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Restructuring and Asset Related Charges (Tables)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2024
Jun. 30, 2023
2022 Restructuring Actions      
Restructuring Cost and Reserve [Line Items]      
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]  
(In millions)Severance and Related Benefit CostsAsset Related
Contract Termination1
Total
Balance at December 31, 2023$48 $$$58 
Charges to income from continuing operations— (2)— (2)
Payments(16)— (14)
Balance at June 30, 2024$32 $$$42 
1.The liability for contract terminations includes lease obligations.
Three Months Ended June 30,Six Months Ended June 30,
(In millions)2024202320242023
Severance and related benefit costs1
$— $— $— $
Asset related charges(2)(2)11 
Contract termination charges3
— — 
Total restructuring and asset related charges - net2,3
$(2)$$(2)$18 
1.Reflects corporate-related charges.
2.The three and six months ended June 30, 2024, reflects a benefit of $(2) million associated with sales of inventory previously reserved for impacting the Seed segment. The three and six months ended June 30, 2023 reflects charges of $3 million and $9 million, respectively, impacting the Seed segment, and $4 million and $5 million, respectively, impacting the Crop Protection segment.
3.This amount excludes other pre-tax charges recorded during the three and six months ended June 30, 2024 and 2023 impacting the Seed segment included in cost of goods sold and other income (expense) – net, in the company’s interim Consolidated Statement of Operations, relating to inventory write-offs and a loss on the sale of the company's interest in an equity investment. See Note 18 - Segment Information, to the interim Consolidated Financial Statements, for additional information.
Crop Protection Strategy Operations Program [Member]      
Restructuring Cost and Reserve [Line Items]      
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
(In millions)Three Months Ended June 30, 2024Six Months Ended June 30, 2024
Severance and related benefit costs1
$27 $41 
Asset related charges2
32 73
Total restructuring and asset related charges - net$59 $114 
1.Reflects corporate-related charges.
2.Reflects charges associated with the Crop Protection segment.

A reconciliation of the December 31, 2023 to the June 30, 2024 liability balances related to the Crop Protection Operations Strategy Restructuring Program is summarized below:
(In millions)Severance and Related Benefit CostsAsset RelatedTotal
Balance at December 31, 2023$— $— $— 
Charges to income from continuing operations41 73 114 
Asset write-offs— (73)(73)
Balance at June 30, 2024$41 $— $41