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EID Segment FN (Notes)
 3 Months Ended
Mar. 31, 2023
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) credits (costs), tax indemnification adjustments and environmental remediation and legal costs associated with legacy EIDP 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
2023   
Net sales$2,695 $2,189 $4,884 
Segment operating EBITDA$652 $603 $1,255 
Segment assets1
$23,966 $17,584 $41,550 
2022   
Net sales$2,524 $2,077 $4,601 
Segment operating EBITDA$569 $491 $1,060 
Segment assets1
$24,146 $14,144 $38,290 
1.    Segment assets at December 31, 2022 were $22,952 million and $14,097 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,
20232022
Income (loss) from continuing operations after income taxes$607 $577 
Provision for (benefit from) income taxes on continuing operations169 121 
Income (loss) from continuing operations before income taxes776 698 
Depreciation and amortization287 307 
Interest income(40)(15)
Interest expense31 9 
Exchange (gains) losses36 47 
Non-operating (benefits) costs43 (65)
Mark-to-market (gains) losses on certain foreign currency contracts not designated as hedges15 36 
Significant items (benefit) charge83 22 
Corporate expenses24 21 
Segment operating EBITDA$1,255 $1,060 

Segment assets to total assets (in millions)
March 31, 2023December 31, 2022March 31, 2022
Total segment assets$41,550 $37,049 $38,290 
Corporate assets3,950 5,569 4,343 
Total assets$45,500 $42,618 $42,633 
Significant Pre-tax (Charges) Benefits Not Included in Segment Operating EBITDA
The three months ended March 31, 2023 and 2022, 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, 2023
Restructuring and asset related charges - net1
$(21)$(6)$(6)$(33)
Estimated settlement expense2
— (49)— (49)
Inventory write-offs3
(4)— — (4)
Gain (loss) on sale of assets and equity investments3
— 3 — 3 
Seed sale associated with Russia Exit3,4
19 — — 19 
Acquisition-related costs5
— (19)— (19)
Total$(6)$(71)$(6)$(83)
(In millions)SeedCrop ProtectionCorporateTotal
For the Three Months Ended March 31, 2022
Restructuring and asset related charges - net1
$(5)$2 $(2)$(5)
Estimated settlement expense2
— (17)— (17)
Total$(5)$(15)$(2)$(22)
1.Includes Board approved restructuring plans and asset related charges as well as accelerated prepaid amortization expense. See Note 5 - Restructuring and Asset Related Charges - Net, to the interim Consolidated Financial Statements for additional information.
2.Consists of estimated Lorsban® related charges.
3.Incremental gains (losses) associated with activities related to the 2022 Restructuring Actions.
4.Includes a benefit of $19 million relating to the sale of seeds already under production in Russia when the decision to exit the country was made and that the company was contractually required to purchase. It consists of $41 million of net sales and $22 million of cost of goods sold.
5.Relates to acquisition-related costs, including transaction and third-party integration costs associated with the completed acquisitions of Stoller and Symborg as well as the recognition of the inventory fair value step-up. See Note 3 - Business Combinations, to the interim Consolidated Financial Statements, for additional information.
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 EIDP. In addition, there are no differences between Corteva, Inc. and EIDP segment net sales, segment operating EBITDA, segment assets, or significant items by segment; refer to page 38 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 EIDP.

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,
20232022
Income (loss) from continuing operations after income taxes$597 $570 
Provision for (benefit from) income taxes on continuing operations166 119 
Income (loss) from continuing operations before income taxes763 689 
Depreciation and amortization287 307 
Interest income(40)(15)
Interest expense44 18 
Exchange (gains) losses36 47 
Non-operating (benefits) costs43 (65)
Mark-to-market (gains) losses on certain foreign currency contracts not designated as hedges15 36 
Significant items (benefit) charge83 22 
Corporate expenses24 21 
Segment operating EBITDA$1,255 $1,060