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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net Sales $ 17,455 $ 15,655 $ 14,217
Cost of Goods Sold 10,436 9,220 8,507
Research and Development Expense 1,216 1,187 1,142
Selling, General and Administrative Expense 3,173 3,209 3,043
Amortization of Intangibles 702 722 682
Restructuring and asset related charges- net 363 289 335
Other income (expense) - net (60) 1,348 212
Interest Expense 79 30 45
Income (loss) from continuing operations before income taxes 1,426 2,346 675
Provision for (benefit from) income taxes on continuing operations 210 524 (81)
Income (loss) from continuing operations after income taxes 1,216 1,822 756
(Loss) income from discontinued operations after income taxes (58) (53) (55)
Net income (loss) 1,158 1,769 701
Net income (loss) attributable to noncontrolling interests   10 20
Net income (loss) attributable to Corteva $ 1,147 $ 1,759 $ 681
Basic earnings (loss) per share of common stock from continuing operations $ 1.67 $ 2.46 $ 0.98
Basic earnings (loss) per share of common stock from discontinued operations (0.08) (0.07) (0.07)
Basic earnings (loss) per share of common stock 1.59 2.39 0.91
Diluted earnings (loss) per share of common stock from continuing operations 1.66 2.44 0.98
Diluted earnings (loss) per share of common stock from discontinued operations (0.08) (0.07) (0.07)
Diluted earnings (loss) per share of common stock $ 1.58 $ 2.37 $ 0.91
EIDP      
Net Sales $ 17,455 $ 15,655 $ 14,217
Cost of Goods Sold 10,436 9,220 8,507
Research and Development Expense 1,216 1,187 1,142
Selling, General and Administrative Expense 3,173 3,209 3,043
Amortization of Intangibles 702 722 682
Restructuring and asset related charges- net 363 289 335
Other income (expense) - net (60) 1,348 212
Interest Expense 124 80 145
Income (loss) from continuing operations before income taxes 1,381 2,296 575
Provision for (benefit from) income taxes on continuing operations 199 512 (105)
Income (loss) from continuing operations after income taxes 1,182 1,784 680
(Loss) income from discontinued operations after income taxes (58) (53) (55)
Net income (loss) 1,124 1,731 625
Net income (loss) attributable to noncontrolling interests   0 10
Net income (loss) attributable to Corteva $ 1,123 $ 1,731 $ 615