XML 50 R34.htm IDEA: XBRL DOCUMENT v3.20.2
RESTRUCTURING AND ASSET RELATED CHARGES - NET (Tables)
 6 Months Ended
Jun. 30, 2020
2020 Restructuring Program [Member]  
Restructuring Cost and Reserve [Line Items]  
Restructuring Charges
 
Three Months Ended June 30, 2020
Six Months Ended June 30, 2020
In millions
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
Electronics & Imaging
$
—

$
4

Nutrition & Biosciences
1

7

Transportation & Industrial
(3
)
21

Safety & Construction
2

22

Non-Core
—

—

Corporate 
15

72

Total
$
15

$
126
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
The following table summarizes the activities related to the 2020 Restructuring Program:
2020 Restructuring Program
Severance and Related Benefit Costs
Asset Related Charges
Total
In millions
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
2019 Restructuring Program [Domain]  
Restructuring Cost and Reserve [Line Items]  
Restructuring Charges
The following table summarizes the charges incurred related to the 2019 Restructuring Program for the three and six months ended June 30, 2020 and 2019:
 
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
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
The following table summarizes the activities related to the 2019 Restructuring Program:
2019 Restructuring Program
Severance and Related Benefit Costs
In millions
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
DowDuPont Cost Synergy Program [Member]  
Restructuring Cost and Reserve [Line Items]  
Restructuring Charges
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


The following tables summarize the charges incurred related to the DowDuPont Cost Synergy Program:
 
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.

Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
The following table summarizes the activities related to the DowDuPont Cost Synergy Program:
DowDuPont Cost Synergy Program
Severance and Related Benefit Costs
Contract Termination Charges
Total
In millions
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