Increase (decrease) in valuation allowance

[Table of Contents](#i4552998170a04ab690e0e4bebd2d8dfd_7)  
FMC CORPORATIONNotes to Condensed Consolidated Financial Statements (unaudited) — (Continued)Roll forward of restructuring reservesThe following table shows a roll forward of restructuring reserves, that will result in cash spending. These amounts exclude asset retirement obligations.

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| (in Millions) | Balance at12/31/21 (4) |  | Change inreserves (5) |  | Cashpayments (6) |  | Other  |  | Balance at9/30/22 (4) |
| DuPont Crop restructuring (1) | $ | 8.6  |  |  | $ | 0.6  |  |  | $ | (4.0) |  |  | $ | (0.1) |  |  | $ | 5.1  |  |
| Regional realignment (2) | 4.0  |  |  | 6.0  |  |  | (5.4) |  |  | —  |  |  | 4.6  |  |
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| Other workforce related and facility shutdowns (3) | 2.3  |  |  | 1.8  |  |  | (3.3) |  |  | —  |  |  | 0.8  |  |
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| Total | $ | 14.9  |  |  | $ | 8.4  |  |  | $ | (12.7) |  |  | $ | (0.1) |  |  | $ | 10.5  |  |

\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ (1)Primarily consists of exit costs and severance associated with DuPont Crop restructuring activities.(2)Primarily consists of severance and employee relocation costs as well as other costs associated with the relocation of our European headquarters and the consolidation of our Asia Pacific operations into a single regional headquarters in Singapore.(3)Primarily severance costs related to workforce reductions and facility shutdowns. (4)Included in "Accrued and other liabilities" and "Other long-term liabilities" on the condensed consolidated balance sheets. (5)Primarily severance and other miscellaneous exit costs. Any accelerated depreciation and impairment charges noted above that impacted our property, plant and equipment balances or other long-term assets are not included in this table.(6)In addition to the spend above, for the nine months ended September 30, 2022 there was also approximately $6.7 million of spending related to the Furadan® asset retirement obligation as well as $6.3 million of additional spending for items in therestructuring and other charge line item that are not in the rollforward above.Other charges (income), net 

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|   | Three Months Ended September 30, |  | Nine Months Ended September 30, |
| (in Millions) | 2022 |  | 2021 |  | 2022 |  | 2021 |
| Environmental charges, net | $ | 3.4  |  |  | $ | 3.7  |  |  | $ | 1.0  |  |  | $ | 3.3  |  |
| Exit from Russian Operations | —  |  |  | —  |  |  | 76.1  |  |  | —  |  |
| Other items, net | 3.6  |  |  | 27.0  |  |  | 5.2  |  |  | 30.1  |  |
| Other charges (income), net | $ | 7.0  |  |  | $ | 30.7  |  |  | $ | 82.3  |  |  | $ | 33.4  |  |

  
Environmental charges, netEnvironmental charges represent the net charges associated with environmental remediation at continuing operating sites. See Note 12 for additional details. Environmental obligations for continuing operations primarily represent obligations at shut down or abandoned facilities within businesses that do not meet the criteria for presentation as discontinued operations.  
Exit from Russian OperationsAs the Russia-Ukraine war continues, our values as a company as well as the sanctions imposed on, and cross-sanctions imposed and announced by, the Russian Federation led us to cease operations and business in Russia. This decision was made in mid-April when we concluded that it was not sustainable to continue operations. As a result of this decision, we recorded a charge of approximately $76.1 million during the nine months ended September 30, 2022. The charge primarily consists of noncash asset write offs, mainly working capital as well as the value of a packaging and formulation facility. This charge included approximately $7 million of cash that was stranded and not accessible to us.   
Other Items, netOther items, net for the three and nine months ended September 30, 2021 includes $23.8 million of charges for the establishment of reserves for certain historical India indirect tax matters that were triggered during the period.   
Note 10: DebtDebt maturing within one year:29
