Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2022

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 June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Income (loss) from continuing operations after income taxes	$	1,002	$	1,018	$	1,579	$	1,631
Provision for (benefit from) income taxes on continuing operations	325		284		446		462
Income (loss) from continuing operations before income taxes	1,327		1,302		2,025		2,093
Depreciation and amortization	302		313		609		617
Interest income	(24)		(18)		(39)		(39)
Interest expense	16		7		25		14
Exchange (gains) losses	36		14		83		49
Non-operating (benefits) costs	(60)		(315)		(125)		(626)
Mark-to-market (gains) losses on certain foreign currency contracts not designated as hedges	(33)		23		3		22
Significant items (benefit) charge	155		135		177		235
Corporate expenses	30		32		51		66
Segment operating EBITDA	$	1,749	$	1,493	$	2,809	$	2,431

Schedule of Segment Reporting Information, by Segment [Table Text Block]

As of and for the Three Months Ended June 30, (In millions)	Seed		Crop Protection		Total
2022
Net sales	$	3,947	$	2,305	$	6,252
Segment operating EBITDA	$	1,240	$	509	$	1,749
Segment assets1	$	22,757	$	13,532	$	36,289
2021
Net sales	$	3,780	$	1,847	$	5,627
Segment operating EBITDA	$	1,123	$	370	$	1,493
Segment assets1	$	23,804	$	12,996	$	36,800

1.    Segment assets at December 31, 2021 were $23,270 million and $12,428 million for Seed and Crop Protection, respectively.

For the Six Months Ended June 30, (In millions)	Seed		Crop Protection		Total
2022
Net Sales	$	6,471	$	4,382	$	10,853
Segment operating EBITDA	$	1,809	$	1,000	$	2,809
2021
Net sales	$	6,272	$	3,533	$	9,805
Segment operating EBITDA	$	1,740	$	691	$	2,431

Reconciliation of Assets from Segment to Consolidated [Table Text Block]

Segment assets to total assets (in millions)	June 30, 2022		December 31, 2021		June 30, 2021
Total segment assets	$	36,289	$	35,698	$	36,800
Corporate assets	4,617		6,646		4,696
Total assets	$	40,906	$	42,344	$	41,496

Schedule of Additional Segment Details [Table Text Block]

(In millions)	Seed		Crop Protection		Corporate		Total
For the Three Months Ended June 30, 2022
Restructuring and Asset Related Charges - Net 1	$	(126)	$	(2)	$	(15)	$	(143)
Inventory write-offs3	(1)		—		—		(1)
Loss on exit of non-strategic asset3	(5)		—		—		(5)
Settlement costs associated with Russia Exit3	(6)		—		—		(6)
Total	$	(138)	$	(2)	$	(15)	$	(155)

(In millions)	Seed		Crop Protection		Corporate		Total
For the Three Months Ended June 30, 2021
Restructuring and Asset Related Charges - Net 1	$	(115)	$	(11)	$	(9)	$	(135)
Total	$	(115)	$	(11)	$	(9)	$	(135)

(In millions)	Seed		Crop Protection		Corporate		Total
For the Six Months Ended June 30, 2022
Restructuring and Asset Related Charges - Net 1	$	(131)	$	—	$	(17)	$	(148)
Estimated settlement expense2	—		(17)		—		(17)
Inventory write-offs3	(1)		—		—		(1)
Loss on exit of non-strategic asset3	(5)		—		—		(5)
Settlement costs associated with Russia Exit3	(6)		—		—		(6)
Total	$	(143)	$	(17)	$	(17)	$	(177)

(In millions)	Seed		Crop Protection		Corporate		Total
For the Six Months Ended June 30, 2021
Restructuring and Asset Related Charges - Net 1	$	(136)	$	(43)	$	(56)	$	(235)
Total	$	(136)	$	(43)	$	(56)	$	(235)

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

3.Incremental losses associated with activities related to the 2022 Restructuring Actions.