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

DowDuPont Agriculture Division Restructuring Program
During the fourth quarter of 2018 and in connection with the ongoing integration activities, DowDuPont approved restructuring actions to simplify and optimize certain organizational structures in preparation for the Business Separations. From inception-to-date, the company has recorded total net pre-tax restructuring charges of $70 million, comprised of $61 million of severance and related benefit costs and $9 million of asset related charges. The actions related to this program are complete.

The DowDuPont Agriculture Division Restructuring Program (benefits) charges related to the segments, as well as corporate expenses, were as follows:
(In millions)
For the Year Ended December 31, 2019
For the Year Ended December 31, 2018
Seed
$
3

$
5

Crop Protection
(4
)
1

Corporate expenses
(13
)
78

Total
$
(14
)
$
84



The below is a summary of net (benefits) charges incurred related to the DowDuPont Agriculture Division Restructuring Program for the year ended December 31, 2019 and the year ended December 31, 2018:
(In millions)
For the Year Ended December 31, 2019
For the Year Ended December 31, 2018
Severance and related benefit (credits) costs - net
$
(17
)
$
78

Asset related charges
3

6

Total restructuring and asset related (benefits) charges - net
$
(14
)
$
84



Account balances and activity for the DowDuPont Agriculture Division Restructuring Program are summarized below:
(In millions)
Severance and Related Benefit (Credits) Costs
Asset Related Charges
Total
Balance at December 31, 2018
$
77

$
—

$
77

(Benefits) charges to loss from continuing operations for the year ended December 31, 2019
(17
)
3

(14
)
Payments
(45
)
—

(45
)
Asset write-offs
—

(3
)
(3
)
Separation adjustment1
(6
)
—

(6
)
Balance at December 31, 2019
$
9

$
—

$
9

1. Adjustment reflects severance liabilities associated with DAS employees who were terminated by Dow prior to Separation and were recognized within the Consolidated Balance Sheet, as of December 31, 2018, but did not transfer to Corteva as part of the common control combination.

DowDuPont Cost Synergy Program
In September and November 2017, DowDuPont and EID approved post-merger restructuring actions under the DowDuPont Cost Synergy Program (the “Synergy Program”), adopted at the time by the DowDuPont Board of Directors. The Synergy Program was designed to integrate and optimize the organization following the Merger and in preparation for the Business Separations. The company recorded net pre-tax restructuring charges of $845 million inception-to-date under the Synergy Program, consisting of severance and related benefit costs of $319 million, contract termination costs of $193 million, and asset related charges of $333 million. Actions associated with the Synergy Program, including employee separations, are substantially complete.

The Synergy Program net charges (benefits) related to the segments, as well as corporate expenses, were as follows:
 
Successor
(In millions)
For the Year Ended December 31, 2019
For the Year Ended December 31, 2018
For the Period September 1 through December 31, 2017
Seed
$
66

$
237

$
133

Crop Protection
27

57

(2
)
Corporate expenses
(1
)
190

138

Total
$
92

$
484

$
269



The below is a summary of net charges (benefits) incurred related to the Synergy Program for the year ended December 31, 2019, the year ended December 31, 2018, and the period September 1 through December 31, 2017:
 
Successor
(In millions)
For the Year Ended December 31, 2019
For the Year Ended December 31, 2018
For the Period September 1 through December 31, 2017
Severance and related benefit (credits) costs - net
$
(7
)
$
191

$
135

Contract termination charges
69

84

40

Asset related charges
30

209

94

Total restructuring and asset related charges - net
$
92

$
484

$
269



Account balances and activity for the Synergy Program are summarized below:
(In millions)
Severance and Related Benefit (Credits) Costs
Costs Associated with Exit and Disposal Activities1
Asset Related Charges
Total
Balance at December 31, 2018
$
154

$
61

$
—

$
215

(Benefits) charges to loss from continuing operations for the year ended December 31, 2019
(7
)
69

30

92

Payments
(118
)
(90
)
(1
)
(209
)
Asset write-offs
—

—

(29
)
(29
)
Balance at December 31, 2019
$
29

$
40

$
—

$
69

1. 
Relates primarily to contract terminations charges.

Asset Impairment
During the third and fourth quarters of 2019, the company recognized non-cash impairment charges of $54 million pre-tax ($41 million after-tax) and $90 million pre-tax ($69 million after-tax), respectively, in restructuring and asset related charges - net in the company's Consolidated Statements of Operations related to certain in-process research and development ("IPR&D") assets within the seed segment. Refer to Note 15 - Goodwill and Other Intangible Assets, and Note 23 - Fair Value Measurements, for further information.

During the third quarter of 2018, the company recognized an $85 million pre-tax ($66 million after-tax) non-cash impairment charge in restructuring and asset related charges - net in the company's Consolidated Statements of Operations related to certain IPR&D within the seed segment. Refer to Note 15 - Goodwill and Other Intangible Assets, and Note 23 - Fair Value Measurements, for further information.

In addition, based on updated projections for the company’s investments in nonconsolidated affiliates in China related to the seed segment, management determined the fair values of the investments in nonconsolidated affiliates were below the carrying values and had no expectation the fair values would recover due to the continuing unfavorable regulatory environment including lack of intellectual property protection, uncertain product registration timing and limited freedom to operate. As a result, management concluded the impairment was other than temporary and in the third quarter of 2018 recorded a non-cash impairment charge of $41 million in restructuring and asset related charges - net in the company's Consolidated Statements of Operations, none of which is tax-deductible. Refer to Note 23 - Fair Value Measurements, for further information.