Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting Information [Line Items]

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
2024
Net sales	$	4,331	$	1,781	$	6,112
Segment operating EBITDA	1,698		255		1,953
Segment assets1	22,206		15,015		37,221
2023
Net sales	$	4,264	$	1,781	$	6,045
Segment operating EBITDA	1,458		320		1,778
Segment assets1	22,952		16,342		39,294

1.    Segment assets at December 31, 2023 were $22,732 million and $15,004 million for Seed and Crop Protection, respectively.

As of and for the Six Months Ended June 30, (In millions)	Seed		Crop Protection		Total
2024
Net sales	$	7,082	$	3,522	$	10,604
Segment operating EBITDA	2,446		565		3,011
2023
Net sales	$	6,959	$	3,970	$	10,929
Segment operating EBITDA	2,110		923		3,033

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

Segment assets to total assets (In millions)	June 30, 2024		December 31, 2023		June 30, 2023
Total segment assets	$	37,221	$	37,736	$	39,294
Corporate assets	4,243		5,260		4,895
Total assets	$	41,464	$	42,996	$	44,189

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	Three Months Ended June 30,				Six Months Ended June 30,
(In millions)	2024		2023		2024		2023
Income (loss) from continuing operations after income taxes	$	1,056	$	880	$	1,432	$	1,487
Provision for (benefit from) income taxes on continuing operations	282		204		388		373
Income (loss) from continuing operations before income taxes	$	1,338	$	1,084	$	1,820	$	1,860
Depreciation and amortization	312		306		619		593
Interest income	(25)		(54)		(60)		(94)
Interest expense	66		82		107		113
Exchange (gains) losses	78		104		137		140
Non-operating (benefits) costs	30		44		82		87
Mark-to-market (gains) losses on certain foreign currency contracts not designated as hedges	(19)		63		(18)		78
Significant items (benefit) charge	137		117		264		200
Corporate expenses	36		32		60		56
Segment operating EBITDA	$	1,953	$	1,778	$	3,011	$	3,033