Business Combinations (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of Business Acquisitions, by Acquisition



(In millions, except exchange ratio)
DuPont Common Stock outstanding as of the Merger Effectiveness Time	868.3
DuPont exchange ratio	1.2820
DowDuPont Common Stock issued in exchange for DuPont Common Stock	1,113.2
Fair value of DowDuPont Common Stock issued ¹	$	74,195
Fair value of DowDuPont equity awards issued in exchange for outstanding DuPont equity awards ²	485
Total consideration	$	74,680


1.	Amount was determined based on the price per share of Dow Common Stock of $66.65 on August 31, 2017.


2.	Represents the fair value of replacement awards issued for DuPont's equity awards outstanding immediately before the Merger and attributable to the service periods prior to the Merger. The previous DuPont equity awards were converted into the right to receive 1.2820 shares of DowDuPont Common Stock.



	Successor		Predecessor
(In millions)	For the Period September 1 through December 31, 2017		For the Period January 1 through August 31, 2017		For the Year Ended December 31, 2016		For the Year Ended December 31, 2015
Integration and separation costs	$	314
Selling, general and administrative expenses			$	581	$	386	$	10

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]



	Estimated fair value as previously reported ¹		Measurement period adjustments²			Estimated fair value adjusted
(In millions)
Fair Value of Assets as of the Merger Effectiveness Time
Cash and cash equivalents	$	4,005	$	—		$	4,005
Marketable securities	2,849		—			2,849
Accounts and notes receivable	7,851		—			7,851
Inventories	8,886		(79		)	8,807
Other current assets	360		—			360
Investment in nonconsolidated affiliates	1,685		(31		)	1,654
Assets held for sale - current	3,184		564			3,748
Property, plant and equipment	12,122		(181		)	11,941
Goodwill ³	45,501		(396		)	45,105
Other intangible assets ³	27,844		(623		)	27,221
Deferred income tax assets	487		(203		)	284
Other assets	2,076		—			2,076
Total Assets	$	116,850	$	(949	)	$	115,901
Fair Value of Liabilities
Short-term borrowings and capital lease obligations	$	5,319	$	—		$	5,319
Accounts payable	3,283		—			3,283
Income taxes payable	140		—			140
Accrued and other current liabilities	3,517		—			3,517
Liabilities held for sale - current	104		11			115
Long-term debt	9,878		—			9,878
Deferred income tax liabilities	9,408		(940		)	8,468
Pension and other post employment benefits - noncurrent	8,092		(36		)	8,056
Other noncurrent obligations	2,028		—			2,028
Total Liabilities	$	41,769	$	(965	)	$	40,804
Noncontrolling interests	162		16			178
Preferred stock	239		—			239
Fair Value of Net Assets (Consideration for the Merger)	$	74,680	$	—		$	74,680


1.	As previously reported in the company’s Quarterly Report on Form 10-Q for the period ended September 30, 2017.

DuPont recorded measurement period adjustments in the fourth quarter of 2017 to reflect facts and circumstances in existence as of the Merger Effectiveness Time. These measurement period adjustments primarily related to changes in preliminary valuation assumptions, including market participant estimates of cash flows and estimates of asset useful lives, as well as other initial estimates. All measurement period adjustments were offset against goodwill.


3.	See Note 12 for additional information.

H&N Acquisition [Member]

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition



(In millions)
Fair Value of Divested Ag Business ¹	$	3,665
Less: Cash received ²	1,200
Less: Favorable contracts ³	495
Fair Value of H&N Business	$	1,970


1.	Refer to Note 4 for additional information.


2.	The FMC Transactions include a cash consideration payment to DuPont of approximately $1,200 million, which reflects the difference in value between the Divested Ag Business and the H&N Business, subject to certain customary inventory and net working capital adjustments.


3.	Upon closing and pursuant to the terms of the FMC Transaction Agreement, DuPont entered into favorable supply contracts with FMC. DuPont recorded these contracts as intangible assets recognized at the fair value of off-market contracts. Refer to Notes 4 and 12 for additional information.

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]



	Successor
(In millions)	November 1, 2017
Fair Value of Assets
Cash and cash equivalents	$	16
Accounts and notes receivable	144
Inventories	314
Property, plant and equipment	505
Goodwill	718
Other intangible assets	435
Other current and non-current assets	16
Total Assets	$	2,148
Fair Value of Liabilities
Accounts payable and other accrued liabilities	$	70
Deferred income tax liabilities	108
Total Liabilities	$	178
Fair Value of Net Assets (Consideration for the H&N Business)	$	1,970

Schedule of Results of Operations



	Successor
(In millions)	For the Period November 1 through December 31, 2017
Net sales	$	102
Loss from continuing operations before income taxes	$	(12	)