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Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]

(In millions)
SeedCrop ProtectionTotal
As of and for the Year Ended December 31, 2024   
Net sales$9,545 $7,363 $16,908 
Segment operating EBITDA2,219 1,272 3,491 
Depreciation and amortization805 422 1,227 
Segment assets21,246 14,241 35,487 
Investments in nonconsolidated affiliates57 77 134 
Purchases of property, plant and equipment365 232 597 
As of and for the Year Ended December 31, 2023   
Net sales$9,472 $7,754 $17,226 
Segment operating EBITDA2,117 1,374 3,491 
Depreciation and amortization814 397 1,211 
Segment assets22,732 15,004 37,736 
Investments in nonconsolidated affiliates39 76 115 
Purchases of property, plant and equipment332 263 595 
As of and for the Year Ended December 31, 2022
Net sales$8,979 $8,476 $17,455 
Segment operating EBITDA1,656 1,684 3,340 
Depreciation and amortization839 384 1,223 
Segment assets22,952 14,097 37,049 
Investments in nonconsolidated affiliates35 67 102 
Purchases of property, plant and equipment225 380 605 
Reconciliation of Segment Profitability
(In millions)SeedCrop ProtectionTotal
For the Year Ended December 31, 2024
Net sales$9,545 $7,363 $16,908 
Cost of goods sold4,876 4,636 9,512 
Other expenses1
2,450 1,455 3,905 
Segment operating EBITDA$2,219 $1,272 $3,491 
(In millions)SeedCrop ProtectionTotal
For the Year Ended December 31, 2023
Net sales$9,472 $7,754 $17,226 
Cost of goods sold4,982 4,913 9,895 
Other expenses1
2,373 1,467 3,840 
Segment operating EBITDA$2,117 $1,374 $3,491 
(In millions)SeedCrop ProtectionTotal
For the Year Ended December 31, 2022
Net sales$8,979 $8,476 $17,455 
Cost of goods sold4,898 5,454 10,352 
Other expenses1
2,425 1,338 3,763 
Segment operating EBITDA$1,656 $1,684 $3,340 
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
Income (loss) from continuing operations after income taxes to segment operating EBITDAFor the Year Ended December 31,
(In millions)202420232022
Income (loss) from continuing operations after income taxes$863 $941 $1,216 
Provision for (benefit from) income taxes on continuing operations412 152 210 
Income (loss) from continuing operations before income taxes$1,275 $1,093 $1,426 
Depreciation and amortization1,227 1,211 1,223 
Interest income(132)(283)(124)
Interest expense233 233 79 
Exchange (gains) losses - net284 397 229 
Non-operating (benefits) costs - net174 151 (111)
Mark-to-market (gains) losses on certain foreign currency contracts not designated as hedges— — — 
Significant items315 579 502 
Corporate expenses115 110 116 
Segment operating EBITDA$3,491 $3,491 $3,340 
Reconciliation of Assets from Segment to Consolidated [Table Text Block]
Segment assets to total assets (in millions)
December 31, 2024December 31, 2023
Total segment assets$35,487 $37,736 
Corporate assets5,338 5,260 
Total assets$40,825 $42,996 
Schedule of Additional Segment Details [Table Text Block]
(In millions)SeedCrop ProtectionCorporateTotal
For the Year Ended December 31, 2024
Restructuring and asset related charges - net1
$(55)$(142)$(91)$(288)
Estimated settlement expense2
— (101)— (101)
Inventory write-offs3
— — 
Gain (loss) on sale of business, assets and equity investments3
— 
Acquisition-related costs6
— (6)— (6)
Insurance proceeds7
— 71 — 71 
Total$(49)$(175)$(91)$(315)

(In millions)SeedCrop ProtectionCorporateTotal
For the Year Ended December 31, 2023
Restructuring and asset related charges - net1
$(86)$(228)$(22)$(336)
Estimated settlement expense2
— (204)— (204)
Inventory write-offs3
(7)— — (7)
Spare parts write-off4
— (12)— (12)
Gain (loss) on sale of business, assets and equity investments3
10 — 14 
Employee Retention Credit— — 
AltEn facility remediation charges(10)— — (10)
Seed sale associated with Russia Exit3,5
18 — — 18 
Acquisition-related costs6
— (45)— (45)
Total$(81)$(476)$(22)$(579)

(In millions)SeedCrop ProtectionCorporateTotal
For the Year Ended December 31, 2022
Restructuring and asset related charges - net1
$(228)$(37)$(98)$(363)
Estimated settlement expense2
— (87)— (87)
Inventory write-offs3
(33)— — (33)
Gain (loss) on sale of business, assets and equity investments3
(5)15 — 10 
Settlement costs associated with Russia Exit3
(8)— — (8)
Employee Retention Credit— 
AltEn facility remediation charges(33)— — (33)
Seed sale associated with Russia Exit3,5
— — 
Total$(298)$(106)$(98)$(502)
1.Includes restructuring plans and asset related charges as well as accelerated prepaid amortization expense. See Note 6 - Restructuring and Asset Related Charges - Net, to the Consolidated Financial Statements, for additional information.
2.Consists of estimated Lorsban® related charges.
3.Incremental gains (losses) associated with activities related to the 2022 Restructuring Actions.
4.Incremental loss associated with activities related to the Crop Protection Operations Strategy Restructuring Program.
5.Includes a benefit of $18 million and $3 million for the years ended December 31, 2023 and 2022, respectively, relating to the sale of seeds already under production in Russia when the decision to exit the country was made and that the Company was contractually required to purchase. It consists of $71 million and $8 million of net sales and $53 million and $5 million of cost of goods sold for the years ended December 31, 2023 and 2022, respectively.
6.Relates to acquisition-related costs, including transaction and third-party integration costs associated with the completed acquisitions of Stoller and Symborg as well as the recognition of the inventory fair value step-up. See Note 4 - Business Combinations, to the Consolidated Financial Statements, for additional information.
7.Includes proceeds received related to prior significant items.
Schedule of Segment Operating EBITDA Components [Table Text Block]