ADM · 8-K · 20260804PR000040
Headcount / Restructuring
Archer-Daniels-Midland Co · 2026-08-04 · Importance 53 · Surprise 82
Second-quarter asset impairment, exit, and restructuring costs declined to $13 million from $137 million, while specified impairment, exit, restructuring, and settlement charges declined to $5 million pretax from $323 million. Six-month asset impairment, exit, and restructuring costs declined to $25 million from $175 million. The current-year quarter charges were primarily driven by inventory adjustments and contingent settlements, compared with prior-year impairment of investments, long-lived assets, restructuring charges, and contingent settlements. The reduction contributed to a $0.51 year-over-year increase in second-quarter adjusted EPS adjustments, as prior-year after-tax charges were $291 million versus $6 million currently.
Key facts
- ADM recorded asset impairment, exit, and restructuring charges YTD 2026: $25 million source
- Asset impairment, exit, and restructuring costs for the quarter ended June 30, 2026: $13 million source
- Specified impairment, exit, restructuring charges and settlement contingencies recorded in Corporate results for the quarter: $(2) million source