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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Net Sales $ 6,252 $ 5,627 $ 10,853 $ 9,805
Cost of Goods Sold 3,323 3,010 6,047 5,430
Research and Development Expense 296 293 564 574
Selling, General and Administrative Expenses 1,017 998 1,752 1,731
Amortization of Intangibles 179 180 358 363
Restructuring and Asset related charges, net 143 135 148 235
Other income - net 49 298 66 635
Interest Expense 16 7 25 14
Income from continuing operations before income taxes 1,327 1,302 2,025 2,093
Provision for (benefit from) income taxes on continuing operations 325 284 446 462
Income from continuing operations after income taxes 1,002 1,018 1,579 1,631
Income (loss) from discontinued operations after income taxes (30) (45) (40) (55)
Net income 972 973 1,539 1,576
Net income attributable to noncontrolling interests 3 3 6 6
Net income attributable to Corteva $ 969 $ 970 $ 1,533 $ 1,570
Basic earnings (loss) per share of common stock from continuing operations $ 1.38 $ 1.37 $ 2.17 $ 2.19
Basic earnings (loss) per share of common stock from discontinued operations (0.04) (0.06) (0.06) (0.07)
Basic earnings (loss) per share of common stock 1.34 1.31 2.11 2.12
Diluted earnings (loss) per share of common stock from continuing operations 1.37 1.37 2.16 2.18
Diluted earnings (loss) per share of common stock from discontinued operations (0.04) (0.06) (0.05) (0.07)
Diluted earnings (loss) per share of common stock $ 1.33 $ 1.31 $ 2.11 $ 2.11
EID [Member]        
Net Sales $ 6,252 $ 5,627 $ 10,853 $ 9,805
Cost of Goods Sold 3,323 3,010 6,047 5,430
Research and Development Expense 296 293 564 574
Selling, General and Administrative Expenses 1,017 998 1,752 1,731
Amortization of Intangibles 179 180 358 363
Restructuring and Asset related charges, net 143 135 148 235
Other income - net 49 298 66 635
Interest Expense 26 20 44 42
Income from continuing operations before income taxes 1,317 1,289 2,006 2,065
Provision for (benefit from) income taxes on continuing operations 322 281 441 455
Income from Continuing Operations After Taxes 995 1,008 1,565 1,610
Income (loss) from discontinued operations after income taxes (30) (45) (40) (55)
Net income 965 963 1,525 1,555
Net income attributable to noncontrolling interests 0 0 1 1
Net income attributable to Corteva $ 965 $ 963 $ 1,524 $ 1,554