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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Net Sales $ 2,326 $ 2,590 $ 12,930 $ 13,519
Cost of Goods Sold 1,565 1,646 7,033 7,554
Research and Development Expense 348 335 1,037 980
Selling, General and Administrative Expenses 671 670 2,461 2,441
Amortization of Intangibles 170 174 521 508
Restructuring and Related Cost, Incurred Cost 32 2 199 95
Other income - net (107) (149) (319) (354)
Interest Expense 66 58 173 171
Income from continuing operations before income taxes (633) (444) 1,187 1,416
Provision for (benefit from) income taxes on continuing operations (114) (129) 274 244
Income from continuing operations after income taxes (519) (315) 913 1,172
Income (loss) from discontinued operations after income taxes (2) (3) 45 (174)
Net income (521) (318) 958 998
Net income attributable to noncontrolling interests 3 3 10 10
Net income attributable to Corteva $ (524) $ (321) $ 948 $ 988
Basic earnings (loss) per share of common stock from continuing operations $ (0.76) $ (0.45) $ 1.30 $ 1.64
Basic earnings (loss) per share of common stock from discontinued operations 0 0 0.06 (0.24)
Basic earnings (loss) per share of common stock (0.76) (0.45) 1.36 1.40
Diluted earnings (loss) per share of common stock from continuing operations (0.76) (0.45) 1.29 1.63
Diluted earnings (loss) per share of common stock from discontinued operations 0 0 0.06 (0.24)
Diluted earnings (loss) per share of common stock $ (0.76) $ (0.45) $ 1.35 $ 1.39
EIDP        
Net Sales $ 2,326 $ 2,590 $ 12,930 $ 13,519
Cost of Goods Sold 1,565 1,646 7,033 7,554
Research and Development Expense 348 335 1,037 980
Selling, General and Administrative Expenses 671 670 2,461 2,441
Amortization of Intangibles 170 174 521 508
Restructuring and Related Cost, Incurred Cost 32 2 199 95
Other income - net (89) (149) (281) (354)
Interest Expense 66 60 173 193
Income from continuing operations before income taxes (615) (446) 1,225 1,394
Provision for (benefit from) income taxes on continuing operations (110) (129) 283 239
Income from continuing operations after income taxes (505) (317) 942 1,155
Income (loss) from discontinued operations after income taxes (2) (3) 45 (174)
Net income (507) (320) 987 981
Net income attributable to noncontrolling interests 1 0 3 2
Net income attributable to Corteva $ (508) $ (320) $ 984 $ 979