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Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2021
Segment Reporting Information [Line Items]  
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
Reconciliation to interim Consolidated Financial Statements
Income (loss) from continuing operations after income taxes to segment operating EBITDA

(In millions)
Three Months Ended
 September 30,
Nine Months Ended
September 30,
2021202020212020
Income (loss) from continuing operations after income taxes$36 $(390)$1,667 $657 
(Benefit from) provision for income taxes on continuing operations(28)(117)434 88 
Income (loss) from continuing operations before income taxes(507)2,101 745 
Depreciation and amortization309 285 926 868 
Interest income(19)(11)(58)(38)
Interest expense11 22 35 
Exchange (gains) losses - net(2)67 47 127 
Non-operating benefits - net(315)(73)(941)(237)
Mark-to-market (gains) losses on certain foreign currency contracts not designated as hedges1
(19)
Significant items(21)49 214 351 
Corporate expenses40 27 106 81 
Segment operating EBITDA$(11)$(152)$2,420 $1,932 
1.Effective January 1, 2021, on a prospective basis, the company excludes net unrealized gain or loss from mark-to-market activity for certain foreign currency derivative instruments that do not qualify for hedge accounting. For the three and nine months ended September 30, 2020, the unrealized mark-to-market (loss) gain was $(8) million and $19 million, respectively. Refer to page 57 for further discussion of the company’s Non-GAAP financial measures.
Schedule of Segment Reporting Information, by Segment [Table Text Block]
As of and for the Three Months Ended September 30,
(In millions)
SeedCrop ProtectionTotal
2021   
Net sales$738 $1,633 $2,371 
Segment operating EBITDA$(217)$206 $(11)
Segment assets1
$23,701 $12,539 $36,240 
2020   
Net sales$523 $1,340 $1,863 
Segment operating EBITDA$(282)$130 $(152)
Segment assets1
$24,372 $12,593 $36,965 
1.    Segment assets at December 31, 2020 were $23,751 million and $13,099 million for Seed and Crop Protection, respectively.

For the Nine Months Ended September 30,
(In millions)
SeedCrop ProtectionTotal
2021   
Net sales$7,010 $5,166 $12,176 
Segment operating EBITDA$1,523 $897 $2,420 
2020   
Net sales$6,516 $4,494 $11,010 
Segment operating EBITDA$1,255 $677 $1,932 
Reconciliation of Assets from Segment to Consolidated [Table Text Block]
Segment assets to total assets (in millions)
September 30, 2021December 31, 2020September 30, 2020
Total segment assets$36,240 $36,850 $36,965 
Corporate assets4,882 5,799 4,725 
Total assets$41,122 $42,649 $41,690 
Schedule of Additional Segment Details [Table Text Block]
(In millions)SeedCrop ProtectionCorporateTotal
For the Three Months Ended September 30, 2021
Restructuring and Asset Related Charges - Net 1
$(9)$(8)$(9)$(26)
Equity securities mark-to-market gain47 — — 47 
Total$38 $(8)$(9)$21 
(In millions)SeedCrop ProtectionCorporateTotal
For the Three Months Ended September 30, 2020
Restructuring and Asset Related Charges - Net 1
$(9)$(40)$— $(49)
Total$(9)$(40)$— $(49)
(In millions)SeedCrop ProtectionCorporateTotal
For the Nine Months Ended September 30, 2021
Restructuring and Asset Related Charges - Net 1
$(145)$(51)$(65)$(261)
Equity securities mark-to-market gain47 — — 47 
Total$(98)$(51)$(65)$(214)
(In millions)SeedCrop ProtectionCorporateTotal
For the Nine Months Ended September 30, 2020
Restructuring and Asset Related Charges - Net 1
$(154)$(98)$(46)$(298)
Loss on Divestiture2
— (53)— (53)
Total$(154)$(151)$(46)$(351)
1.Includes Board approved restructuring plans and asset related charges as well as accelerated prepaid amortization expense. See Note 5 - Restructuring and Asset Related Charges - Net, to the interim Consolidated Financial Statements for additional information.
2.Includes a loss recorded in other income - net related to the sale of the La Porte site.