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Earnings Per Share (Notes)
 6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block] EARNINGS PER SHARE OF COMMON STOCK

On June 1, 2019, the date of the Corteva Distribution, 748,815,000 shares of the company’s common stock were distributed to DowDuPont shareholders of record as of May 24, 2019.

The following tables provide earnings per share calculations for the periods indicated below:
Net Income (Loss) for Earnings Per Share Calculations - Basic and Diluted
Three Months Ended
June 30
Six Months Ended
June 30
(In millions)
2020
2019
2020
2019
Income from continuing operations after income taxes
$
766

$
483

$
1,047

$
299

Net income attributable to continuing operations noncontrolling interests
6

13

16

21

Income from continuing operations available to Corteva common stockholders
760

470

1,031

278

(Loss) income from discontinued operations, net of tax
—

(1,077
)
1

(717
)
Net income attributable to discontinued operations noncontrolling interests
—

1

—

5

(Loss) income from discontinued operations available to Corteva common stockholders
—

(1,078
)
1

(722
)
Net income (loss) available to common stockholders
$
760

$
(608
)
$
1,032

$
(444
)


Earnings (Loss) Per Share Calculations - Basic
Three Months Ended
June 30
Six Months Ended
June 30
(Dollars per share)
2020
2019
2020
2019
Earnings per share of common stock from continuing operations
$
1.01

$
0.63

$
1.37

$
0.37

Loss per share of common stock from discontinued operations
—

(1.44
)
—

(0.96
)
Earnings (loss) per share of common stock
$
1.01

$
(0.81
)
$
1.37

$
(0.59
)


Earnings (Loss) Per Share Calculations - Diluted
Three Months Ended
June 30
Six Months Ended
June 30
(Dollars per share)
2020
2019
2020
2019
Earnings per share of common stock from continuing operations
$
1.01

$
0.63

$
1.37

$
0.37

Loss per share of common stock from discontinued operations
—

(1.44
)
—

(0.96
)
Earnings (loss) per share of common stock
$
1.01

$
(0.81
)
$
1.37

$
(0.59
)


Share Count Information
Three Months Ended
June 30
Six Months Ended
June 30
(Shares in millions)
2020
2019
2020
2019
Weighted-average common shares - basic1
749.2

749.4

749.6

749.4

Plus dilutive effect of equity compensation plans2
2.4

0.6

2.4

0.3

Weighted-average common shares - diluted
751.6

750.0

752.0

749.7

Potential shares of common stock excluded from EPS calculations3
11.9

7.8

11.0

7.8


1.
Share amounts for all periods prior to the Corteva Distribution were based on 748.8 million shares of Corteva, Inc. common stock distributed to holders of DowDuPont's common stock on June 1, 2019, plus 0.6 million of additional shares in which accelerated vesting conditions have been met.
2.
Diluted earnings per share considers the impact of potentially dilutive securities except in periods in which there is a loss because the inclusion of the potential common shares would have an anti-dilutive effect.
3.
These outstanding potential shares of common stock relating to stock options, restricted stock units and performance-based restricted stock units were excluded from the calculation of diluted earnings per share because the effect of including them would have been anti-dilutive.