EIDP - Related Party Transactions (Notes)

6 Months Ended

Jun. 30, 2025

EIDP

Related Party Transaction [Line Items]

Related Party Transactions Disclosure [Text Block]

RELATED PARTY TRANSACTIONS

Transactions with Corteva

EIDP and Corteva, including certain consolidated subsidiaries (collectively the “Participating Companies”), are party to a Master In-House Banking Agreement, which established banking arrangements to facilitate the management of the cash and liquidity needs of the Participating Companies. Historically, in periods where EIDP had a net amount due from Corteva, Inc., EIDP classified the amount within other assets given Corteva, Inc. had both the ability and intent to repay the amounts due. Beginning in the fourth quarter of 2024, Corteva, Inc.'s intent to repay the amounts due changed and therefore, borrowings under this agreement are now classified within equity of EIDP. As of June 30, 2025 and December 31, 2024, EIDP had a due from Parent of $— million and $129 million, respectively, classified within the equity section of EIDP’s Consolidated Balance Sheets. In addition, EIDP issued dividends to Corteva, Inc. amounting to $375 million and $888 million during the three and six months ended June 30, 2025, respectively, which were utilized by Corteva, Inc. to repay amounts due to EIDP.

EIDP had a due from Parent of $1,120 million related to the Master In-House Banking Agreement included in other assets in EIDP's interim Consolidated Balance Sheets as of June 30, 2024. Additionally, EIDP earned interest income from Corteva, Inc. of $13 million and $20 million under this agreement for the three and six months ended June 30, 2024, respectively, which is reflected as other income (expense) - net in EIDP's interim Consolidated Statements of Operations.

As of June 30, 2025, December 31, 2024 and June 30, 2024, EIDP had payables to Corteva, Inc., of $15 million, $9 million and $24 million included in accrued and other current liabilities, respectively, and $149 million, $149 million and $140 million included in other noncurrent obligations, respectively, in the interim Consolidated Balance Sheets related to Corteva's indemnification liabilities to Dow and DuPont per the Separation Agreements (refer to page 21 of the Corteva, Inc. interim Consolidated Financial Statements for further details of the Separation Agreements).