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Stockholders' Equity
 12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Stockholders' Equity Note Disclosure [Text Block] STOCKHOLDERS' EQUITY
Common Stock
Set forth below is a reconciliation of common stock share activity for the years ended December 31, 2024, 2023, and 2022:
Shares of common stockIssued
Balance December 31, 2021726,527,000 
Issued4,317,000 
Repurchased and retired(17,425,000)
Balance December 31, 2022713,419,000 
Issued1,965,000 
Repurchased and retired(14,124,000)
Balance December 31, 2023701,260,000 
Issued2,244,000 
Repurchased and retired(17,909,000)
Balance December 31, 2024685,595,000 

Share Buyback Plan
On November 19, 2024, Corteva, Inc. announced that its Board of Directors authorized a $3 billion share repurchase program to purchase Corteva, Inc.'s common stock, par value $0.01 per share, without an expiration date ("2024 Share Buyback Plan"). The timing, price and volume of purchases will be based on market conditions, relevant securities laws and other factors.

On September 13, 2022, Corteva, Inc. announced that its Board of Directors authorized a $2 billion share repurchase program to purchase Corteva, Inc.'s common stock, par value $0.01 per share, without an expiration date ("2022 Share Buyback Plan"). The timing, price and volume of purchases will be based on market conditions, relevant securities laws and other factors. In connection with the 2022 Share Buyback Plan, the company repurchased and retired 17,909,000 and 10,026,000 shares in the open market and through privately-negotiated transactions for a cost (excluding excise taxes) of $1 billion and $500 million during the year ended December 31, 2024 and 2023, respectively. Included within the shares repurchased during the year ended December 31, 2024 were $125 million of shares from the master trust fund of the principal U.S. pension plan, as part of the Pension Investment Committee's periodic portfolio rebalancing process. Shares were repurchased by the company at the prevailing market rate authorized and agreed to by a third-party independent fiduciary for the plan.

On August 5, 2021, Corteva, Inc. announced that its Board of Directors authorized a $1.5 billion share repurchase program to purchase Corteva, Inc.'s common stock, par value $0.01 per share, without an expiration date ("2021 Share Buyback Plan"). The company completed the 2021 Share Buyback Plan during the first quarter of 2023 and repurchased and retired 4,098,000, 17,425,000 and 5,572,000 shares in the open market for a total cost of $250 million, $1 billion and $250 million during the years ended December 31, 2023, 2022 and 2021, respectively.

Shares repurchased pursuant to Corteva's share buyback plans are immediately retired upon repurchase. Repurchased common stock is reflected as a reduction of stockholders' equity. The company's accounting policy related to its share repurchases is to reduce its common stock based on the par value of the shares and to reduce its retained earnings for the excess of the repurchase price over the par value. When Corteva has an accumulated deficit balance, the excess over the par value is applied to additional paid-in capital ("APIC"). When Corteva has retained earnings, the excess is charged entirely to retained earnings.
Noncontrolling Interest
Corteva, Inc. owns 100 percent of the outstanding common shares of EIDP. However, EIDP has preferred stock outstanding to third parties which is accounted for as a non-controlling interest in Corteva's Consolidated Balance Sheets. Each share of EIDP Preferred Stock - $4.50 Series and EIDP Preferred Stock - $3.50 Series issued and outstanding at the effective date of the Corteva Distribution remains issued and outstanding as to EIDP and was unaffected by the Corteva Distribution.

Below is a summary of the EIDP Preferred Stock at December 31, 2024 and 2023 which is classified as noncontrolling interests in the Corteva Consolidated Balance Sheets.
(Shares in thousands)Number of Shares
Authorized23,000
$4.50 Series, callable at $120
1,673
$3.50 Series, callable at $102
700

Other Comprehensive Income (Loss)
The changes and after-tax balances of components comprising accumulated other comprehensive income (loss) are summarized below:
(In millions)
Cumulative Translation Adjustment1
Derivative InstrumentsPension Benefit PlansOther Benefit PlansUnrealized Gain (Loss) on InvestmentsTotal
2022
Balance January 1, 2022$(2,543)$72 $(396)$(31)$— $(2,898)
Other comprehensive income (loss) before reclassifications(340)63 213 190 — 126 
Amounts reclassified from accumulated other comprehensive income (loss)— (55)20 1 — (34)
Net other comprehensive income (loss) $(340)$8 $233 $191 $— $92 
Balance December 31, 2022$(2,883)$80 $(163)$160 $— $(2,806)
2023
Other comprehensive income (loss) before reclassifications425 (123)(188)38 — 152 
Amounts reclassified from accumulated other comprehensive income (loss)— (12)(2)(9)— (23)
Net other comprehensive income (loss) $425 $(135)$(190)$29 $— $129 
Balance December 31, 2023$(2,458)$(55)$(353)$189 $— $(2,677)
2024
Other comprehensive income (loss) before reclassifications(1,014)27 127 40 (6)(826)
Amounts reclassified from accumulated other comprehensive income (loss)— 44 — (10)— 34 
Net other comprehensive income (loss)$(1,014)$71 $127 $30 $(6)$(792)
Balance December 31, 2024$(3,472)$16 $(226)$219 $(6)$(3,469)
1.The cumulative translation adjustment losses for the year ended December 31, 2024 was primarily driven by the strengthening of the U.S. Dollar ("USD") against the Brazilian Real ("BRL"), Euro ("EUR"), Swiss Franc ("CHF") and Mexican Peso ("MXN"). The cumulative translation adjustment gains for the year ended December 31, 2023 was primarily driven by the weakening of the U.S. Dollar ("USD") against the Swiss Franc ("CHF"), Brazilian Real ("BRL") and Euro ("EUR"). The cumulative translation adjustment losses for the year ended December 31, 2022 was primarily driven by the strengthening of the U.S. dollar ("USD") against the Euro ("EUR"), Indian Rupee ("INR"), South African Rand ("ZAR") and Philippine Peso ("PHP).
The tax (expense) benefit on the net activity related to each component of other comprehensive income (loss) was as follows:
For the Year Ended December 31,
(In millions)202420232022
Derivative instruments$(12)$50 $3 
Pension benefit plans - net(35)60 (68)
Other benefit plans - net(8)(9)(56)
Unrealized gains (losses) on investments— — — 
(Provision for) benefit from income taxes related to other comprehensive income (loss) items$(55)$101 $(121)

A summary of the reclassifications out of accumulated other comprehensive income (loss) is provided as follows:
(In millions)For the Year Ended December 31,
202420232022
Derivative Instruments1:
$65 $(8)$(63)
Tax (benefit) expense2
(21)(4)8 
After-tax$44 $(12)$(55)
Amortization of pension benefit plans:
Prior service (benefit) cost3,4
$(4)$(3)$(3)
Actuarial (gains) losses3,4
1 — 3 
Settlement (gain) loss3,4
2 — 25 
Total before tax$(1)$(3)$25 
Tax (benefit) expense2
1 1 (5)
After-tax$— $(2)$20 
Amortization of other benefit plans:
Prior service (benefit) cost3,4
$(1)$(2)$(1)
Actuarial (gains) losses3,4
(13)(10)2 
Total before tax$(14)$(12)$1 
Tax (benefit) expense2
4 3 — 
After-tax$(10)$(9)$1 
Unrealized (gain) loss on investments4
$— $— $— 
Tax (benefit) expense2
— — — 
After-tax
$— $— $— 
Total reclassifications for the period, after-tax$34 $(23)$(34)
1.Reflected in cost of goods sold in the Consolidated Statements of Operations.
2.Reflected in provision for (benefit from) income taxes from continuing operations in the Consolidated Statements of Operations.
3.These accumulated other comprehensive income (loss) components are included in the computation of net periodic benefit (credit) cost of the company's pension and other benefit plans. See Note 18 - Pension Plans and Other Post-Employment Benefits, to the Consolidated Financial Statements, for additional information.
4.Reflected in other income (expense) - net in the Consolidated Statements of Operations.