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Supplementary Information (Tables)
 6 Months Ended
Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Other Nonoperating Income (Expense)
Other Income (Expense) - NetThree Months Ended June 30,Six Months Ended June 30,
(In millions)2024202320242023
Interest income$25 $54 $60 $94 
Equity in earnings (losses) of affiliates - net(1)3 7 6 
Net gain (loss) on sales of businesses and other assets13 2 17 1 
Net exchange gains (losses)1
(78)(104)(137)(140)
Non-operating pension and other post employment benefit credits (costs)2
(36)(30)(72)(61)
Miscellaneous income (expenses) - net3
(36)(59)(87)(105)
Other income (expense) - net$(113)$(134)$(212)$(205)
1.Includes net pre-tax exchange gains (losses) of $(18) million and $(28) million associated with the devaluation of the Argentine Peso for the three and six months ended June 30, 2024, respectively, and $(46) million and $(67) million for the three and six months ended June 30, 2023, respectively.
2.Includes non-service related components of net periodic benefit credits (costs) (interest cost, expected return on plan assets, amortization of unrecognized gain (loss), amortization of prior service benefit and settlement gain (loss)).
3.Includes estimated settlement reserves and other items. The three and six months ended June 30, 2024 also includes tax indemnification adjustments related to changes in indemnification balances as a result of the application of the terms of the Tax Matters Agreement between Corteva and Dow and/or DuPont, while the six months ended June 30, 2024 additionally includes the recognition of an indemnification payment negotiated with the prior Stoller owners. The three and six months ended June 30, 2023 also includes an adjustment to the Employee Retention Credit pursuant to the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act as enhanced by the Consolidated Appropriations Act (“CAA”) and American Rescue Plan Act (“ARPA”) due to a change in estimate. The six months ended June 30, 2023 also includes gains on the sale of assets, and a loss on the sale of the company's interest in an equity investment.
Foreign Currency Exchange Gain (Loss)
(In millions)Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Subsidiary Monetary Position Gain (Loss)
Pre-tax exchange gain (loss)$(66)$(48)$(43)$(78)
Local tax (expenses) benefits28 (1)18 8 
Net after-tax impact from subsidiary exchange gain (loss)$(38)$(49)$(25)$(70)
Hedging Program Gain (Loss)
Pre-tax exchange gain (loss)$(12)$(56)$(94)$(62)
Tax (expenses) benefits 2 14 19 16 
Net after-tax impact from hedging program exchange gain (loss)$(10)$(42)$(75)$(46)
Total Exchange Gain (Loss)
Pre-tax exchange gain (loss)$(78)$(104)$(137)$(140)
Tax (expenses) benefits30 13 37 24 
Net after-tax exchange gain (loss)$(48)$(91)$(100)$(116)
Non-Controlling Interest Adjustment— — 1 — 
Net after-tax exchange gain (loss) attributable to Corteva$(48)$(91)$(99)$(116)
Restrictions on Cash and Cash Equivalents
(In millions)June 30, 2024December 31, 2023June 30, 2023
Cash and cash equivalents$1,839 $2,644 $2,563 
Restricted cash equivalents302 514 400 
Total cash, cash equivalents and restricted cash equivalents$2,141 $3,158 $2,963