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Restructuring and Asset Related Charges
 3 Months Ended
Mar. 31, 2022
Restructuring and Related Activities [Abstract]  
Restructuring and Related Activities Disclosure [Text Block] RESTRUCTURING AND ASSET RELATED CHARGES - NET
2021 Restructuring Actions
During the first quarter of 2021, Corteva approved restructuring actions designed to right-size and optimize its footprint and organizational structure according to the business needs in each region with the focus on driving continued cost improvement and productivity. Through the first quarter of 2022, the company recorded net pre-tax restructuring charges of $165 million inception-to-date under the 2021 Restructuring Actions, consisting of $76 million of severance and related benefit costs, $44 million of asset related charges, $6 million of asset retirement obligations and $39 million of costs related to contract terminations (contract terminations includes early lease terminations). The company does not anticipate any additional material charges from the 2021 Restructuring Actions as actions associated with this charge were substantially complete by the end of 2021.

The charges related to the 2021 Restructuring Actions related to the segments, as well as corporate expenses, were as follows:
Three Months Ended March 31,
(In millions)20222021
Seed$(2)$14 
Crop Protection(2)28 
Corporate expenses2 47 
Total$(2)$89 

The following table is a summary of charges incurred related to 2021 Restructuring Actions for the three months ended March 31, 2022 and 2021:
Three Months Ended March 31,
(In millions)20222021
Severance and related benefit costs$2 $39 
Asset related charges(1)13 
Contract termination charges(3)37 
Total restructuring and asset related charges - net$(2)$89 

A reconciliation of the December 31, 2021 to the March 31, 2022 liability balances related to the 2021 Restructuring Actions is summarized below:
(In millions)Severance and Related Benefit Costs
Asset Related1
Contract Termination2
Total
Balance at December 31, 2021$52 $— $12 $64 
Charges to income (loss) from continuing operations2 (1)(3)(2)
Payments(19)— (4)(23)
Asset write-offs— 1 — 1 
Balance at March 31, 2022$35 $— $5 $40 
1.In addition, the company has a liability recorded for asset retirement obligations of $6 million as of March 31, 2022.
2.The liability for contract terminations includes lease obligations. The cash impact of these obligations will be substantially complete by the end of 2022.

Other Asset Related Charges
During the three months ended March 31, 2022 and 2021, the company recognized $6 million and $7 million, respectively, in restructuring and asset related charges - net in the interim Consolidated Statements of Operations, from non-cash accelerated prepaid royalty amortization expense related to Roundup Ready 2 Yield® and Roundup Ready 2 Xtend® herbicide tolerance traits.