable inputs. As a result, the Company recognized a $270 million pre-tax impairment charge recorded within “Restructuring and asset related charges - net” in the interim Consolidated Statements of Operations for the six months ended June 30, 2020 with the charge impacting definite-lived intangible assets and property, plant, and equipment.