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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Net Sales $ 4,601 $ 4,178
Cost of Goods Sold 2,724 2,420
Research and Development Expense 268 281
Selling, General and Administrative Expenses 735 733
Amortization of Intangibles 179 183
Restructuring and Asset related charges, net 5 100
Other income - net 17 337
Interest Expense 9 7
Income from continuing operations before income taxes 698 791
Provision for (benefit from) income taxes on continuing operations 121 178
Income from continuing operations after income taxes 577 613
Income (loss) from discontinued operations after income taxes (10) (10)
Net income 567 603
Net income attributable to noncontrolling interests 3 3
Net income attributable to Corteva $ 564 $ 600
Basic earnings (loss) per share of common stock from continuing operations $ 0.79 $ 0.82
Basic earnings (loss) per share of common stock from discontinued operations (0.01) (0.01)
Basic earnings (loss) per share of common stock 0.78 0.81
Diluted earnings (loss) per share of common stock from continuing operations 0.79 0.81
Diluted earnings (loss) per share of common stock from discontinued operations (0.01) (0.01)
Diluted earnings (loss) per share of common stock $ 0.78 $ 0.80
EID [Member]    
Net Sales $ 4,601 $ 4,178
Cost of Goods Sold 2,724 2,420
Research and Development Expense 268 281
Selling, General and Administrative Expenses 735 733
Amortization of Intangibles 179 183
Restructuring and Asset related charges, net 5 100
Other income - net 17 337
Interest Expense 18 22
Income from continuing operations before income taxes 689 776
Provision for (benefit from) income taxes on continuing operations 119 174
Income from Continuing Operations After Taxes 570 602
Income (loss) from discontinued operations after income taxes (10) (10)
Net income 560 592
Net income attributable to noncontrolling interests 1 1
Net income attributable to Corteva $ 559 $ 591