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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Net Sales $ 6,456 $ 6,112 $ 10,873 $ 10,604
Cost of Goods Sold 2,932 2,918 5,274 5,468
Research and Development Expense 375 357 710 689
Selling, General and Administrative Expenses 1,156 1,054 1,907 1,790
Amortization of Intangibles 161 174 323 351
Restructuring and asset related charges - net [1] 79 92 101 167
Other income (expense) - net 103 (113) 118 (212)
Interest Expense 52 66 88 107
Income from continuing operations before income taxes 1,804 1,338 2,588 1,820
Provision for (benefit from) income taxes on continuing operations 422 282 539 388
Income from continuing operations after income taxes 1,382 1,056 2,049 1,432
Income (loss) from discontinued operations after income taxes (66) 0 (77) 47
Net income (loss) 1,316 1,056 1,972 1,479
Net income attributable to noncontrolling interests 2 3 6 7
Net income (loss) attributable to Corteva $ 1,314 $ 1,053 $ 1,966 $ 1,472
Basic earnings (loss) per share of common stock from continuing operations $ 2.02 $ 1.51 $ 2.99 $ 2.04
Basic earnings (loss) per share of common stock from discontinued operations (0.10) 0 (0.11) 0.07
Basic earnings (loss) per share of common stock 1.92 1.51 2.88 2.11
Diluted earnings (loss) per share of common stock from continuing operations 2.02 1.51 2.98 2.03
Diluted earnings (loss) per share of common stock from discontinued operations (0.10) 0 (0.11) 0.07
Diluted earnings (loss) per share of common stock $ 1.92 $ 1.51 $ 2.87 $ 2.10
EIDP        
Net Sales $ 6,456 $ 6,112 $ 10,873 $ 10,604
Cost of Goods Sold 2,932 2,918 5,274 5,468
Research and Development Expense 375 357 710 689
Selling, General and Administrative Expenses 1,156 1,054 1,907 1,790
Amortization of Intangibles 161 174 323 351
Restructuring and asset related charges - net 79 92 101 167
Other income (expense) - net 103 (100) 118 (192)
Interest Expense 52 66 88 107
Income from continuing operations before income taxes 1,804 1,351 2,588 1,840
Provision for (benefit from) income taxes on continuing operations 422 285 539 393
Income from continuing operations after income taxes 1,382 1,066 2,049 1,447
Income (loss) from discontinued operations after income taxes (66) 0 (77) 47
Net income (loss) 1,316 1,066 1,972 1,494
Net income attributable to noncontrolling interests 0 0 1 2
Net income (loss) attributable to Corteva $ 1,316 $ 1,066 $ 1,971 $ 1,492
[1] Includes restructuring plans and asset related charges, as well as accelerated prepaid amortization expense for the three and six months ended June 30, 2024. See Note 4 - Restructuring and Asset Related Charges - Net, to the interim Consolidated Financial Statements, for additional information.