Business Combinations (Tables)

12 Months Ended

Dec. 31, 2018

Dec. 31, 2017



	Successor				Predecessor
(In millions)	For the Year Ended December 31, 2018		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
Integration and separation costs	$	1,375	$	314
Selling, general and administrative expenses					$	581	$	386



(In millions, except exchange ratio)
Historical DuPont Common Stock outstanding as of the Merger Effectiveness Time	868.3
Historical DuPont exchange ratio	1.2820
DowDuPont Common Stock issued in exchange for Historical 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 Historical DuPont equity awards²	485
Total consideration	$	74,680


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


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



	Final fair value
(In millions)	Final fair value
Fair Value of Assets as of the Merger Effectiveness Time
Cash and cash equivalents	$	4,005
Marketable securities	2,849
Accounts and notes receivable	7,834
Inventories	8,805
Other current assets	420
Investment in nonconsolidated affiliates	1,596
Assets held for sale - current	3,732
Property, plant and equipment	11,684
Goodwill	45,497
Other intangible assets	27,071
Deferred income tax assets	279
Other assets	2,066
Total Assets	$	115,838
Fair Value of Liabilities
Short-term borrowings and capital lease obligations	$	5,319
Accounts payable	3,298
Income taxes payable	261
Accrued and other current liabilities	3,517
Liabilities held for sale - current	125
Long-term debt	9,878
Deferred income tax liabilities	8,259
Pension and other post employment benefits - noncurrent	8,056
Other noncurrent obligations	1,967
Total Liabilities	$	40,680
Noncontrolling interests	239
Preferred stock	239
Fair Value of Net Assets (Consideration for the Merger)	$	74,680



(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 Historical DuPont of approximately $1,200 million, which reflected 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, Historical DuPont entered into favorable supply contracts with FMC. Historical DuPont recorded these contracts as intangible assets recognized at the fair value of off-market contracts. Refer to Notes 4 and 14 for additional information.



	Successor
(In millions)	November 1, 2017
Fair Value of Assets
Cash and cash equivalents	$	16
Accounts and notes receivable	144
Inventories	304
Property, plant and equipment	489
Goodwill	732
Other intangible assets	435
Other current and non-current assets	14
Total Assets	$	2,134
Fair Value of Liabilities
Accounts payable and other accrued liabilities	$	72
Deferred income tax liabilities	92
Total Liabilities	$	164
Fair Value of Net Assets (Consideration for the H&N Business)	$	1,970



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