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Supplementary Information Other Income (Expense) - Net (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
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 assets 13 2 17 1
Net exchange gains (losses) [1] (78) (104) (137) (140)
Non-operating pension and other post employment benefit credit [2] (36) (30) (72) (61)
Miscellaneous expenses - net [3] (36) (59) (87) (105)
Other income - net (113) (134) (212) (205)
Hedging Program [Member]        
Net exchange gains (losses) (12) (56) (94) (62)
Hedging Program [Member] | Argentine Peso Devaluation [Member]        
Net exchange gains (losses) (18) (46) (28) (67)
Subsidiary Monetary Position        
Net exchange gains (losses) $ (66) $ (48) $ (43) $ (78)
[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.