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EID Segment FN (Notes)
 3 Months Ended
Mar. 31, 2022
Segment Reporting Information [Line Items]  
Segment Reporting Disclosure [Text Block] SEGMENT INFORMATION
Corteva’s reportable segments reflects the manner in which its chief operating decision maker ("CODM") allocates resources and assesses performance, which is at the operating segment level (seed and crop protection). For purposes of allocating resources to the segments and assessing segment performance, segment operating EBITDA is the primary measure used by Corteva’s CODM. The company defines segment operating EBITDA as earnings (loss) (i.e., income (loss) from continuing operations before income taxes) before interest, depreciation, amortization, corporate expenses, non-operating (benefits) costs, foreign exchange gains (losses), and net unrealized gain or loss from mark-to-market activity for certain foreign currency derivative instruments that do not qualify for hedge accounting, excluding the impact of significant items. Non-operating (benefits) costs consists of non-operating pension and other post-employment benefit (OPEB) costs, tax indemnification adjustments and environmental remediation and legal costs associated with legacy EID businesses and sites. Tax indemnification adjustments relate to changes in indemnification balances, as a result of the application of the terms of the Tax Matters Agreement, between Corteva and Dow and/or DuPont that are recorded by the company as pre-tax income or expense. Net unrealized gain or loss from mark-to-market activity for certain foreign currency derivative instruments that do not qualify for hedge accounting represents the non-cash net gain (loss) from changes in fair value of certain undesignated foreign currency derivative contracts. Upon settlement, which is within the same calendar year of execution of the contract, the realized gain (loss) from the changes in fair value of the non-qualified foreign currency derivative contracts will be reported in the respective segment results to reflect the economic effects of the foreign currency derivative contracts without the resulting unrealized mark to fair value volatility.

As of and for the Three Months Ended March 31,
(In millions)
SeedCrop ProtectionTotal
2022   
Net sales$2,524 $2,077 $4,601 
Segment operating EBITDA$569 $491 $1,060 
Segment assets1
$24,146 $14,144 $38,290 
2021   
Net sales$2,492 $1,686 $4,178 
Segment operating EBITDA$617 $321 $938 
Segment assets1
$24,799 $13,349 $38,148 
1.    Segment assets at December 31, 2021 were $23,270 million and $12,428 million for Seed and Crop Protection, respectively.
   
 
Reconciliation to interim Consolidated Financial Statements
Income (loss) from continuing operations after income taxes to segment operating EBITDA

(In millions)
Three Months Ended
March 31,
20222021
Income (loss) from continuing operations after income taxes$577 $613 
Provision for (benefit from) income taxes on continuing operations121 178 
Income (loss) from continuing operations before income taxes698 791 
Depreciation and amortization307 304 
Interest income(15)(21)
Interest expense9 7 
Exchange (gains) losses47 35 
Non-operating (benefits) costs(65)(311)
Mark-to-market (gains) losses on certain foreign currency contracts not designated as hedges36 (1)
Significant items (benefit) charge22 100 
Corporate expenses21 34 
Segment operating EBITDA$1,060 $938 

Segment assets to total assets (in millions)
March 31, 2022December 31, 2021March 31, 2021
Total segment assets$38,290 $35,698 $38,148 
Corporate assets4,343 6,646 4,401 
Total assets$42,633 $42,344 $42,549 

Significant Pre-tax (Charges) Benefits Not Included in Segment Operating EBITDA
The three months ended March 31, 2022 and 2021, respectively, included the following significant pre-tax (charges) benefits which are excluded from segment operating EBITDA:
(In millions)SeedCrop ProtectionCorporateTotal
For the Three Months Ended March 31, 2022
Restructuring and Asset Related Charges - Net 1
$(5)$2 $(2)$(5)
Estimated settlement expense2
— (17)— (17)
Total$(5)$(15)$(2)$(22)
(In millions)SeedCrop ProtectionCorporateTotal
For the Three Months Ended March 31, 2021
Restructuring and Asset Related Charges - Net 1
$(21)$(32)$(47)$(100)
Total$(21)$(32)$(47)$(100)
1.Includes Board approved restructuring plans and asset related charges as well as accelerated prepaid amortization expense. See Note 4 - Restructuring and Asset Related Charges - Net, to the interim Consolidated Financial Statements for additional information.
2.Consists of estimated Lorsban® related reserves.
EID [Member]  
Segment Reporting Information [Line Items]  
Segment Reporting Disclosure [Text Block] SEGMENT INFORMATION
There are no differences in reporting structure or segments between Corteva, Inc. and EID. In addition, there are no differences between Corteva, Inc. and EID segment net sales, segment operating EBITDA, segment assets, or significant items by segment; refer to page 36 of the Corteva, Inc. interim Consolidated Financial Statements for background information on the segments as well as further details regarding segment metrics. The tables below reconcile income (loss) from continuing operations after income taxes to segment operating EBITDA, as differences exist between Corteva, Inc. and EID.

Reconciliation to interim Consolidated Financial Statements

Income (loss) from continuing operations after income taxes to segment operating EBITDA

(In millions)
Three Months Ended
March 31,
20222021
Income (loss) from continuing operations after income taxes$570 $602 
Provision for (benefit from) income taxes on continuing operations119 174 
Income (loss) from continuing operations before income taxes689 776 
Depreciation and amortization307 304 
Interest income(15)(21)
Interest expense18 22 
Exchange (gains) losses47 35 
Non-operating (benefits) costs(65)(311)
Mark-to-market (gains) losses on certain foreign currency contracts not designated as hedges36 (1)
Significant items (benefit) charge22 100 
Corporate expenses21 34 
Segment operating EBITDA$1,060 $938