XML 126 R6.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Net income (loss) $ 1,316 $ 656 $ 1,056 $ 423 $ 1,972 $ 1,479  
(Income) loss from discontinued operations after income taxes 66   0   77 (47)  
Depreciation and Amortization 301   312   597 619  
Provision for (benefit from) deferred income tax         (209) (303)  
Net Periodic Pension and OPEB (credits) costs, net         19 82  
Pension and OPEB Contributions         (84) (95)  
Net (gain) loss on sales of property, businesses, consolidated companies, and investments         (17) (17)  
Restructuring and asset related charges - net [1] 79   92   101 167  
Other net loss         272 245  
Accounts and notes receivable         (2,544) (2,427)  
Inventories         1,310 1,783  
Accounts Payable         (356) (913)  
Deferred Revenue         (2,944) (2,978)  
Other Assets and Liabilities         667 406  
Cash Provided by (Used in) Operating Activities, Continuing Operations         (1,139) (1,999)  
Cash Provided by (Used in) Operating Activity, Discontinued Operation         (23) (159)  
Cash Provided by (Used in) Operating Activities         (1,162) (2,158)  
Capital expenditures         (212) (262)  
Proceeds from sales of property, businesses, and consolidated companies - net of cash divested         25 20  
Purchases of investments         0 (136)  
Proceeds from Sale and Maturities of Investments         62 65  
Proceeds from (payments for) settlement of net investment hedge         (56) 15  
Other investing activities - net         (17) (7)  
Cash provided by (used for) investing activities         (198) (305)  
Net change in borrowings (less than 90 days)         28 628  
Proceeds from debt         1,214 2,559  
Payments on Debt         (335) (943)  
Repurchase of Common Stock         (520) (504)  
Proceeds from Exercise of Stock Options         70 28  
Dividends paid to stockholders         (232) (223)  
Other financing activities         (38) (27)  
Cash provided by (used for) financing activities         187 1,518  
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash         68 (72)  
Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash         (1,105) (1,017)  
Cash, Cash Equivalents and Restricted Cash at Beginning of Period   3,422   3,158 3,422 3,158 $ 3,158
Cash, Cash Equivalents and Restricted Cash at End of Period 2,317 [2]   2,141 [2]   2,317 [2] 2,141 [2] 3,422
EIDP              
Net income (loss) 1,316 656 1,066 428 1,972 1,494  
(Income) loss from discontinued operations after income taxes 66   0   77 (47)  
Depreciation and Amortization         597 619  
Provision for (benefit from) deferred income tax         (209) (303)  
Net Periodic Pension and OPEB (credits) costs, net         19 82  
Pension and OPEB Contributions         (84) (95)  
Net (gain) loss on sales of property, businesses, consolidated companies, and investments         (17) (17)  
Restructuring and asset related charges - net 79   92   101 167  
Other net loss         272 245  
Accounts and notes receivable         (2,544) (2,427)  
Inventories         1,310 1,783  
Accounts Payable         (356) (913)  
Deferred Revenue         (2,944) (2,978)  
Other Assets and Liabilities         667 382  
Cash Provided by (Used in) Operating Activities, Continuing Operations         (1,139) (2,008)  
Cash Provided by (Used in) Operating Activity, Discontinued Operation         (23) (159)  
Cash Provided by (Used in) Operating Activities         (1,162) (2,167)  
Capital expenditures         (212) (262)  
Net payments from (advances to) Parent on in-house banking arrangement         0 (723)  
Proceeds from sales of property, businesses, and consolidated companies - net of cash divested         25 20  
Purchases of investments         0 (136)  
Proceeds from Sale and Maturities of Investments         62 65  
Proceeds from (payments for) settlement of net investment hedge         (56) 15  
Other investing activities - net         (17) (7)  
Cash provided by (used for) investing activities         (198) (1,028)  
Net change in borrowings (less than 90 days)         28 628  
Net payments from (advances to) Parent on in-house banking arrangement         129 0  
Proceeds from debt         1,214 2,559  
Payments on Debt         (335) (943)  
Proceeds from Exercise of Stock Options         70 28  
Other financing activities         (31) (22)  
Cash provided by (used for) financing activities         187 2,250  
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash         68 (72)  
Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash         (1,105) (1,017)  
Cash, Cash Equivalents and Restricted Cash at Beginning of Period   $ 3,422   $ 3,158 3,422 3,158 3,158
Cash, Cash Equivalents and Restricted Cash at End of Period 2,317   $ 2,141   2,317 2,141 $ 3,422
EIDP | Corteva [Member]              
Dividends paid to stockholders $ (375)       $ (888) $ 0  
[1] Includes restructuring plans and asset related charges, as well as accelerated prepaid amortization expense for the three and six months ended June 30, 2024. See Note 4 - Restructuring and Asset Related Charges - Net, to the interim Consolidated Financial Statements, for additional information.
[2] See page 14 for reconciliation of cash and cash equivalents and restricted cash equivalents presented in interim Consolidated Balance Sheets to total cash, cash equivalents and restricted cash equivalents presented in the interim Consolidated Statements of Cash Flows.