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Restructuring and Asset Related Charges
 3 Months Ended
Mar. 31, 2019
Restructuring and Related Activities [Abstract]  
Restructuring and Related Activities Disclosure [Text Block]
RESTRUCTURING AND ASSET RELATED CHARGES - NET

DowDuPont Cost Synergy Program
In September and November 2017, DowDuPont and the company approved post-merger restructuring actions under the DowDuPont Cost Synergy Program (the “Synergy Program”), adopted by the DowDuPont Board of Directors. The Synergy Program is designed to integrate and optimize the organization following the Merger and in preparation for the Intended Business Separations. Based on all actions approved to date under the Synergy Program, Historical DuPont expects to record total pre-tax restructuring charges of $695 million to $755 million, comprised of approximately $420 million to $440 million of severance and related benefits costs; $125 million to $145 million of costs related to contract terminations; and $150 million to $170 million of asset related charges.

The below is a summary of charges incurred related to the Synergy Program for the three months ended March 31, 2019 and 2018:
 
Three Months Ended March 31,
(In millions)
2019
2018
Severance and related benefit costs
$
40

$
68

Contract termination charges
—

29

Asset related charges
16

—

Total restructuring and asset related charges - net1
$
56

$
97

1. 
The charge for the three months ended March 31, 2019 includes $55 million which was recognized in restructuring and asset related charges - net and $1 million which was recognized in sundry income - net in the company's Condensed Consolidated Statement of Operations.

Historical DuPont recorded pre-tax restructuring charges of $565 million inception-to-date under the Synergy Program, consisting of severance and related benefit costs of $412 million, contract termination costs of $71 million, and asset write-downs and write-offs of $82 million. Actions associated with the Synergy Program, including employee separations, are expected to be substantially complete by the end of 2019.

Historical DuPont account balances and activity for the Synergy Program are summarized below:
(In millions)
Severance and Related Benefit Costs
Contract Termination Charges
Asset Related Charges
Total
Balance at December 31, 2018
$
229

$
18

$
—

$
247

Charges to income from continuing operations for the three months ended March 31, 2019
40

—

16

56

Payments
(43
)
(7
)
—

(50
)
Asset write-offs
—

—

(15
)
(15
)
Balance at March 31, 2019
$
226

$
11

$
1

$
238



DowDuPont Agriculture Division Restructuring Program
The company expects to record total pre-tax charges of approximately $65 million, comprised of approximately $55 million of severance and related benefits costs; $8 million of asset related charges, and $2 million of costs related to contract terminations, related to the DowDuPont Agriculture Division Restructuring Program.

From inception-to-date, Historical DuPont has recorded total pre-tax restructuring charge of $62 million, comprised of $54 million of severance and related benefit costs and $8 million of asset related charges. For the three months ended March 31, 2019, Historical DuPont recorded a pre-tax charge of $3 million for asset related charges in restructuring and asset related charges - net in the company's interim Consolidated Statement of Operations. The company expects actions related to this program to be substantially complete by mid-2019.

Historical DuPont account balances and activity for the DowDuPont Agriculture Division Restructuring Program are summarized below:
(In millions)
Severance and Related Benefit Costs
Asset Related Charges
Total
Balance at December 31, 2018
$
54

$
—

$
54

Charges to income from continuing operations for the three months ended March 31, 2019
—

3

3

Payments
(7
)
—

(7
)
Asset write-offs
—

(3
)
(3
)
Balance at March 31, 2019
$
47

$
—

$
47