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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Net Sales $ 2,371 $ 1,863 $ 12,176 $ 11,010
Cost of Goods Sold 1,558 1,297 6,988 6,395
Research and Development Expense 297 284 871 837
Selling, General and Administrative Expenses 672 597 2,403 2,319
Amortization of Intangibles 180 162 543 501
Restructuring and Asset related charges, net 26 49 261 298
Other income - net 378 30 1,013 120
Interest Expense 8 11 22 35
Income from continuing operations before income taxes 8 (507) 2,101 745
(Benefit from) provision for income taxes on continuing operations (28) (117) 434 88
Income from continuing operations after income taxes 36 (390) 1,667 657
Income (loss) from discontinued operations after income taxes (4) 0 (59) 1
Net income 32 (390) 1,608 658
Net income attributable to noncontrolling interests 2 2 8 18
Net income attributable to Corteva $ 30 $ (392) $ 1,600 $ 640
Basic earnings (loss) per share of common stock from continuing operations $ 0.05 $ (0.52) $ 2.25 $ 0.85
Basic loss per share of common stock from discontinued operations (0.01) 0 (0.08) 0
Basic earnings (loss) per share of common stock 0.04 (0.52) 2.17 0.85
Diluted earnings (loss) per share of common stock from continuing operations 0.05 (0.52) 2.23 0.85
Diluted loss per share of common stock from discontinued operations (0.01) 0 (0.08) 0
Diluted earnings (loss) per share of common stock $ 0.04 $ (0.52) $ 2.15 $ 0.85
EID [Member]        
Net Sales $ 2,371 $ 1,863 $ 12,176 $ 11,010
Cost of Goods Sold 1,558 1,297 6,988 6,395
Research and Development Expense 297 284 871 837
Selling, General and Administrative Expenses 672 597 2,403 2,319
Amortization of Intangibles 180 162 543 501
Restructuring and Asset related charges, net 26 49 261 298
Other income - net 378 30 1,013 120
Interest Expense 19 30 61 117
Income from continuing operations before income taxes (3) (526) 2,062 663
(Benefit from) provision for income taxes on continuing operations (30) (122) 425 68
Income from Continuing Operations After Taxes 27 (404) 1,637 595
Income (loss) from discontinued operations after income taxes (4) 0 (59) 1
Net income 23 (404) 1,578 596
Net income attributable to noncontrolling interests (1) 0 0 11
Net income attributable to Corteva $ 24 $ (404) $ 1,578 $ 585