Asset Impairment Charges And Exit Costs (Tables)

12 Months Ended

Jun. 30, 2012

Asset Impairment Charges And Exit Costs [Abstract]

	2012
	(In millions)

Employee-related costs ⁽¹⁾	$	71
Facility exit and other related costs ⁽²⁾		366
Total asset impairment, exit, and restructuring costs	$	437

⁽¹⁾These costs primarily consist of one-time termination benefits provided to employees who have been involuntarily terminated and $34 million for pension remeasurement charges triggered by an amendment of its U.S. plans due to the voluntary early retirement program.

⁽²⁾Facility exit and other related costs consist of asset impairment charges and other costs related to the exit of the Clinton, IA, bioplastic and Walhalla, ND, ethanol facilities of $349 million in the Corn Processing segment and investment writedown and other facility exit-related costs of $17 million in Corporate.

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

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