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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net Sales $ 2,777 $ 2,371 $ 13,630 $ 12,176
Cost of Goods Sold 1,879 1,558 7,926 6,988
Research and Development Expense 312 297 876 871
Selling, General and Administrative Expenses 657 672 2,409 2,403
Amortization of Intangibles 178 180 536 543
Restructuring and Asset related charges, net 152 26 300 261
Other income - net 23 378 89 1,013
Interest Expense 18 8 43 22
Income from continuing operations before income taxes (396) 8 1,629 2,101
Provision for (benefit from) income taxes on continuing operations (74) (28) 372 434
Income from continuing operations after income taxes (322) 36 1,257 1,667
Income (loss) from discontinued operations after income taxes (6) (4) (46) (59)
Net income (328) 32 1,211 1,608
Net income attributable to noncontrolling interests 3 2 9 8
Net income attributable to Corteva $ (331) $ 30 $ 1,202 $ 1,600
Basic earnings (loss) per share of common stock from continuing operations $ (0.45) $ 0.05 $ 1.73 $ 2.25
Basic earnings (loss) per share of common stock from discontinued operations (0.01) (0.01) (0.06) (0.08)
Basic earnings (loss) per share of common stock (0.46) 0.04 1.67 2.17
Diluted earnings (loss) per share of common stock from continuing operations (0.45) 0.05 1.72 2.23
Diluted earnings (loss) per share of common stock from discontinued operations (0.01) (0.01) (0.06) (0.08)
Diluted earnings (loss) per share of common stock $ (0.46) $ 0.04 $ 1.66 $ 2.15
EID [Member]        
Net Sales $ 2,777 $ 2,371 $ 13,630 $ 12,176
Cost of Goods Sold 1,879 1,558 7,926 6,988
Research and Development Expense 312 297 876 871
Selling, General and Administrative Expenses 657 672 2,409 2,403
Amortization of Intangibles 178 180 536 543
Restructuring and Asset related charges, net 152 26 300 261
Other income - net 23 378 89 1,013
Interest Expense 32 19 76 61
Income from continuing operations before income taxes (410) (3) 1,596 2,062
Provision for (benefit from) income taxes on continuing operations (77) (30) 364 425
Income from Continuing Operations After Taxes (333) 27 1,232 1,637
Income (loss) from discontinued operations after income taxes (6) (4) (46) (59)
Net income (339) 23 1,186 1,578
Net income attributable to noncontrolling interests 0 (1) 1 0
Net income attributable to Corteva $ (339) $ 24 $ 1,185 $ 1,578